Confidence down as political tension flares
Stock investors’ confidence for the three months to October remains in neutral territory as concerns over heightening domestic political tension and the economic slowdown drag down optimism.
The investor confidence index (ICI) fell 16% to 85.3 from June’s 101.2, according to the monthly survey by the Federation of Thai Capital Market Organisations (Fetco).
An index below 80 points is considered bearish, 80-119 is neutral and over 119 is bullish.
The ICI survey results showed that the ICIs acr…