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Monday, April 29, 2024

Stock investor confidence at 7-month high

Fetco survey shows return of ‘bullish’ mood as political uncertainty ends

Investor confidence in the Thai stock market has hit a seven-month high boosted by the formation of a new government, although China’s slowing economy is a concern, according to Federation of Thai Capital Market Organizations (Fetco).

His Majesty the King swore in the new 11-party coalition government on Tuesday after a prolonged period of political uncertainty since the general election on May 14.

The August survey by Fetco showed its overall…

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