Investor confidence in the Thai stock market has slipped to a three-month low on concerns about Russia’s invasion of Ukraine and the US Federal Reserve’s tightening policy, a capital markets group said on Thursday.
An April survey by the Federation of Thai Capital Market Organizations (Fetco) showed its investor confidence index, which measures confidence over the next three months, dropped to 95.42 but remained in the “neutral zone”, after rising to 117.92 in the previous month.
Foreign investor confidence fell 19% from the “bullish zone”, also weighed by the Finance Ministry’s plan to collect…
