Krungthai XSpring Securities reported that the House of Representatives has endorsed Bhumjaithai Party leader Anutin Charnvirakul as Thailand’s next Prime Minister, with 311 votes in his favor out of the 492-member lower house. This decisive parliamentary support represents a notable advance in resolving Thailand’s political landscape.
With political uncertainties beginning to ease, the endorsement is expected to pave the way for smoother governance. The House Speaker will now move to submit Anutin’s name for royal endorsement, after which he will be tasked with forming a new Cabinet.
This breakthrough in the prime ministerial selection and the subsequent formation of a government are viewed positively by market participants, especially in sectors that traditionally attract foreign investment. Stocks such as ADVANC, GULF, SCB, CPALL, BDMS, CPAXT, and CPF are poised to benefit as investor confidence recovers.
Furthermore, shares in companies likely to gain from anticipated economic stimulus measures—including leading retailers (CPALL, CPAXT, GLOBAL, DOHOME, MOSHI), financial service providers (MTC, KTC, TIDLOR, SAWAD, THANI, ASK), and firms in construction materials and contracting (SCC, SCCC, DCC, TASCO, CK, STECON)—are also expected to see heightened interest, as investors position themselves for growth under the new administration.
