The SET index is expected to return to the 1,500-point mark by the year-end and hit 1,717 points in 2024, says Asia Plus Securities.
The Stock Exchange of Thailand (SET) index could possibly return to the 1,500-point mark by the end of the year, up from last month’s close of about 1,380 points, as foreign funds are likely to return and the recently-approved Thailand ESG Fund (TESG) has boosted trading, said Asia Plus Securities (ASPS).
The brokerage expects the index to rise to 1,717 points next year, driven by several positive factors including the end of the cycle of increasing interest rates and the easing of…
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