Thai stocks rose in the afternoon, accepting “Pitha” not ending her MP status.

Krungthai, Thai stocks rose more than 20 points in the afternoon, in line with the direction of other stock markets in Asia that moved more in positive territory. Meanwhile, due to factors in Thai politics, after the afternoon, the Constitutional Court granted Mr. Pitha Limcharoenrat The former party leader is able to continue as an MP, which is considered a positive factor. Mr. Natthaphon Khamthakruea, Director of Securities Analysis at Yuanta Securities (Thailand), said that the Thai stock market surged strongly in the afternoon in line with regional markets. Including after the Constitutional Court read the decision that Mr. Pitha Membership of MPs has not ended due to the shareholding case in ITV Public Company Limited (ITV), causing investors to relieve concerns that there may be political heat issues. As for the case of the Ministry of Finance announcing a press conference forecasting GDP growth for 2023, Thailand will grow at 1.8. % According to the news that came out yesterday (23 Jan.), the market has already been aware of the aforementioned factors. At 2:34 p.m., the SET index was at 1,367.46 points, an increase of 10.92 points (+0.80%), and at 4:24 p.m., the SET index jumped to 1,379.38 points, an increase of 22.84 points (+1.68%).- Source: Thai News Agency