SET could slide if |charter rejected

WEDNESDAY, AUGUST 03, 2016
SET could slide if |charter rejected

The Investment Analysts Association expects the SET Index to fall further if the charter is rejected in this Sunday’s referendum.

Paiboon Nalinthrangkurn, president of the association and CEO of Tisco Securities, said Wednesday that the Stock Exchange of Thailand was undergoing a correction due to the global plunge in oil prices. However, the charter referendum could put pressure on the correction if it fails to pass.