Foreign investors sold nearly 100 billion baht worth of Thai shares in the first five months of this year, including 33.4 billion baht divested in May alone, due to rising global interest rates and uncertainties in forming the new government.
But the Stock Exchange of Thailand (SET) expressed its confidence on Tuesday that the recent easing of the US debt ceiling could bolster global sentiment and encourage investors to buy more Thai stocks on the back of a recovering Thai economy.
