The upcoming general election is likely to stimulate consumption, with around 60-70 billion baht to be circulated within the country’s economy, enhancing the Thai stock market both one week before and one month after the polls, say analysts.
The Stock Exchange of Thailand (SET) is expected to rebound around the time of the election, which according to projections is expected to take place on May 7, based on an announcement made by the Office of the Election Commission (EC) of Thailand, according to Yuanta Securities.
