Analysts see SET index at 1,494 points by year-end

Quick Summary:

The Investment Analysts Association (IAA) anticipates the Stock Exchange of Thailand (SET) index will finish at 1,494 points at the end of 2024, rising to 1,634 points next year supported by falling global interest rates and the launch of new Thai ESG fund rules later this year.

"If the Democrats win the election, the SET could receive a windfall because government policies are unlikely to change much," he said.

"But if the Republicans win, that would pressure the SET as the party is expected to impose more trade barriers on Asia and cut corporate income tax, attracting fund flows back to the US to grab higher returns".

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: ThailandChinaIndiaVietnam

Topics: Government Investment Year Points Thai Association Fund Funds Thailand Stocks Investors

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-04 @ 05:00:00 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 410 words

Reading Time: 3 minutes read

Sentences: 12 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 22872989

View Article Analysis

About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 16 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 6 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #66

Publisher Details

Frequently Asked Questions