Foreign Investment Expected to Flow After Election, Boosting Thai Stock Index Above 1,350 Points

TISCO Securities predicts foreign capital will flow in after the election, supporting a short-term rise in the Thai stock market above 1,350 points following political clarity and expects a positive market response. Apichat Panbajidkul, Senior Director of Strategic Analysis at TISCO Securities, revealed that after the election, the political situation is expected to become clear, with a new government likely to be formed quickly. Historical statistics indicate the SET Index typically generates a positive return of 1.2% to 2.3% in the 2-4 weeks following an election, with a 67-80% chance of improvement. Industries expected to perform well include finance, media, property, and consumer sectors. Foreign investment has shown positive signals, with net purchases for two consecutive months - the first time in three years. Factors such as uncertainties surrounding Trump and a weakened US dollar are expected to support capital inflows into Asian markets, potentially directing funds towards Thai stocks.