Investors ’confident’ in political situation, stock market volatility ’short term’

 

   

BANGKOK, 11 April 2019 (NNT) – Results from an opinion survey on the confidence of investors in the Thai capital market during the next three months show a stable trend due to several factors, including the trade war between the United States and China, while current political uncertainty in the country is expected to be short-lived.

 

The Chairman of the Federation of Thai Capital Market Organizations (FETCO), Paiboon Nalinthrangkurn, said the survey showed that the investor confidence index stood at 107.53 points in April. He said the political situation is being closely watched by many investors who believed that the uncertainly will be short lived. Once a new government is formed, the investor confidence index is likely to increase further because the economic policy will soon be implemented.

 

Key external factors are the trade negotiations between the US and China, which will directly affect the world economy, Brexit, which remains uncertain, and rising oil prices.

 

According to the survey, the business category that in which investors are most interested is E-commerce because of technological changes. However, they are least interested in the print media.

 

-- © Copyright nnt 2019-04-11

the 107 points is down 17% from a previous confidence survey, 60-80 is really bearish, that was from the other naff paper in their business section yesterday. and thats if we can ever believe the reality of these figures, this gang will lie through their teeth. the last 12 months has seen billions of dollars of investments funds from the capital markets leave this land. i can see them propping up the markets using bot(bank of thailand) money ala china plunge team style, to elude everone, but people are now beconing savvy to all their dinosaur tricks. the last couple of days of ralllys looks really 'suspect' i am sure we see a lot more of that 'suspect' rallys over the next 2 months, it wont take much to move the markets now volumes are down 30% from a year ago.

 

ah well back to the bolony articles, everythings hunky dorry, buy buy buy

Edited April 10, 20197 yr by humbug

LOL. Rose tainted glasses. I love this country!

1 hour ago, webfact said:

 

-- © Copyright nnt 2019-04-11

Well, if the state propaganda outlet says so, it must be true.

1 hour ago, humbug said:

the last 12 months has seen billions of dollars of investments funds from the capital markets leave this land. 

Do you have a link for this? And also what about FDI.? 

7 hours ago, webfact said:

Results from an opinion survey on the confidence of investors in the Thai capital market during the next three months show a stable trend

Since only February 2019 forecasts for GDP growth have been lowered from 4-4.3% this year to new forecast of 3.7-4% compared to actual 4.1% last year. 

No stable trend there except increasing financial stress.