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Market cap will double by 2020, bourse's chief says

Kesara Manchusree, president of the Stock Exchange of Thailand.

BANGKOK -- The market capitalization of Thailand's stock exchange will grow to 25 trillion baht ($702 billion) by 2020, or double the 2014 level, the head of the bourse said in an interview Tuesday.

     That would put it where the Singapore market -- the largest in Southeast Asia -- was at the end of last year. The goal will be achieved in part through increasing new listings, Kesara Manchusree, president of the Stock Exchange of Thailand, told The Nikkei.

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