Although prolonged political uncertainty has been weighing on the stock market, brokers share a positive view of Pheu Thai Party’s leadership role in forming the new government as the party has policies to drive the economy and investment through capital markets, benefitting large-cap stocks.
The Stock Exchange of Thailand (SET) index fell by 1.37% on Thursday after the Constitutional Court postponed its ruling on prime minister nominations to Aug 16. As a result, House Speaker Wan Muhamad Noor Matha indefinitely postponed…