rooster59 Posted August 23, 2019 Share Posted August 23, 2019 Foreign investment to be downsized: expert By THE NATION The MSCI Emerging Market Index will downsize investment in Thailand’s stock market from 3.08 per cent to 3.01 per cent effective August 27, Capital Nomura Securities’ director of research and investment Koraphat Vorachet said on Friday. He added that this will affect foreign investors who will withdraw their investment in Thailand’s stock market worth about Bt4.4 billion or Bt5 billion on that date. Meanwhile, the MSCI Emerging Market has upped investment in China A-Share, and the stock market in Saudi Arabia, he said. Following on from the downsizing, Capital Nomura Securities Plc has revised downwards the Stock Exchange of Thailand (SET) Index at the end of this year from 1,780 to 1,820 to between 1,750-1,800, he said. Source: https://www.nationthailand.com/business/30375285 -- © Copyright The Nation Thailand 2019-08-24 Follow Thaivisa on LINE for breaking Thailand news and visa info Link to comment Share on other sites More sharing options...
ThomasThBKK Posted August 24, 2019 Share Posted August 24, 2019 Told you so ???? it's not only Nomura who are downsizing in Thailand. Link to comment Share on other sites More sharing options...
RichardColeman Posted August 24, 2019 Share Posted August 24, 2019 Hmm, coupled with the banks downgrading of the security of your savings Link to comment Share on other sites More sharing options...
Thechook Posted August 24, 2019 Share Posted August 24, 2019 It's ok nothing to worry about, the rich and influential thais along with the Generals are buying foreign currency and investing abroad. Link to comment Share on other sites More sharing options...
Isaan sailor Posted August 24, 2019 Share Posted August 24, 2019 Not much to cover in this ChiCom satellite country. Just refer coverage to the mothership—China. Link to comment Share on other sites More sharing options...
HeyHeyHey Posted August 24, 2019 Share Posted August 24, 2019 1 hour ago, Thechook said: It's ok nothing to worry about, the rich and influential thais along with the Generals are buying foreign currency and investing abroad. The foreign countries should confiscate the funds as it's guaranteed to be from crime. Would be the first tax they paid in their life. Except, of course, many of high positioned Thais have magical skill of saving 3700% of their salary. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.