Thailand’s April-June Investor Confidence Index declines by 18 percent
The Federation of Thai Capital Market Organisations disclosed that the Investor Confidence Index surveyed for the months of April, May and June fell 18 percent due to fears over capital fluctuations
Bangkok (NNT/VNA) - The Federation of Thai CapitalMarket Organisations (FETCO) disclosed that the Investor Confidence Index (ICI)surveyed for the months of April, May and June fell 18 percent due to fearsover fluctuations in capital flows.
FETCO President Worawan Tharapoom revealed that the ICI for these monthsdecreased by 18 percent due to several reasons, attributing the decline to investors’concerns over capital flow fluctuations, the US interest rate policy, and thedecision by the Stock Exchange of Thailand to post XD symbols on certain stockswherein shareholders will not receive their dividends.
Banking and infrastructure sectors will remain attractive to investors duringthis period as they are still benefiting from both public and private spendingswhile the energy and health care sectors are enjoying the decline in oil pricesand higher revenues.
Those involving media, fashion, printing, capital investment are less likely toattract investments because their growth heavily depends on domesticconsumption.-VNA
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Illustrative image (Source: laodong.com.vn) 
