SET RECORD FORECAST
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The Stock Exchange of Thailand (SET) Index is forecast to hit a new high at 1,916 points next year following the Thai economy’s expansion, said Aira Securities, which is also keeping an eye on crude price as a positive factor.
Chitrada Lekharphan, Aira Securities’ assistant managing director, said that the Thai economy is expected to grow 4.1 per cent in 2018, the highest rate since 2013 and the likely steady increases in crude price could support the energy sector.
The crude price is estimated to trade in a range of US$55-$65 for next year.
This year’s economic growth is projected at 3.9 per cent.
