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Broker Insists Foreigners Still Keen on Stock Exchange of Thailand.

Bangkok Post (Bangkok, Thailand)

| May 04, 2004 | COPYRIGHT 2004 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Darana Chudasri

May 4--Despite recent market woes, interest among foreign investors and multinational companies in the Thai market remains strong, according to Rathian Srimongkol, the chairman of Siam City Securities.

"Many investors are looking at the Thai market as one with good potential, flexibility in terms of capital flows and less restrictions than many other markets," Mr Rathian said.

The Stock Exchange of Thailand, one of the best performing markets in 2003 with a return of 117 percent, has performed poorly this year, with the main index falling about 16 percent due to the bird flu outbreak, unrest in the south and concerns ...

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