Uncertainty stemming from Thailand's ongoing political turmoil, which earlier this week saw the deputy prime minister step down following violent clashes outside parliament between police and anti-government protesters, has certainly depressed stock prices since the start of the year. But its effect on the broader development of the countryÆs capital market poses a bigger challenge û few companies are willing to sell shares in such conditions and few new investors are attracted to the market.
All of which creates an unenviable task for Patareeya Benjapolchai, president of the Stock Exchange of Thailand, but she remains upbeat. In 2006, the stock exchange became a fully integrated market that incorporated the main board, the Market for Alternative...
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