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Bangkok Post
Bangkok Post
Business

Investor optimism returns amid tourism recovery

Covid-19 Kobsak Pootrakool United States Economy

The Investor Confidence Index (ICI) returned to the bullish zone last month amid optimism over the recovery of tourism and the domestic economy, but uncertainties related to US interest rate policy and global Covid-19 infections are still weighing on the outlook.

Kobsak Pootrakool, chairman of the Federation of Thai Capital Market Organizations (Fetco), said the November ICI, which anticipates market conditions over the next three months, rose 14.3% from the previous month and returned to the bullish zone at 124.42.

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