InfoQuest (January 7, 2022) - Mr. Paiboon Nalintranggoon, Chairman of the Federation of Thai Capital Market Organizations, released the FETCO Investor Confidence Index. The data in December 2021 showed that the investor confidence index in the following three months will be 129.53, a high level despite a decrease of 4.2 percent from November 2021.
The investor confidence index remains high as a result of investors' high expectations of domestic economic recovery. The inflow of funds and rising registered companies are also contributing factors. Concerns of Omicron strain, international disputes, and results of the meeting of the Financial Policy Committee on interest rate policy will undermine investor confidence.
The results of the survey are as follows:
1. From January to March 2022, the investor confidence index will stay at a high level of 129.53 (the index value will range from 120 to 159), down 4.2 percent from November 2021;
2. The investor confidence index of individual investors, state-owned institutional investors, and foreign investors will be on the upside, but that of securities companies maintains "stable";
3. Investors are most interested in banking;
4. Investors are least interested in tourism and entertainment;
5. Thailand's stock market will benefit from the recovery of the domestic economy;
6. Thailand's stock market will be afflicted with concerns of the Omicron strain.
Source: InfoQuest, by Pacharatorn Phoomkham/Sasithorn Simaporn, translated by Xinhua Silk Road
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