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Thai Bourse Upbeat On 2010 New Listings Market Capitalization



BANGKOK -(Dow Jones)- The Stock Exchange of Thailand said Friday it has set a target for the market capitalization of new listings next year above the THB30 billion ($898 million) expected this year, Vichate Tantiwanich, chief marketing officer of the SET's issuer and listing division, told reporters.

More than 10 companies have postponed their listing plans to next year due to unfavorable economic conditions.

So far this year, there have been 14 new listings with a combined market capitalization of THB28.86 billion compared with 11 new listings with a market capitalization of THB70.49 billion last year.

-By Bangkok Bureau, Dow Jones Newswires; 662-266-0744; djnews.bangkok@ dowjones.com


  (END) Dow Jones Newswires
  11-06-090312ET
  Copyright (c) 2009 Dow Jones & Company, Inc.

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