Election volatility to hit Thai stock marketListen to this articleThailand's stock market is likely to face a volatile year in 2026 as political uncertainty surrounds the upcoming general election, raising concerns over a potential policy vacuum that would weigh on economic momentum and investor sentiment, according to Bualuang Securities (BLS). Thailand's return to campaign season is likely to generate short-term market fluctuations, said Piriyapon Kongvanich, a strategist at BLS. BLS noted political uncertainty is expected to weaken fiscal stimulus, which currently serves as the main engine of Thailand's economic growth. For the equity market, the brokerage maintains its SET index target of 1,440 points for 2026 under the base-case scenario. The Thai bourse is expected to remain under pressure during the first half of 2026 due to weak economic data caused by the policy gap.

Source: Bangkok Post December 25, 2025 13:03 UTC