Sentiment predicted to improve in H2
Scandals related to Stark Corporation and other negative factors caused the trading value of the Stock Exchange of Thailand (SET) to plummet by 33% year-on-year in June to 47.9 billion baht, but the bourse remains optimistic that investor confidence will improve in the second half.
Soraphol Tulayasathien, senior executive vice-president of the SET, said a spate of factors lowered investor confidence this year, including bond defaults by listed companies, such as Stark.
“Concerns about investment in the bond and equity markets triggered a sell-off in…
