Investor confidence improves but new Covid wave drags

Investor confidence in Thai financial markets over the next three months has improved slightly on optimism over vaccines and capital inflows, but has been capped by a new wave of coronavirus cases, a capital market association said on Tuesday.

A survey in January by the Thai Capital Market Organizations (FETCO) showed its investor confidence index was at 132.6 after falling to 130.6 in December, when the new Covid-19 cases emerged.

Keep reading…