Paiboon Nalinthrangkurn, Chairman of the Federation of Thai Capital Market Organizations (FETCO), said the FETCO Investor Confidence Index (FETCO ICI) in July, which anticipated the market condition over the next three months, is at 64.37, dropping 39.3 percent from the previous month, and enters bearish zone. COVID-19 vaccine distribution to help ease COVID-19 situation is the most supportive factor investors have anticipated, followed by pace of local economic recovery and how government s policies will shore up the economy. However, worsening COVID-19 pandemic in Thailand, followed by international conflicts and the country s economic retreat are the most concerning factors.
Highlights of FETCO Investor Confidence Index surveyed in July 2021 are as follows;