Experts at forum predict reversal in stock market’s fortunes

Global stock markets, particularly emerging markets such as Thailand, are expected to rebound significantly next year on easing concerns about inflation and high interest rates, while the Middle East conflict could have a limited impact unless it expands into a regional conflict, experts said yesterday.

Paiboon Nalinthrangkurn, chairman of the Investment Analysts Association (IAA) and chief executive of Tisco Securities, expects that the Thai stock market will outperform next year, boosted by an increase in listed companies’ net profits.

Both the Thai and Chinese…