Thai stock investor mood up on foreign inflows - market association

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BANGKOK : Investor confidence in Thailand's stock market over the next three months has risen on expectations of further foreign fund inflows, despite concerns about the Ukraine crisis and U.S. monetary tightening, a capital market group said on Monday.A survey in late February by the Federation of Thai C

BANGKOK : Investor confidence in Thailand's stock market over the next three months has risen on expectations of further foreign fund inflows, despite concerns about the Ukraine crisis and U.S. monetary tightening, a capital market group said on Monday.

Foreign investors' confidence jumped by 186per cent to the"bullish zone" from the"bearish zone", also helped by Thailand's economic recovery and reopening, the Federation said. Foreign investors have bought about a net 84 billion baht of Thai shares so far this year, after selling a net 49 billion baht in 2021.

 

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