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Bangkok Post
Bangkok Post
Business

Investor confidence bullish despite risks

Kobsak Pootrakool China ICI
An electronic display of stock indices at a brokerage firm. Investors in the Thai stock exchange are buoyant because they believe China's reopening should benefit the local tourism industry. (Photo: Pornprom Satrabhaya)

The investor confidence index (ICI) remained in the bullish zone last month, thanks to expected gains from China's reopening and a substantial growth in profit for Thai listed companies, says the Federation of Thai Capital Market Organizations (Fetco).

Fetco's ICI for December, which anticipates market conditions over the next three months, was 121.75, down 2.1% from the previous month but still bullish, said chairman Kobsak Pootrakool.

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