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Asia-PacificApril 3 2017

Thai stock exchange reveals plans to double its market cap

The Stock Exchange of Thailand has ambitions to double its market capitalisation by 2020 by diversifying its pool of investors. Nikkei staff writer Yukako Ono reports.
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Thanks to its exceptionally large base of retail investors, the Stock Exchange of Thailand (SET) boasts the highest liquidity of any bourse in south-east Asia. But the exchange wants to bring in a wider range of players, including more institutional investors, to achieve the ambitious goal of doubling its market cap by 2020.

To hit that target, the SET will launch a new marketplace for start-ups by the end of the third quarter of 2017, in addition to its first-tier SET board and the smaller cap Market for Alternative Investment.

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