Value investors expected to pick up shares after stock market plunge | Bangkok Post: news

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Stock market will stabilise now 'hot funds' have left, says Kittiratt

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The Thai stock market is likely to settle down now the "hot funds" which earlier flowed into the country have flowed out, leaving only long-term investors, Finance Minister Kittiratt Na Ranong said on Wednesday. 

The Stock Exchange of Thailand continues to drop but some see it as opportunity for investment. (Bangkok Post file photo)

He expected the plunge in the stock market, with the SET index below the strong resistance line of 1,300 points, would stimulate the interest of value investors, who would buy good stocks as a long-term investment.

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