Picture courtesy of Bangkok Post
Foreign investors have increased their holdings of Thai shares by 1.37% in the first eight months of 2024, reaching a total of 5.18 trillion baht, based on data from the Stock Exchange of Thailand (SET).
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Foreign investors have increased their holdings of Thai shares by 1.37% in the first eight months of 2024, reaching a total of 5.18 trillion baht, based on data from the Stock Exchange of Thailand (SET). This rise highlights the growing interest in the technology, financial, and services sectors.
By August 2024, foreign investors held over 5.18 trillion baht (US$155 billion) in Thai shares, marking a 1.37% increase from the end of 2023. Their investments comprised 30.8% of the SET’s market capitalisation, which stood at 16.6 trillion baht (US$500 million) at the end of August.
The SET’s research department revealed that the top three sectors for foreign investment are technology, financial, and services, with a combined value of 3.81 trillion baht (US$114 billion). Within these sectors, the electronics component industry saw foreign ownership…