01 Jul '11, 3pm

Possible investment opportunities following Thai elections: analysts: By Ryan Huang | Posted: 01 July 2011 2250

SINGAPORE : Investors can look forward to some investment opportunities on the Thai currency following the country's election over the weekend. This is according to market watchers who expect some buying opportunity as the currency may take a temporary dip amid the potential political uncertainty. But analysts are mixed over how Thai stocks could perform. As Thailand gears up for its election on Sunday, some are bracing for possible protests from supporters if their party loses. This could have an impact on markets and provide opportunities for investors. Santitarn Sathirathia, an economist at Credit Suisse, said: "A lot of political experts are expecting that after the elections, there will be periods of political instability. Typically in the past, during political turmoil, the Thai baht tended to underperform other Asian currencies with respect to the US dollar. "We fin...

Full article: http://www.channelnewsasia.com/stories/marketnews/view/11...

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