Analysts see Thai stock market advancing 11% this year
The Stock Exchange of Thailand index is forecast to gain 11% to 1,442 points this year, based on government infrastructure projects, says the Investment Analysts Association (IAA).
The analysts forecast the index will peak at 1,501 points and hit a trough of 1,163, with 60.7% of analysts surveyed believing the main gauge will move sideways with an upward bias, said Poranee Thongyen, research manager at Asia Plus Securities Plc.
