Thai large-cap stocks lure foreign funds

Published by
The Bangkok Post

Foreign funds continue to flow into Thai large-cap stocks, pushing the SET Index past 1,700 points, the highest level in two years since the Covid outbreak started at the beginning of 2020. The Thai bourse recorded a total of 43.7 billion baht in capital inflows as of Feb 9, the highest in the region year-to-date. According to Asia Plus Securities’ (ASPS) research, foreign funds will continue to enter the Thai stock market throughout this year. Analysts at ASPS said foreign investors will increase their holdings of Thai stocks because the current foreign holding of 21% is still low compared wi…

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