The Move Forward Party (MFP) leader’s shareholding case prompts fluctuations in the Thai stock market. The Exchange Commission (EC) yesterday referred Pita Limjaroenrat’s iTV shareholding case to the Constitutional Court for resolution, sending ripples through the stock market.
Suspicions regarding Pita’s iTV shareholding led the EC to propose he ceases all MP duties immediately, pending court deliberation in the following three days. This proposal fell a day before the appointment of the new prime minister, creating a sense of unease in an already sensitive market.
Early fluctuations saw the Stock Exchange of Thailand (SET) index incrementally increase by 10 points to 1,507.91. This shift in the market reflects the public sentiment towards the MFP and their policies,…
