Markets

Federation of Thai Capital Market advises to diversify investments

However, the federation is confident that the stock index would hit a record high at 1800 this year.

Published

7 months ago

May 13, 2019

National News Bureau of Thailand

BANGKOK, 7 May 2019 (NNT) – Political sector remains pivotal to investment climate, prompting the Federation of Thai Capital Market Organizations to suggest that investors diversify their portfolio in such volatile situation.

Phaibul Nalintharangkun, the president of the Federation of Thai Capital Market Organizations, said the Investor Confidence Index in May has slightly declined to 104.49, which was in the same range as last month with political sector being closely watched by investors.

However, the federation is confident that the stock index would hit a record high at 1800 this year.

International flows of venture capital to new markets such as Thailand where tourist industry has made outstanding growths remain a supportive factor at the moment.

Given Thailand’s economic growth which has slowed down due to the world’s economic slowdowns, the investors are suggested to monitor the United States’ Federal Reserve Bank’s rate adjustments and development in trade talks between the U.S. and China.

The investors are advised to diversify their portfolio though business performances of listed firms remain positive in the Stock Exchange of Thailand where this year’s index was expected to hit a record high at 1800.

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Forex

Strong baht sends jitters through Thai export sector

Thailand’s private sector has expressed serious concern over the strengthening baht, which has rallied to its highest level against the US dollar for six years and may badly affect the country’s export

Published

2 months ago

October 21, 2019

Headline Editor

UTCC: Thai export sector to be affected by US-China trade war

The baht has gained 5.5% against the US dollar since January and now stands at 30-31 baht per US$, outperforming other currencies in the region.

(more…)

commodities

Thailand’s rice exports hampered by strong baht

Thai rice exports are likely to stay below targets as the strong baht weakens competitiveness in the world market (Photo: Bangkok Post)

Published

3 months ago

September 25, 2019

Bui Dung

Bangkok (VNA) – Thai rice exports are likely to stay below targets as the strong baht weakens
competitiveness in the world market.

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Forex

Thailand Futures Exchange (TFEX) expands on the back of trade war

The baht has strengthened to a six-year high and it is likely to further appreciate. This is an opportunity for investors to invest in the low-risk Thailand Futures Exchange (TFEX) market.

Published

3 months ago

September 16, 2019

National News Bureau of Thailand

BANGKOK, 15 September 2019(NNT) – The Thai economy is experiencing a slowdown mostly due to several external factors, particularly the volatile global economy and the ongoing trade war between China and the United States.

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