Connect with us

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.

National News Bureau of Thailand

Published

on

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.

Source link

Continue Reading
Advertisement Load WordPress Sites in as fast as 37ms!
Comments

China

Durian Processing Factory opened in Southern Thailand

Durian has now become a very popular fruit among Chinese consumers, especially durian from southern border provinces known for a unique flavor.

National News Bureau of Thailand

Published

on

Durian Processing Factory opened in Southern Border Province

SONGKHLA, 09 July 2019 (NNT) – Durian is a very popular fruit in Thailand, and its export has become a major source of national income.

(more…)
Continue Reading

Business

Thailand to monitor prices of fishery products

Processed seafood products are important exports for Thailand, generating revenue of as much as 185 billion baht per year for the country. Thailand is the world’s No. 1 exporter of canned tuna and processed sardines.

National News Bureau of Thailand

Published

on

BANGKOK, 4 July 2019(NNT) – The global economic slowdown has affected people’s purchasing power worldwide, but there have been no reports so far of the smuggling of fishery products which could affect prices in the Thai fishing industry .

(more…)
Continue Reading

Investment

SET up 6.8% at end of June, highest performer in Asia

The Set is up 10.6 per cent from the end of 2018 to 1,730.34 points and SCB Securities thinks the Thai stock market may now rise to 1,750 points.

Olivier Languepin

Published

on

The Stock Exchange of Thailand (SET) Index at the end of June showed an increase of 6.8 per cent over the previous month, making the best performer in Asia.

(more…)
Continue Reading

Most Read

Upcoming Events

Nov 27

The Future Energy Show Thailand

November 27 @ 10:00 am - November 28 @ 5:30 pm BMT

Press Release

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 10,909 other subscribers

Trending