Statistically, it is often observed that after a general election, the stock index experiences a significant jump, reflecting the heightened confidence of investors once the political scene becomes clearer.
However, the recent election results, in which the Move Forward Party (MFP) secured an unexpectedly high number of seats, led to a continued decline in the stock market. While some may attribute this decline to uncertainties surrounding the MFP's ability to form a government, as its leader Pita Limjaroenrat needs sufficient support from appointed senators or MPs from opposing parties to surpass the 376 parliamentary-vote threshold, the situation is more complex than meets the eye.
