Thai stocks in the morning sector rose more than 10 points in response to bright politics, eyeing the face of the new cabinet and the economic team. Looking at the policy of the Pheu Thai Party Supporting retail groups based on provincial purchasing power, banking groups and investments

The Thai stock market in the morning rose more than 10 points in response to the bright political atmosphere after former Prime Minister Thaksin Shinawatra returned to Thailand as scheduled and the prime minister voted today. to nominate Mr. Srettha Thavisin, a candidate for Prime Minister Pheu Thai Let the parliamentary meeting consider and at 10.36 the SET index was at 1,536.06 points, an increase of 10.21 points (+0.67%).

Mr. Weerawat Wirojpoka Senior Vice President Securities Analysis Department, FSS International Securities Co., Ltd. Stating that clarity in voting for the prime minister this afternoon This is considered as an important positive force in building investor confidence and investing atmosphere. Which believes that the market will respond and continue to adjust from yesterday The next major resistance is 1540 points for stocks benefiting from the Pheu Thai Party’s economic policy. Especially the 10,000-baht digital money giveaway policy can help boost purchasing pressure. to stocks related to consumer goods very well consumed

Mr. Kornphat Worachet, director of research and investment services, Krungsri Patanasin Securities, stated that internal politics continued to move forward when 11 coalition parties gained a total of 314 votes, equal to 62 votes from senators or Opponent MPs assess that they have a chance to vote successfully. If the vote passes, the market is expected to follow the face of the new cabinet and the economic team to how much it will build confidence in the capital market and how to drive the main policies led by the Pheu Thai Party. Looking to support retail groups based on provincial purchasing power, banking groups and investment from a policy structure that has 2 main components, which are

Part 1 is the grassroots economy and digital by Digital Wallet to stimulate short-term consumption, increase household income. support medium-long term Through mechanisms to increase skills or platforms to create careers, create people with potential in the family, Soft Power, structuring agribusiness (planting/raising plants Animals meet the needs of the world. Bring technology to increase production efficiency and reduce costs)) and when GDP begins to set a base growth target of about 5% per year, will be followed by an increase in minimum wages and salary adjustments for bachelor’s degrees.

Part 2 is to drive infrastructure investment. (push high-speed train railway connecting main cities, secondary cities, airports) and investment (adding new settlement areas facilitating more investments such as digital government systems reduce the contact process And add benefits to push the new S Curve on the digital side among SMEs and Start-up) .

Source: Thai News Agency