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Wednesday, May 1, 2024

Bourse dips 1.6% in April, foreign fund inflows increase

Investors monitor share prices on an electronic screen at a stock brokerage.

The Thai stock market slid 1.6% in April from the previous month, in line with other bourses in the region, but still recorded growth in foreign fund inflows despite global supply chain issues.

In April 2022, the average daily trading value on the Stock Exchange of Thailand (SET) and Market for Alternative Investment (MAI) tallied 82.3 billion baht, down 11.8% from April 2021.

Daily trading value also dropped below the first-quarter average of 93.2 billion baht.

With the Ukraine war causing commodities prices to rise and China’s zero-Covid policy aggravating global supply chain issues, the IMF expects a global economic slowdown and downgraded its…

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