Investor confidence at 4-year lowInvestor confidence for the three months through April plummets into a bearish territory for the first time in four years, dragged by concerns over dejected tourism outlook and geopolitical tensions. The Investor Confidence Index (ICI) tumbled by 9.9% to 72.75 from January's 80.75, according to the monthly survey by the Federation of Thai Capital Market Organisations (Fetco). Confidence of brokerage firms and foreign investors declines into a bearish territory from last month’s neutral, while retail investors’ confidence climbs from bearish to neutral. Institutional investors’ confidence still remains bearish,” said Fetco chairman Paiboon Nalinthrangkurn. Factors deemed to shore up investor confidence include dividend payment of SET-listed companies, public policies and domestic economic growth trajectory following the US’s phase 1 trade deal with China.

Source: Bangkok Post February 11, 2020 06:11 UTC