Analysts believe the Thai stock market will continue to see a monthly inflow of more than 10 billion baht, helping the SET Index reach 1,870 points in 2022, says Paiboon Nalinthrangkurn, chairman of the Federation of Thai Capital Market Organizations (Fetco).
Mr Paiboon said global investors will need to adjust their asset allocations after central banks in developed markets such as the US raise interest rates and reduce their quantitative easing measures to curb inflation. Asian countries will be the main recipient of these fund flows, he said.
Foreign capital began to enter the Thai stock market 4-5 months ago and will continue to flow into the Thai bourse this year as it is expected to remain the most liquid stock…
