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Furthermore, there are some interesting stocks such as industrial estate sector that would attract more foreign investors after a firm election date has been announced, regaining their confidence to invest in Thailand, while the EEC projects also sent positive sentiment to this sector. Top pick shares from this group are WHA Corporation Public Company Limited (WHA), and Amata Corporation Public Company Limited (AMATA).
“There will be something of a shift,” said Shinichi Seki, an economist at the Japan Research Institute, adding that some Japanese companies manufacturing goods in China for export were already considering moving out. “Having this in the budget will definitely provide an impetus.” Companies, such as car makers, that are manufacturing for the Chinese domestic market, will likely stay put, he said, according to Bloomberg.
Furthermore, there are some interesting stocks such as industrial estate sector that would attract more foreign investors after a firm election date has been announced, regaining their confidence to invest in Thailand, while the EEC projects also sent positive sentiment to this sector. Top pick shares from this group are WHA Corporation Public Company Limited (WHA), and Amata Corporation Public Company Limited (AMATA).
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