BANGKOK, Nov. 12 (Xinhua) -- Thailand's stock investor confidence weakened in October, hampered by concerns over the domestic political situation and volatility of the baht currency, a survey showed on Wednesday.
The investor confidence index, which predicts market conditions over the next three months, stood at 135.73 last month, down from a revised 151.00 in September and remaining in the "bullish" zone, according to the Federation of Thai Capital Market Organizations (FETCO).
The survey indicated that investors considered the commerce sector the most attractive, followed by the banking sector and the finance and securities sector, while the fashion sector was the least attractive, said FETCO Chairman Kobsak Pootrakool.
In October, the Stock Exchange of Thailand climbed above the 1,300-point level, supported by listed company earnings, along with the government's stimulus programs aimed at boosting domestic spending and tourism, Kobsak told a news conference.
Looking forward, he cited the central bank's potential dovish policy stance, the ongoing export slowdown, rising household debt levels, the gradual recovery of the tourism sector, and the impact of government stimulus measures on overall economic momentum as areas of focus for investors. ■