Analysts foresee continued hike in Thai stock index in Q1

 

BANGKOK, 12 January 2017 (NNT) – The Thai stock index is expected to continue on an upward trend in the first quarter of this year. Investors are, however, urged to keep an eye on the US economic policy under the Donald Trump administration. 

Based on projections by Mr Isara Ordeedolchest and Mr Pornthep Jubandhu, Senior Vice Presidents for Investment Strategy of SCB Securities, this year’s first quarter could see the Thai stock index climb to the level of 1,700 points, which would be conducive to investment. The increase would be the result of the acceleration of public investment in infrastructure projects and a rise in agricultural product prices. 

Due to signs that many countries could resort to monetary and fiscal policies for economic stimulation, inflation rates around the world are surging, enabling businesses to earn more profits. The circumstance is also beneficial for Thai exports while most attractive stocks are those belonging to the construction, energy and financial sectors. 

The analysts also warned investors of external factors throughout this year, such as the new economic policy of the US and elections in Europe, which could cause short-term fluctuations in the stock market.

 

-- nnt 2017-01-12

Well I for one wont be putting my money into Investment Strategy of SCB Securities stock.  A fool and their money.

5 hours ago, webfact said:

urged to keep an eye on the US economic policy under the Donald Trump administration. 

Also keep an eye on the Chinese, Japanese and Russian economies.

A risk investment strategy might be to take 10-15% short term gains on the Thai Index, reducing your overall per share investment cost. The longer the growth is sustained the less your investment costs (with the goal of full investment capital recovery), the lower your potential loss will be should the market make a major downward adjustment.