Krungsri Securities (KSS) noted that Mr. Anutin Charnvirakul, leader of the Bhumjaithai Party, secured a majority vote from members of parliament to become Thailand’s 32nd prime minister for a second term, receiving 293 out of 499 votes.
The development is viewed as a positive signal for the SET Index, particularly in the afternoon session. Shares associated with government formation themes, such as industrial estates (AMATA, WHA), power generation (GULF), telecommunications (ADVANC, TRUE), banking (KTB), construction (STECON, INSET), and retail (CPAXT), are expected to benefit.
