The benchmark SET Index to expected rise about 7% further this year.
Wat Arun Ratchawararam Ratchawaramahawihan, or the Temple of the Dawn, on the western bank of the Chao Phraya River, Bangkok. (Photo: Tourism Authority of Thailand)
A better-than-expected upswing in tourism from China’s re-opening and the likely fillip to domestic consumption make Thai stocks the top pick for JPMorgan Chase & Co in Southeast Asia.
A historical run-up in the market prior to general elections and continued margin expansion for corporates from easing energy and raw material costs will also help Thai stocks outperform the broader market in the region, excluding Vietnam, according to Kae Pornpunnarath, head of Thai…
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