12
Mar 2018

Investor Confidence Index for March 2018

The Investor Confidence Index for the next three months fell but remained in bullish territory for the fourth consecutive month. Company earnings and continued domestic economic growth were the primary factors boosting confidence; at the same time, concerns about the political situation and US monetary policy curbed investor confidence. The Stock Exchange of Thailand (SET) Index fell to its lowest point early in February, but later gradually increased throughout the month reaching a month-end level close to that of January.
7
Feb 2018

Investor Confidence Index for February 2018

The Investor Confidence Index for the next 3 months increased slightly, remaining in bullish territory for the third month in a row. Main factors boosting confidence are international capital flows and regional and domestic economic growth rates, which are expected to increase over last year. However, other factors are dampening confidence as investors closely watch the movement of international capital which impacts the exchange rate, with the dollar weakening while regional currencies continue to appreciate. The Baht has strengthened to THB 31 per dollar, and this rate may affect the performance of businesses in the export sector. Meanwhile, the Stock Exchange of Thailand (SET) Index in January continued its upward trend, rising to historic highs.
18
Jan 2018

Investor Confidence Index for January 2018

The Investor Confidence Index for the next 3 months increased slightly, remaining in bullish territory as in the previous month. Key factors driving confidence included continuing growth of the domestic economy and US tax policy reforms which will be implemented in 2018 and should stimulate the US economy. Nevertheless, the risks of conflict in the Middle East and Korean peninsula, though minimal, still have a major negative impact on investor confidence. Meanwhile, the Stock Exchange of Thailand (SET) Index in December continued its upward trend, closing the year at near historic highs
18
Dec 2017

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.
6
Nov 2017

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.
16
Oct 2017

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.
21
Sep 2017

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.
21
Sep 2017

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.