Although political strains remain a short-term threat, investors should shrug off this issue and revert to economic fundamentals and stock selections. |
Investors are hoping that some kind of political compromise will end political uncertainty. |
It is too early to tell but certainly the court's acceptance created further uncertainty over Thai politics. |
People may chase telecom and energy shares that suffered the most due to the controversy. |
The court's decision was a positive surprise for investors as they expected the court to look into the case. |
The Thai market was under pressure due to regional declines. The markets in Taiwan, South Korea and Singapore all fell today and sentiment was very weak. |