Bangkok, Investor Confidence Index (FETCO Investor Confidence Index) for the next 3 months is "stable", looking at the recovery of the tourism sector. It is the most confidence-boosting factor. Followed by the government's economic stimulus measures and the recovery of the domestic economy. Negative factors will come from the Fed's maintaining interest rates, inflation, and capital outflows. Mr. Kobsak Phutrakul, Chairman of the Thai Capital Market Business Council Revealing the Investor Confidence Index (FETCO Investor Confidence Index), the results of the survey in February 2024 (surveyed between 20-29 February 2024) found that in the next 3 months it was at a level of 106.88, an increase of 37.8% from the previous month. Page is in the "stable" range, with investors viewing the recovery of the tourism sector. It is the most confidence-boosting factor. Followed by the government's economic stimulus measures and the recovery of the domestic economy. While the factor that drags down investor confidence the m ost is the US Federal Reserve's (FED) interest rate stabilization policy, followed by the inflation situation and capital outflows. The confidence of institutional investors is in the "hot" category, while the confidence of individual investors is Securities company accounting group and foreign investors are in the "stable" category. The most interesting business category is tourism and recreation (TOURISM). The most uninteresting business category is petrochemicals and chemicals (PETRO). Supporting factors that influence the stock market The most important thing for Thailand is the recovery of the tourism sector. The dragging factor that has the greatest influence on the Thai stock market is the US Federal Reserve's policy of maintaining interest rates. Survey results as of February 2024 by investor group found that the confidence of the individual investor group increased 31.4% to the level of 115.00, the securities company accounting group increased 14.3% to the level 100.00, the domestic institutional i nvestor group decreased 11.9%. It was at the level of 122.00 and the group of foreign investors increased it by 66.7% to the level of 100.00. Throughout February 2024, the SET Index improved more than the previous month in the same direction as stock markets around the world. After investors have expectations that the FED Will start reducing interest rates soon. Including measures to restore confidence in the Chinese stock market. Signaling continued easing of monetary policy by the Bank of Japan Announcement of stronger operating results of listed companies and support from foreign investors returning to buy Thai stocks, resulting in the SET Index at the end of February 2024 closing at 1,370.67, an increase of 0.5% from the previous month. The average daily trading volume was 47,265 million baht, and foreign investors returned to buy net more than 3,246 million baht. However, since the beginning of the year, foreign investors still net sold more than 27,624 million baht. Foreign factors that must be follo wed include: The direction of monetary policy in major economic countries such as the United States, Europe, and Japan is likely to maintain interest rates for a while. Problems with the Chinese economy that still need to be continuously monitored International conflict situation, especially in Russia-Ukraine and in the Middle Eastern countries it is still protracted As for domestic factors, including the recovery of the domestic economy after signs of domestic consumption starting to recover from the 4th quarter of 2023, continuing into the 1st quarter of 2024, and following the results of the meeting. Monetary Policy Committee or MPC Next time, the direction of the policy interest rate. Source: Thai News Agency