Thailand Stocks Rise to Over 14-Month High
2026-02-11 04:32
By
Chusnul Chotimah
1 min. read
Thailand's SET 50 Index climbed 3 points, or 0.3%, to 953 in Wednesday morning deals, hitting its highest level since November 2024, after the ruling Bhumjaithai Party won a clear victory in Sunday’s general election.
The win raised the prospect that a more stable coalition may now succeed in bringing an end to a period of prolonged political instability.
The BJT, led by incumbent Prime Minister Anutin Charnvirakul, was on track to capture the most seats in the 500-seat lower house and is in pole position to form a coalition.
The BJT is set to secure 191 seats out of a possible 500 in the House of Representatives, with the pro-democracy People’s Party on track for 115 seats.
Commercial services, non-energy minerals, consumer durables, and industrial services mainly drove the broader index.
Among the top performers were True Corp (3.1%), PTT Oil & Retail Business (2.9%), Bumrungrad Hospital (2.4%), Gulf Development (2.3%), and WHA Corp (2.1%).