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Local and foreign investors bullish over latest political developments

Local and foreign investors bullish over latest political developments

15 Sept 02:31 Key points summarised by AI
  • The Thai stock market (SET) surged past 1,400 points, driven by positive investor reactions to the official cabinet line-up and the upcoming Vayupak Fund launch.
  • Foreign investors demonstrated strong confidence with nearly 7.5 billion baht in net buys, contributing to a significant 120-point increase in the SET index.
  • The Finance Ministry projects 2.7-3% economic growth for the year, fueled by an estimated 400 billion baht in government stimulus measures during the last quarter.
  • Key stimulus initiatives include the 10,000 baht 'digital wallet' cash benefits and the 150 billion baht Vayupak Fund, both expected to boost economic activity and market confidence.
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Economy 1/1
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