Foreign fund inflows still pouring into SET
Technology, IT stocks emerge as favourites
Foreign fund inflows are expected to continue for the near future thanks to investor confidence about economic and corporate earning trends, says Yunyong Thaicharoen, the head of the SET Capital Market Research Institute.
The Stock Exchange of Thailand index closed at 913.19 points at the end of August, the highest in 13 years and eight months. The index gained 6.7% in August alone and 24.3% over the first eight months of the year.
Market capitalisation for the SET and the Market for Alternative Investment was 7.43 trillion baht at the end of August, an all-time high and up 6.7% from the month before.
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About the author
- Writer: Nuntawun Polkuamdee
- Position: Business Reporter
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