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Analysts project small hike in Thai stocks

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Thai baht coins

Thai baht coins. Image Pixabay.


BANGKOK, 8 August 2016 (NNT) – A limited increase in Thai shares is predicted by experts while investors have been warned of a possible drop in the future as a consequence of foreign selloff.

Mr Padermpob Songkroh, Managing Director for Equity Wealth Management at Kasikorn Securities Plc, revealed that the Thai stock market is likely to experience an uptrend shortly from now but adjustments will be within a limited range. He explained that, for some time, foreign capital had been flowing into Asian markets, including that of Thailand, leading to a prediction of a partial selloff in the near future.

Full story: NNT

Reporter: Surapan Laotharanarit


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