DBS says Thailand tourism stocks face limited near-term catalysts
DBS Group Research analysts say Thailand tourism stocks are likely to have limited near-term catalysts, with shares mainly driven by company-specific earnings momentum rather than a broad tourism sentiment recovery.
Thailand's tourism stocks likely have limited near-term catalysts, DBS Group Research analysts say in a note.
Shares are expected to remain mainly driven by company-specific earnings momentum, rather than a broad-based recovery in tourism sentiment.
Recovery in tourism is slow, with monthly figures…