21. An analyst at a large local brokerage commented there will be more local finance firms allowing higher foreign ownership ceilings. 22. An analyst from a local brokerage house said the stock fall is partly from profit-taking following heavy speculative buying a day earlier. 23. An analyst of a large local brokerage house said that the downward trend of the Thai stock index yesterday was due to the negative direction of the regional markets. 24. Another analyst from a local brokerage house said that the Mahatun issue has had a negative psychological affect on investors. 25. At this point, news of therestriction of local brokerage houses also filtered into the market. 26. Baring gives part of its commission fees to Dhana Siam to place its foreign orders on the Thai stock exchange through the local brokerage house. 27. But an analyst with a local brokerage house said the SET fall is not a correction. 28. Foreign securities firms have sought membership in the stock exchange to prevent leaks of market information that could result from going through local brokerage houses. 29. Going against the trend, Indonesian share prices closed sharply higher on heavy buying by local brokerage houses. 30. In another sign of declining interest in the country, Goldman Sachs shut down its local brokerage last week. |