'Thai market in upward trend’
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Finance Minister Apisak Tantivorawong expressed his conviction that the Thai stock market is on the upward trend, reflecting the government's ongoing and upcoming economic policies.
At Thailand Focus 2016, the minister said the 20 per cent increase in the Stock Exchange of Thailand Index so far this year showed that the Thai market is now on foreign investors' radar.
"The number of foreign investors attending this year's event surpassed that of previous years. This shows the Thai market's attractiveness to global investors. The exchange itself is an indicator of the economic condition: the market will advance ahead of favourable economic stories or fall ahead of economic declines," he said.
A number of 112 foreign institutional investors joined the two-day event.
At 3.08pm, the SET Index stood at 1,544 points.
