Investors are urged to hold some cash amid the political uncertainty and demonstrations, while any outcome from the parliamentary vote for prime minister will be positive for the stock market because it would provide clarity about Thai politics, say analysts.
Asia Plus Securities (ASPS) recommends investors hold some cash at this time as the Thai stock market pauses, awaiting clearer signals.
As the risks from political factors in the country are elevated, investors are advised to hold some cash, ASPS said in its research released yesterday.
“The rallies outside parliament and in many provinces make the political situation riskier, especially with the Pheu Thai Party, with Pita if the vote for prime minister on July Limjaroenrat becoming prime min13 is inconclusive. Investors…
