The new coalition government led by the Move Forward Party is expected to have a positive impact on retail, banking, and tourism stocks, as per analysts. The party’s policies aim to enhance the economy’s efficiency by reducing monopolies and increasing welfare for all, says Asia Plus Securities (ASPS). The sectors likely to benefit from these policies include retail, tourism, transport, electronics, banking, and hospitals. However, hotel, restaurant, energy, leasing, and construction sectors may not fare as well under the party’s policy direction.
“Sectors that should benefit from the policies of the Move Forward Party are retail, tourism, transport, electronics, banking, and hospitals,” stated ASPS, with beneficiaries including Central Pattana (CPN), Home Product Center (HMPRO), COM 7, Srinanaporn Marketing (SNNP), KCE Electronics (KCE),…
