PORNPROM SATRABHAYAThe SET index will reach 1,700 points this year supported by strong earnings per share (EPS) growth of 8-10%, SCB Securities (SCBS) said yesterday. On Thursday the SET index closed at 1,575.28 points. The index could continue rising to 1,800 points in 2018 as the economy continues to rebound and with an expected pickup in private investment, he said. "The SET index may break 1,800 points if the general election is held [next year]," he added. He said the three economic drivers of private consumption, government spending and exports are not strong enough to balance excess capacity and propel new private investment incentives.

Source: Bangkok Post July 21, 2017 00:27 UTC