Foreign funds returned to the Thai stock market in February 2024, driven by export growth and solid consumption, despite the National Economic and Social Development Council's downgrade of the economic growth forecast. Despite lowered expectations for the Federal Reserve's policy rate cut, overall risk assets rallied, with Bitcoin and US stocks hitting records and commodities prices such as oil and gold climbing. High dividend-paying stocks outperformed the SET Index, offering passive income and defensive characteristics amid local and global uncertainties. Analysts advised investors to invest in these high dividend-paying stocks for passive income amid local and global uncertainties. (ICE BANGKOK)

Fonte notizia: Thailand Business News