Risks remain for local bourse this year
When the Stock Exchange of Thailand (SET) rebounded by 1.5% on Oct 11, with foreign investors buying nearly 3 billion baht worth of stocks, veteran investor Watchara Kaewsawang was in no rush to return to the market.
“I think this was a short-term technical rebound after the index fell for several days,” said the 50-year-old investor who has traded Thai stocks since 1992.
He said he has traded a lot less this year than in the past.
Like many…