BANGKOK, May 11 (Xinhua) -- Thailand's stock investor confidence picked up in April, supported by government economic stimulus measures, fund inflows, and optimism over an easing of geopolitical tensions, a survey showed on Monday.
The investor confidence index, which predicts market conditions over the next three months, stood at 114.16 in April, rebounding from 93.07 in the March survey and remaining in the "neutral" zone, according to the Federation of Thai Capital Market Organizations (FETCO).
Investor sentiment improved across most categories, with retail investors up 21.3 percent, proprietary investors up 14.3 percent, and foreign investors up 33.3 percent, while institutional investors were down 14.4 percent, the FETCO said in a statement.
However, the FETCO noted that the capital market remained tempered by global conflicts, trade protectionism measures, and concerns regarding domestic fiscal discipline.
Looking ahead, investors are closely monitoring the monetary policy directions of major economies, particularly signals concerning interest rates and fund flows, said FETCO Chairman Kobsak Pootrakool.
Meanwhile, the Middle East conflict continues to pose a significant risk to global energy price stability, Kobsak said.
Domestically, the focus remains on the implementation of stimulus measures and government disbursement schedules, both of which are critical to the Thai economic recovery, he added. ■
