On Wednesday at 10:06 AM (Bangkok time), the share price of Siam Global House Public Company Limited (SET: GLOBAL) rose by 1.72% or THB 0.08 to THB 4.74, with a trading value of THB 6.81 million.
Tipco Asphalt Public Company Limited (SET: TASCO) grew by 0.75% or THB 0.10 to THB 13.50, with a trading value of THB 1.34 million.
CH. Karnchang Public Company Limited (SET: CK) increased by 1.82% or THB 0.20 to THB 11.20, with a trading value of THB 3.89 million.
Dohome Public Company Limited (SET: DOHOME) surged by 2.31% or THB 0.06 to THB 2.66, with a trading value of THB 14.50 million.
Mother Marketing Public Company Limited (mai: MOTHER) jumped by 2.83% or THB 0.03 to THB 1.09, with a trading value of THB 2.74 million.
Muangthai Capital Public Company Limited (SET: MTC) added 0.67% or THB 0.25 to THB 37.50, with a trading value of THB 12.55 million.
The Erawan Group Public Company Limited (SET: ERW) gained 1.51% or THB 0.03 to THB 2.02, with a trading value of THB 11.12 million.
Central Plaza Hotel Public Company Limited (SET: CENTEL) expanded by 0.43% or THB 0.10 to THB 23.60, with a trading value of THB 15.23 million.
The rise in share prices of the following equities came in response to the cabinet’s green light on a sweeping economic stimulus package totaling 157 billion baht, aimed at invigorating growth in both the short and long term.
The initiative, reviewed by the Economic Stimulus Policy Committee, allocates funds to 50 government agencies across 481 projects and 8,939 sub-projects, with an initial budget drawdown of 115.37 billion baht.
The stimulus measures span four primary sectors: infrastructure receives the largest share at 85 billion baht for 34 projects and 7,986 sub-projects; tourism is allocated 10.05 billion baht for 420 projects and 922 sub-projects; productivity enhancement, export impact mitigation, and digital initiatives are set for 11.12 billion baht across 10 projects; and local economies and other sectors will get 9.2 billion baht for 17 projects and 21 sub-projects.
Bualuang Securities (BLS) noted that the government’s push to spend particularly on infrastructure and tourism aims to help drive sustainable growth nationwide, with an emphasis on second-tier cities and tourism hotspots.
Key infrastructure spending will cover water management and upgrades to transportation routes connecting second-tier cities, production zones, and tourist areas—positively impacting shares of companies such as GLOBAL, TASCO, CK, DOHOME, MOTHER, MTC, ERW, and CENTEL.
