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Wednesday, May 8, 2024

Bangkok Post – SET set to rebound as stimulus kicks in

Mr Pichai, left, and Mr Sukit at a press conference.

The Stock Exchange of Thailand (SET) index has the opportunity to rebound significantly, approaching 1,700 points this year as global interest rates stabilise and the government stimulates the domestic economy, says InnovestX Securities.

InnovestX, the financial investment flagship of SCB X Group, said the outlook for the first quarter of 2024 could be volatile, with potential economic setbacks in the US leading to continued interest in bonds as attractive investment assets.

However, the Thai stock market presents numerous opportunities and is expected to become more…

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