SET senior executive vice president Soraphol Tulayasathien said on Monday that the SET Index in 2018 had been weighed down by external factors, while Thailand’s economic fundamentals remained robust and economic growth had outpaced the level achieved in the previous year.
Foreign investors’ selling spree in Thai shares was in tandem with most Asian stock markets, he said.
The Thai bourse’s average daily trading value in 2018 rose from the preceding year, with a year-on-year increase in the first three quarters before dropping in the fourth quarter, in line with most Asean markets as investors became more cautious on global capital-market investment amid global trade disputes, Soraphol explained.