Investor Confidence Index for December 2017
The Investor Confidence Index for the next 3 months decreased slightly, dropping into bullish territory. The main factors underpinning confidence were the country's positive economic growth, both in terms of exports and overall GDP, as well as expectations the new Chairman of the US Federal Reserve will continue a monetary policy of gradual interest rate hikes; in addition, tax reform policies have been passed by the US Senate. As for the risks emanating from the Korean Peninsula, investors continue to monitor the progress of North Korea's ongoing weapon tests. For the Thai stock market, the SET Index experienced fluctuations in November.
Investor Confidence Index for November 2017
The Investor Confidence Index for the next 3 months rose again, remaining in very bullish territory for the second month in a row. Investor confidence continues to be bolstered by the Thai economic recovery, especially in the export and tourism sectors which have experienced continuous growth. Nevertheless, investors remain wary of the possibility of international conflict, US monetary policy changes, and fluctuating exchange rates. Meanwhile, the Stock Exchange of Thailand (SET) Index also increased in October.
Investor Confidence Index for October 2017
The Investor Confidence Index (ICI) for the next three months rose into very bullish territory for the first time since the ICI began in January 2015. The inflow of foreign capital and the domestic economic numbers—especially in the export and tourism sectors—bolstered investor confidence. Nevertheless, investors continue to monitor international conflicts as well as US monetary policy, which has resulted in exchange rate swings and international capital movement. The Stock Exchange of Thailand (SET) Index increased significantly throughout the month of September.
Interest Rate Expectation Index for September 2017
Results from the Interest Rate Expectation Index show that interest rates are expected to remain stable at 1.50%, while the directions of 5-year and 10-year government bond yields are uncertain. The confidence level of the index was down from the previous forecast in which bond yields were seen as likely to rise. This is mainly due to the supply in the long-term debt market and the possible policy rate adjustments of the US Federal Reserve.
Investor Confidence Index for September 2017
The Investor Confidence Index for the next three months rose, jumping into bullish territory due to the Thai economic recovery in exports and tourism as well as capital inflows from abroad. However, investors remain wary of the risk of international conflicts and the lack of clarity in the direction of US monetary policy. Meanwhile, the Stock Exchange of Thailand (SET) Index increased significantly in late August.
Capital Market Sector Establishes “Good Governance Thailand” Mutual Fund
The capital market and social sector join forces to establish Good Governance Thailand Mutual Fund to promote the concept of Good Corporate Governance while raising money to combat corruption.
The launch of the “Investment Governance Code (I Code)”
The SEC officially launched the Investment Governance Code (I Code) to assist institutional investors in adopting investment management best practices