For the year to date, foreign investors have made net sales of Bt92.33 billion on the SET. Phillip Securities (Thailand) vice president Teerada Charnyingyong said foreign investors, increasingly concerned about conflict between the US and Iran, had sold energy stocks on Tuesday, while local investors were also concerned about the government’s delay in opening the bidding process for the construction of a high-speed rail project. Both of these factors had led them to dilute their investment in the SET, she added. However, she expressed confidence that the SET Index on Wednesday would continue to remain above 1,750 points.

Source: The Nation Bangkok May 08, 2018 12:22 UTC