Global recovery to boost profit of securities firms
published : 17 May 2021 at 04:30
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The performance of securities firms this year will improve significantly because the daily trading value on the Stock Exchange of Thailand (SET) has increased to nearly 100 billion baht per day, says SCB Securities (SCBS).
The SET reported the average trading value on the SET and Market for Alternative Investment (MAI) for the first four months this year was 96.1 billion baht.
The SET stated individual investors are eagerly seeking high-yield returns from the capital market.
Moreover, the number of new investors has increased by roughly 700,000 trading accounts in the first four months, totalling over 4 million accounts at present.