ESSAY 2: AN EXAMINATION INTO BUY-SELL ASYMMETRY OF PRICE BEHAVIOR AROUND TRADES AND TRADING COSTS OF TRADES: EVIDENCES FROM TH 1 THE ASYMMETRY OF PRICE BEHAVIOR AROUND BUY AND SELL TRADES: NEW

To break or not to break: Evidence from price discovery process of Thai stocks during the pre-opening of each trading session To break or not to break Evidence from price discovery process of Thai

) (4.7934) (3.4035) Equity Mutual Funds - Ratanabanchuen & Saengchote © Where do fund flows go? And what might laggards do to catch up? (1) If mutual funds tend to buy the same stocks, then this could be lead

the market moves up, a DW issuer will buy SET50 futures or stocks, and if the market moves down, the DW issuer will sell SET50 Futures or stocks. The objective of this rebalancing is to hedge the DW

Asymmetry (con’t) • Theoretical prediction about the role of individual stocks’ return history – Saar (2001) argues that the longer the run of price appreciation a stock experiences, the lower the buy-sell

holding, buying and selling over time Buy and sell following the moving average trend following. 3. To test the level of return and risk according to the Mean-Variance model. 9 Related Literature 1. Naïve

Analysis for the first quarter ended March 31, 2020 are different from the same period last year more than 20% To: The President, The Stocks Exchange of Thailand World Corporation Public Company Limited

. Suppaluek Na Songkla, Mr. Ittidet Phonin and Miss Nittaya Na Songkla offered company to buy SUTG stock for 132,000 units whereas 66% of total paid-up capital of SUTG. Main reason of the deal is to come back

0 s h a re s VOL BUY VOL SELL Motivation • But imbalances – defined as buy volume minus sell volume – only occur at some prices. 2.00 5.00 10.00 25.00 -1,500 -1,000 -500 0 500 1,000 0 .0 1 0 .1 9 0 .3

stocks for production. Cash flow received from operating activities increased from the same period of last year, because the Company received debt repayment during period. Cash flows used in investing