In today’s briefing:
- SET50 Index: Market Moves Adjust for Consultation Proposal; DELTA in the Crosshairs (Again)
SET50 Index: Market Moves Adjust for Consultation Proposal; DELTA in the Crosshairs (Again)
- On 4 February, the SET floated a consultation paper on capping stocks in the Stock Exchange of Thailand SET 50 Index (SET50 INDEX) at 10%.
- The move was aimed at Delta Electronics Thailand (DELTA TB) since it was the only stock with an index weight higher than 10%.
- Delta Electronics Thailand (DELTA TB) has slid since then and at the current weight of 9.27% will not need to be capped. The market has adjusted for it.
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