The Federation of Thai Capital Market Organizations (FETCO) stated that the survey for the Investor Confidence Index in July 2022 rose to 103.92, increased by 60.9 percentage points from 64.57% in June.
The index indicates investors’ confidence for the next three months, while the 103.92 level in July is considered “stable”.
FETCO stated that investors believe the recovery in Thai tourism will be the main factor to support investors conference, while Fed’s monetary policy and domestic economic recovery come in second and third.
On the other hand, disputes in foreign affairs, interest rate hike and rising inflation are the factors that weigh confidence down.
