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Bangkok Post
Bangkok Post
Business

Thai stocks set to remain volatile in Q2

United States Recession Stock Market GBS Interest Rates
An investor monitors share prices at Asia Plus Securities on Sathon Road. (Photo: Pornprom Satrabhaya)

The Thai stock market is expected to remain volatile in the second quarter of this year, with analysts attributing the wild swings to concerns over rising interest rates, problems in the financial system and the risk of recession.

Recent interest rate hikes by various central banks have affected financial institutions in the US and Europe facing liquidity crunches, said Therdsak Taweeteeratham, executive vice-president of Asia Plus Securities (ASPS).

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