The Thai stock market's upward trend is expected to continue throughout the second half because of an economic recovery, persistent capital inflows and listed companies' solid earnings, fund managers say. Sectors...
The SET index fell 0.4% yesterday but has been one of Asia's best performers this year, gaining nearly 19%. Foreign investors turned to net buyers of Thai shares this year with a net position of more than 100 billion baht this year after several years of sell-offs.
Thai capital markets have been the recipient of some UScopy.1 billion worth of offshore fund flows in August alone, the central bank has said. Most of the capital inflow went to the equity market.