Election expected to boost sentiment
The Fetco Investor Confidence Index (Fetco ICI) in March moved down to the “neutral” zone, according to the Federation of Thai Capital Market Organizations (Fetco).
Investors expected the upcoming election and the US Federal Reserve’s slowing of rate hikes to boost market sentiment.
Fund outflows and the Fed’s policy to tame inflation undermined confidence.
Fetco chairman Kobsak Pootrakool said the Fetco ICI in March, which anticipated market conditions over the following three months (up…
