Thai Stock Market Outlook Remains Positive, FETCO Chair Predicts Further Growth

According to a report by Khaosod Online, Paiboon Nalinthrangkurn, Chairman of the Federation of Thai Capital Market Organizations (FETCO), has expressed a positive outlook for the Thai stock market. Following a significant recovery where the SET index climbed from 1,250 points at the start of the year to surpass 1,600 points—a gain of nearly 30%—the market has begun to outperform both global and emerging market indices.

Mr. Paiboon, who also serves as CEO of TISCO Securities, stated via his social media channels that he believes the current bull run has not yet concluded. He projects a potential further upside of approximately 10% or more over the next 12 months, citing five key supporting factors.

For residents and expatriates, this market performance may signal broader economic confidence, potentially influencing local investment climates and consumer sentiment. However, while the outlook is optimistic, it remains a market projection. Investors and those monitoring the Thai economy should note that these figures are based on current analysis and market conditions. Whether these specific growth targets will be met depends on the realization of the five factors identified by FETCO, which have yet to be fully detailed in this report. As with all financial forecasts, actual market performance remains subject to volatility and external economic variables.