share
 

Thailand's stock investor confidence jumps in January

0 Comment(s)Print E-mail Xinhua, February 11, 2025
Adjust font size:

BANGKOK, Feb. 11 (Xinhua) -- Thailand's stock investor confidence improved in January, supported by the government's stimulus package, listed firms' earnings results and fund inflow, a survey showed on Tuesday.

The investor confidence index, which predicts market conditions over the next three months, stood at 91.78 last month, jumping from 78.52 in December 2024 and returning to the "neutral" zone, according to the Federation of Thai Capital Market Organizations (FETCO).

Investor morale picked up in some categories, with institutional investors up 42.9 percent and foreign investors up 33.3 percent, while retail investors were down 6.1 percent and proprietary investors were down 14.3 percent, the FETCO said in a statement.

In January, the Stock Exchange of Thailand index declined steadily, influenced by the redemption of matured long-term equity funds, persistent sell-offs by foreign investors and concerns about international trade and investment due to expected changes in tariff policy, said FETCO Chairman Kobsak Pootrakool.

Looking ahead, investors are closely monitoring domestic consumption growth spurred by the government's stimulus package, the direction of public investments, the trend of policy rate cuts by the central bank and the earnings results of listed companies, Kobsak noted. Enditem

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter