Capital inflow boosts stock market | Bangkok Post: business

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Capital inflow boosts stock market

The Stock Exchange of Thailand main index soared above 1,111 points on Wednesday morning, fuelled by foreign direct investment inflow, SET president Jarumporn Chotikasatian said.

Since the beginning of the year, foreign investors had made total net purchases of about 15 billion baht, he added.

Mr Jarumporn said this shows fact that investors now have more confidence in Thailand’s economic fundamentals.

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  • pointoffew

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    Discussion 1 : 08/02/2012 at 12:46 PM1

    Given the total market capitalization all SET listed companies, 15 billion - although a nice amount to have - is not substantial.

    Good though that Khun Jarumporn warned investors to keep a close watch on global economic problems, because the government tends to deny any relationship between the Thai economy and the rest of the world. However, to point particularly at the debt crisis in Greece seems odd, the Euro crisis is much more widespread.

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