Thai stocks expected to surge in next 6 months

BANGKOK, 14 November 2015 (NNT) – The Federation of Thai Capital Market Organizations (FETCO) forecasts that foreign capital inflows in the next 6 months will drive up Thai stocks.

Paiboon Nalinthrangkurn, head of FETCO, said Thai stocks will move in the range of 1,450 and 1,500 points before this year ends and have high chances of rising above 1,500 points in the next 6 months, thanks to high tendencies of improved liquidity ratios of major economic powers like China, Japan, and European countries.

Read more: NNT