Thailand's Stock Market rose sharply on Monday, February 9, 2026, following Bhumjaithai's victory in the legislative elections.
See: Elections in Thailand: Anutin's surprise victory defies polls
Investors welcomed the prospect of a stable coalition and the end of political uncertainty.
The SET index had gained 40.74 points, or 3.01%, at 10:13, with a transaction volume of nearly 30 billion bahts.
Airports of Thailand Plc led the pack, rising 5.75 baht, or 10.85%, to 58.75, followed by Delta Electronics Plc, which gained 13 baht, or 6.28%, to 220, and Gulf Development Plc, up 3.25 baht, or 6.38%, to 53.
Krungthaibank Plc, PTT Plc and Cpall Plc completed the top 5 winners after the market opening.
The Thai index closed at 1,354.01 on Friday.
Kavee Chukitkasem, head of research and content at Pi Securities, stated on Friday on the company's YouTube channel that he expected the SET index to rise once all political uncertainties were lifted after Sunday's vote.
Some analysts and strategists told Bloomberg that the stock market would be one of the sectors to benefit from Bhumjaithai's decisive victory.
Kaseedit Choonnawat, an analyst at Citigroup, said the Thai stock market could reach 1,450 points by the end of the year.
Bhumjaithai is expected to win nearly 200 seats out of the 500 in Parliament.
It has already won at least 174 parliamentary seats, according to the Election Commission.
See also:
The Thai stock market ends its third consecutive year in the red
Source: Bangkok Post
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