Thai Assets Supported by Inflows After BOT Cut, Analysts Say

Thailand’s stocks and currency may be further buoyed by inflows after the Bank of Thailand eased policy to bolster growth, according to analysts.

Financial firms and property developers are likely to benefit from the interest-rate cut, while the baht may be supported from foreign inflows. That said, political uncertainty remains a risk and may raise asset volatility later in the quarter, analysts said.