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Bleak outlook for brokers in the South.
Byline: Ploy Chitsomboon
Aug. 1--HAT YAI -- Local analysts and brokers expressed sharp pessimism about prospects in the southern provinces as a result of ongoing violence along the border.
Investors in Hat Yai, the largest city in the South, have sharply cut back their activity, forcing local brokers to slash costs to survive.
Pannee Prayoonkum, the Hat Yai branch manager of Syrus Securities, said trading volume had fallen by 20-30 percent per month over the past several months due to poor market sentiment, the southern violence and rising oil prices.
"Most investors are looking for short-term investments, given the uncertainties that ...
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