Thai stocks to move up after signs of political stability
Thai stock analysts have forecast that stocks will continue to rise
after signs of political stability in the country. The SET Index is
expected to reach 1,333 - 1,374 points on March 5.
Thai stock analysts have forecast that stocks will continue to rise
after signs of political stability in the country. The SET Index is
expected to reach 1,333 - 1,374 points on March 5.
Charoen Iampatanatham, senior analyst at KT Seamico Securities, stated that Thai stocks still have a chance to climb to 1,350 points on the SET Index, adding that more needs to be observed to determine how it is rising.
Farmer protesters are also decreasing in numbers after the government has most likely found a way to pay part of the long awaited rice mortgaging payments.
Although foreign investors have been buyers in the Thai stock market for the past two consecutive days, it is not yet known whether or not the market can be considered to be on a recovery path, as there are still many other factors to take into account.-VNA
Charoen Iampatanatham, senior analyst at KT Seamico Securities, stated that Thai stocks still have a chance to climb to 1,350 points on the SET Index, adding that more needs to be observed to determine how it is rising.
Farmer protesters are also decreasing in numbers after the government has most likely found a way to pay part of the long awaited rice mortgaging payments.
Although foreign investors have been buyers in the Thai stock market for the past two consecutive days, it is not yet known whether or not the market can be considered to be on a recovery path, as there are still many other factors to take into account.-VNA
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