Thai Shares Climb on Initial Election Results

2026-02-09 09:54 By Kyrie Dichosa 1 min. read

The SET 50 index climbed more than 3% on Monday, closing at its highest level since December 2024, after preliminary election results showed a clear lead for Prime Minister Anutin Charnvirakul’s Bhumjaithai Party.

Investors welcomed the early clarity, as reduced political uncertainty and expectations of policy continuity boosted confidence.

A stable government is seen as likely to maintain existing economic programs and handouts, reassuring both domestic and foreign investors.

Nonetheless, analysts caution that it is still too early to gauge the broader economic impact and continue to monitor political risks.

Across the index, shares of Stecon Group Pcl surged 18.8%, marking its largest increase since September 2024.

Other notable gainers included Forth Corp (+28.7%), DOD Biotech (+17.4%), and Sky ICT (+15.5%).



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