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Sunday, April 28, 2024

Investors await new government policies

Capital market prepares proposals

Mr Prasarn, centre left, chairman of the Stock Exchange of Thailand, presided at the opening of the Thailand Focus 2023 conference on Wednesday.

Although the Thai bourse has continued to rise after the selection of a new prime minister, analysts are warning the rally will be short-lived as investors await a policy statement from the new government, while populist projects could hurt Thailand’s fiscal stability.

Kobsak Pootrakool, chairman of the Federation of Thai Capital Market Organizations (Fetco), said investor confidence improved…

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