The investment atmosphere for Thai stocks is likely to remain downbeat this month following the recent US interest rate hike that could exacerbate the banking crisis in that nation, says Tisco Securities.
Following the decision by the Federal Reserve to raise interest rates by 0.25% on May 3, investors need to monitor the impact on regional US banks as some are reported to be weak, said Apichart Phubancherdkul, Tisco's head of strategy research.
