A family walk after fleeing from Ukraine to Romania at the border crossing in Sireton on Sunday. The Federation of Thai Capital Market Organizations believes foreign inflows would continue after the crisis is resolved. (Reuters photo)
Investor confidence in the Stock Exchange of Thailand over the next three months has risen on expectations of further foreign fund inflows, despite concerns about the Ukraine crisis and US monetary tightening, a capital market group said on Monday.
A survey in late February by the Federation of Thai Capital Market Organizations (Fetco) showed its investor confidence index rose 20.4% to 113.03 but remained in the “neutral zone”, after dropping to 93.9 in the previous month.
Foreign investors’ confidence jumped by 186% to the “bullish zone” from the “bearish zone”, also…
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