BANGKOK, Feb. 4 (Xinhua) -- Thailand's stock investor confidence continued to improve in January, bolstered by fund inflows amid concerns over international conflicts and domestic political uncertainty, a survey showed on Wednesday.
The investor confidence index, which predicts market conditions over the next three months, stood at 165.37 last month, up from 156.6 in the December 2025 survey and advancing to the "very bullish" zone, according to the Federation of Thai Capital Market Organizations (FETCO).
Investor sentiment saw mixed reactions across categories, with retail investors up 26.3 percent and proprietary investors up 7.1 percent, while institutional investors were down 8.3 percent and foreign investors remained unchanged, the FETCO said in a statement.
The surge in gold prices in January, coupled with the appreciation of the baht currency against the U.S. dollar, stimulated fund inflows into the Thai capital market, said FETCO Chairman Kobsak Pootrakool.
Looking ahead, Kobsak noted the importance of closely monitoring domestic political developments, including outcomes of the February general election, the formation of a new government and the constitutional referendum.
He added that investors are keeping a close eye on the fourth-quarter earnings results of listed companies, as they will provide a crucial indication for the Thai stock market's direction. ■