News Snapshot:
The Investor Confidence Index (ICI) for stocks over the next three months surged to a record high, spurred by strong prospects of a tourism rebound after the country's reopening and progress in vaccine rollouts that will attract foreign fund inflows to the Thai stock market next year. Paiboon Nalinthrangkurn, chairman of the Federation of Thai Capital Market Organizations (Fetco), said the ICI in October, which anticipated the market condition over the next three months, rose 18.2% to 168.69, the highest since the index was launched. The index rose into the "very bullish" territory as investors expect the tourism industry will...
