The Stock Exchange of Thailand (SET) reveals that it has received good responses from foreign investors during a recent roadshow in the United States by participating in 161 meetings which attracted 53 leading institutional investors, reflecting that foreign investors are being interested in Thai listed companies and ready to boost investment in Thai market.
The U.S. roadshow on June 25-29 in Boston, Chicago, New York, and San Francisco was part of SET’s strategy to stimulate investment of foreign investors into Thailand and boost Thai listed companies’ profiles in the international stage.
“SET offered attractive investment choices for foreign institutional investors and gained a warm welcome from them, which is a good sign that they are ready to boost investment in Thai stock market. Investors mostly focused on overall Thai stock market conditions, domestic liquidity, company profitability, and quality of Thai listed companies, while the most concern among investors was the impact on euro debt crisis. However, we demonstrated that Thai listed companies had proved their resilience through many crises over the past seven years, still reporting good profit growth each year,” said SET President Charamporn Jotikasthira.
“ASEAN Link was also another highlight attracting funds, which viewed this cooperative effort among ASEAN nations to be the catalyst in driving the region’s investment opportunities to the world,” Charamporn added.
In addition, the issue that investors raised most on the roadshow was the topic of sustainable business as some funds have a policy of only investing in stocks that are constituents of a sustainability index. SET is under preparation for listed companies by providing guidelines, which are Corporate Social Responsibility guideline and Sustainability Reporting guideline, enabling listed companies to operate business for sustainability, Charamporn said.