TFEX temporarily halts commodity futures trading
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The Thailand Futures Exchange (TFEX) temporarily halted trading of gold, silver and crude oil futures during 9.45-10.15am on Wednesday, following volatility of the commodity prices after the Boston marathon bombing.
Global stocks yesterday fell while the Stock Exchange of Thailand was spared as it was closed for the Songkran holiday. The SET index as of 11am remained in the positive territory, gaining 3.08 points or 0.20 per cent on turnover of Bt17 billion.
TFEX announced that it halted the commodity futures trading as prices chaned up or down by 10 per cent from the latest settlement prices of last Friday. After the reopening, the daily price limit will be expanded to no more than +/- 20 per cent of the latest settlement price.
