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2025-12-12 11:25:15
[Thailand's snap election expected to boost local stock market] Analysts believe that Thailand's snap election is likely to boost the local stock market, especially if a coalition government is formed by the Bhumjaithai Party or the Pheu Thai Party, as their policies are generally seen as supportive of the economy and capital markets. However, the direct impact of the election on the already strong Thai baht may be relatively limited. The baht's recent appreciation has been mainly due to the weakening US dollar and the overall strengthening of regional currencies, while seasonal tourism inflows have also provided some support. The market generally believes that the baht's future performance will depend more on a wide range of factors, such as the macroeconomy and the trend of the US dollar, rather than a single political event.
