The preliminary results of Thailand’s February 8, 2026, general election indicate a sweeping victory for the Bhumjaithai Party, setting the stage for Anutin Charnvirakul to become the next Prime Minister.
With support expected from the Kla Tham Party, the combined seats are likely to surpass the 250-mark, paving the way for a stable coalition government. Meanwhile, the People’s Party has officially conceded the outcome and affirmed it is prepared to serve as the opposition if Bhumjaithai succeeds in forming the government.
According to Phillip Securities (Thailand), the market is expected to respond positively to the prospect of a swift and stable government formation. The Thai SET Index is projected to face resistance at the 1,375-1,380 points level in the next session.
Stocks seen as beneficiaries under the incoming Bhumjaithai-led government include:
- Finance: MTC, KTC, SAWAD
- Domestic Consumption: CPAXT, MOSHI, CBG, OSP, CPALL
- Industrial Estate: WHA, AMATA
- Construction: STECON, CK, UNIQ
- Banking: KTB, KBANK, KKP, TISCO
- Real Estate: SPALI, AP, SIRI, SC
- Tourism & Related: CENTEL, ERW, BA, CPN
Investment strategies are recommended to focus on these sectors, which are well positioned to benefit from increased political stability.
