Bangkok: The Stock Exchange of Thailand is actively seeking public input on proposed changes to improve trading units, known as Board Lots, for stocks maintaining a closing price of 50 baht or more over six consecutive months. Additionally, it aims to review the lowest price range, or Floor, for new stock listings until June 13.
According to Thai News Agency, the Stock Exchange of Thailand is working on refining additional criteria for securities trading, which includes adjustments to trading units and the Ceiling and Floor prices of new shares. The goal is to align these criteria with current trading conditions and investor behavior, facilitating easier securities trading. This initiative is also in line with practices observed in foreign stock exchanges.
The public hearing, titled 'Improving the Criteria for Securities Trading in SET and mai,' aims to gather opinions on two main aspects. Firstly, the improvement of the Board Lot seeks to align with the trading habits of retail investors, who typically have an average transaction value of no more than 5,000 baht. This change is expected to broaden investment opportunities across a wider range of stock prices.
Secondly, the proposal addresses the Ceiling and Floor price range for new stock listings on their first trading day. This adjustment aims to mitigate the impact of stock price declines on the initial trading day, reducing investor risk. This approach mirrors practices from foreign stock exchanges, which usually adopt a narrower pricing range for new stocks initially.
The Stock Exchange of Thailand has made the hearing document available on its website, inviting stakeholders to review and provide feedback by June 13, 2025. The document can be accessed at https://www.set.or.th/th/rules-regulations/market-consultation under the topic "Improvement of the criteria for trading securities in SET and mai."