Thais flock to purchase foreign securities : vimarsana.com

Thais flock to purchase foreign securities


Thais flock to purchase foreign securities
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published :
12 Jul 2021 at 04:30
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Investment in foreign stocks has risen exponentially as Thais rush to buy high-growth stocks in global markets after recently being allowed to do so through local brokers, while Thai stocks remain volatile during the pandemic.
According to the Securities and Exchange Commission (SEC), revenues from global stock trading through local brokers for the first half this year grew more than 200%, from the same period last year, said M.L. Thongmakut Thongyai, chief executive of Krungthai Zmico Securities (KTZ).
He said KTZ's trade value for global stocks this year has steadily risen by around 50% to around 10 billion baht.

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