The SET moved up throughout the month of July despite some political turmoil as a new coalition government struggled to take shape.
The first half of July featured uncertainty ahead of the first round of voting for prime minister, with Move Forward Party leader Pita Limjaroenrat failing to secure a majority on July 13. After parliament voted against considering his nomination a second time on July 19, Move Forward passed on the task of setting up and leading a new coalition government to the Pheu Thai Party.
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