BANGKOK, April 8 (Xinhua) -- Thailand's stock investor confidence weakened further in March, dragged down by local economic slowdown, international conflicts, and looming trade war, a survey showed Tuesday.

The investor confidence index, which predicts market conditions over the next three months, stood at 60.93 last month, down from 66.11 in February and remaining in the "bearish" zone, according to the Federation of Thai Capital Market Organizations.

Investor morale declined in most categories, with retail investors down 22.4 percent, proprietary investors down 20.0 percent, and institutional investors down 3.7 percent, while foreign investors remained stable, the organization said in a statement.

The Thai capital market faced a turbulent March, grappling with internal and external challenges. Key factors included escalating geopolitical conflicts, the implementation of U.S. tariffs, and a powerful earthquake in neighboring Myanmar sending tremors across Thailand, disrupting investor confidence and business operations, said the organization's Chairman Kobsak Pootrakool.

Kobsak noted that crucial elements to monitor going forward include Thailand's economic indicators, particularly the weakening tourism sector and private investment, potential government measures to stimulate inbound tourism, and the earthquake's impact on confidence in several areas. Enditem

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