BANGKOK, June 11 (Xinhua) -- Thailand's stock investor confidence surged in May, driven by easing geopolitical conflicts, capital inflows, and the government's economic stimulus measures, a survey showed on Thursday.
The investor confidence index, which predicts market conditions over the next three months, stood at 163.65 last month, jumping from 114.16 in the April survey and entering the "very bullish" zone, according to the Federation of Thai Capital Market Organizations (FETCO).
Investor sentiment saw a broad-based improvement across all categories, with retail investors up 34.4 percent, proprietary investors up 28.6 percent, institutional investors up 36.4 percent, and foreign investors up 50 percent, the FETCO said in a statement.
The sentiment was lifted by the government's co-payment stimulus package, the Thai central bank raising its 2026 economic growth outlook, and a Moody's assessment naming Thailand among the emerging markets most resilient to global economic shocks, said FETCO Chairman Paiboon Nalinthrangkurn.
Despite that, Paiboon identified the domestic economic slowdown, ongoing international conflicts, and upcoming corporate earnings announcements as the primary drags on sentiment.
