The value of foreign holdings of Thai shares reached a record high of $168.05 billion in August 2023, driven by price increases in some stocks and IPO listings.
Foreign ownership accounted for 30.50% of the total market capitalization, slightly lower than in 2017, but still a significant portion.
Key Takeaways
- Foreign holdings of Thai shares reached a record high of USD 168.05 billion in August 2023, indicating a strong appetite for long-term investments despite net outflows from the Thai stock market.
- The Electronic Components, Energy and Utilities, and Banking sectors were the top three sectors in terms of foreign ownership value, accounting for 52.34 percent of the total.
- The UK, Singapore, and Hong Kong were the top three countries with the highest foreign ownership value in Thai shares, while the US and Japan maintained their positions in the top six.
Despite net outflows…
