“Pakorn” Recommends Investing in Dividend Stock amid Volatility in the Market!
“Pakorn” recommends investing in dividend stock amid volatility in the market while seeing a limited effect from the U.S.-Iran due to solid structure in the market.
The President of the Stock Exchange of Thailand (SET) Pakorn Peetathawatchai has advised investors to study the analysis and digest information carefully regarding the tension between the U.S and Iran.
Still, he sees that this might be the opportunity to invest as there are stocks affected and benefited by the dispute. Moreover, the Thai stock market has a higher return when compared to Thai bond yields. Mr. Pakorn asserts that global liquidity remains high and the interest rate has been kept at a lower rate which can be seen in bond yield that gives 1.3% return while choosing the right dividend stock could yield a 3.7% return from the dividend payment.