Fiscal and monetary experts analyze Stock Exchange of Thailand

The Stock Exchange of Thailand reached 800 points last week, marked as the highest value in 10 years.

Fiscal and monetary experts reports that trade value at the Stock Exchange of Thailand reached 6.4 trillion baht last week, the SET's highest recorded investment circulation since its opening in 1975. Assc Prof Dr. Montri Soktiyanurak (โสคติยานุรักษ์ ) from the National Institute of Development Administration (NIDA) reports that the Stock Exchange of Thailand index achieving 800 points last week was due to several factors, including improvement in Thailand's economic foundation, resolution of many political conflicts, improvements in investors' confidence, and improvement in Thailand's P.E. ratio.

Assc Prof Dr. Monti revealed that in order to determine whether the Stock Exchange of Thailand will improve further in the next few weeks, investors will have to compare the SET's achievements with stock exchanges in other nations.

Source: Thai National News Bureau Public Relations Department - 09 July 2007

Fiscal and monetary experts analyze Stock Exchange of Thailand

The Stock Exchange of Thailand reached 800 points last week, marked as the highest value in 10 years.

Fiscal and monetary experts reports that trade value at the Stock Exchange of Thailand reached 6.4 trillion baht last week, the SET's highest recorded investment circulation since its opening in 1975. Assc Prof Dr. Montri Soktiyanurak (โสคติยานุรักษ์ ) from the National Institute of Development Administration (NIDA) reports that the Stock Exchange of Thailand index achieving 800 points last week was due to several factors, including improvement in Thailand's economic foundation, resolution of many political conflicts, improvements in investors' confidence, and improvement in Thailand's P.E. ratio.

Assc Prof Dr. Monti revealed that in order to determine whether the Stock Exchange of Thailand will improve further in the next few weeks, investors will have to compare the SET's achievements with stock exchanges in other nations.

Source: Thai National News Bureau Public Relations Department - 09 July 2007

I rely on one measurement only. That is how far the baht could be further strengthened. If continuously, the foreign investors will keep on coming in.