BANGKOK, 7 January 2014 The Stock Exchange of Thailand (SET) opens as normal in 13 January albeit anti-government protesters’ occupying of Bangkok on that day.
Secretary-General of the Securities and Exchange Commission (SEC) Worapol Sokhatoyanurak said the commission had met with the SET, securities companies and asset management companies on the mass protests or the “Bangkok Shutdown” operation. Together they had prepared measures for an emergency situation and tested service systems according to the Business Continuing Plan, the executuve said.
Mr Worapol confirmed both the SET and the commission had tools to prevent risks such as a curcuit breaker if stocks dropped more than 10%.
No significant effects were expected on the market as most stocks and mutual funds had good fundamentals and they were long-term investment, Mr Worapol said.
