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Monday, April 29, 2024

InnovestX trumpets Vietnam, Indonesia

Mr Sukit, right, and Mr Phasuvut attend a recent press conference. Both executives advised investors to diversify investments into emerging markets.

Local investors are recommended to focus their investments on stock markets in Vietnam and Indonesia for the final quarter of 2023 to cope with risks that have emerged from the Chinese economy and the high possibility of a global economic slowdown, said InnovestX Securities.

Amid the volatility of the global economy as interest rates remain high, lnnovestX has revised up Thailand’s GDP forecast for 2024 by 1% from 3.1% to 4.1% on the back of a stable political situation…

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