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Thai investor confidence fell in October due to political instability and currency swings, despite a stock market rise and strong earnings.
Thailand's investor confidence dropped to 135.73 in October from 151.00 in September, citing political instability and baht fluctuations, though it remained in bullish territory.
The Stock Exchange of Thailand rose above 1,300 points, boosted by strong corporate earnings and government stimulus for consumption and tourism.
Commerce was the most attractive sector, followed by banking and finance, while fashion lagged.
Key concerns include potential monetary policy shifts, export slowdowns, rising household debt, tourism recovery, and the impact of fiscal measures.
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La confianza de los inversores tailandeses cayó en octubre debido a la inestabilidad política y las fluctuaciones monetarias, a pesar de una subida del mercado de valores y fuertes ganancias.