Investor confidence surges to all-time high

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The Federation of Thai Capital Market Organizations' (Fetco) Investor Confidence Index (ICI) hit an all-time high in September, helped by fund inflows, government stimulus measures and the Federal Reserve's interest rate cut.

Mr Kobsak said external factors to monitor include the US presidential election in early November and the trend of policy rate cuts in key economies such as the euro zone, the UK and Japan.

Supportive external factors included the Fed's rate cut by 50 basis points, the first dovish move in four years, and fund inflows.

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Article Details

Category: EconomyBusiness

Markets: ThailandChinaJapan

Topics: Investors Inflows Rate Fund Thai Government Confidence Baht Index September Market

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-09 @ 07:05:00 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 434 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 28 words per sentence (average)

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Copyright Owner: © Bangkok Post

News ID: 22963273

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