In brief
Thailand’s stock investor confidence index fell to 100.86 in October, sliding from the bullish zone into a neutral phase, according to the Federation of Thai Capital Market Organizations (FETCO). All investor categories reported negative sentiment, with retail down 13.2%, proprietary down 19.2%, domestic institutional down 7.4%, and foreign down 49.2%. Listed companies’ earnings, government stimulus, and a tourism rebound remain the strongest market drivers.
Thailand’s stock investor confidence index swung sharply into a neutral zone, falling to 100.86 in October from 148.72 in September, the Federation of Thai Capital Market Organizations (FETCO) said Tuesday.
FETCO said the change, derived from a market‑sentiment survey, marked a move from bullish to neutral, with retail investors reporting a 13.2% decline, proprietary investors 19.2%, domestic institutional 7.4% and foreign investors 49.2%.
Paiboon Nalinthrangkurn, FETCO chairman, said the Stock Exchange of Thailand (SET) index traded within a narrow range in October due to a prolonged Middle East conflict, high energy prices, U.S. Treasury yields and ongoing inflation concerns.
He added that continued growth in Thai exports, especially digital and electronic products, lent the market support, and that investors are watching U.S. mid‑term elections, the Federal Reserve’s policy, and the next quarter earnings of listed companies.
Listed companies’ earnings, government stimulus measures and a tourism recovery were identified by investors as the strongest positive drivers, said FETCO.
These survey results reflect how geopolitical tension, domestic slowdown and export growth interact to shape market expectations for the next three months.
