Investor sentiment index slightly up

 

FILE photo

 

BANGKOK, 7th August 2018 (NNT) - The Thai investor sentiment index has increased for two consecutive months despite capital outflows from new markets. Analysts have forecast that the Thai stock index will be above 1,800 points at the end of 2018. 

Chairman of the Thai Capital Market Organizations, Phaibun Nalintharangkun said the investor sentiment index in August was at 108.11, after increasing for two months in a row, and being stable for four consecutive months. Investors were still confident in the Thai economy expected to expand by 4-5%, following the government’s stimulus measures. However, investors were still concerned over capital outflows caused by trade barriers and the U.S-China trade rift, said the chairman. 

Analysts and fund managers have predicted that the Thai stock index will stand at 1,803 points at the end of this year with most of the driving factors being the trade policy of large economies such as the U.S., China and Europe as well as the Fed’s signals to increase policy interest rates. 

Regarding the direction of interest rates in Thailand, investors believed the monetary policy committee will decide to maintain the benchmark rate at 1.5% to support Thai economic growth.

 

-- nnt 2018-08-07

 

4 hours ago, webfact said:

the monetary policy committee will decide to maintain the benchmark rate at 1.5% to support Thai economic growth

Which seems to contradict alleged availability of domestic capital.

Think graph upside down ?