Stock investor confidence perks upInvestor confidence for the next three months, July to September, edged up for the first time in four months on the back of expectations of fresh stimulus measures from the new government. Confidence rose by 25.5% to 109.44 but remained in neutral territory, according to the Federation of Thai Capital Market Organisations. State policies have the most effect in shoring up investment sentiment in Thailand's stock market, while geopolitical conflicts are identified as the main factor weighing on investor confidence, said Fetco chairman Paiboon Nalinthrangkurn. "The investor confidence index has risen for the first time in four months but is still in neutral territory for four consecutive months as well," he said. "The index gauging confidence of brokerage firms has increased from the bullish threshold to a very bullish level."

Source: Bangkok Post July 02, 2019 08:41 UTC