Thai stocks balloon as politics stabilisesStock market investment sentiment has turned upbeat, backed by the Election Commission's (EC) endorsement of new MPs from the Feb 8 poll and the 2026 GDP upgrade by the Bank of Thailand, causing the Thai index to surpass 1,500 points on Wednesday. "The Bhumjaithai Party has a super-majority in the new coalition government, making the new administration and Thai politics more stable," he said. Isara Ordeedolchest, deputy managing director and head of investment research at BBL Asset Management (BBLAM), said the recent publication of fourth-quarter financial data indicated the Thai economy had posted substantial growth, backed by domestic consumption, private investment and government spending. "The healthy GDP expansion indicates the Thai economy has good prospects in the medium and long term," he said. BBLAM increased its 2026 GDP growth forecast from 1.6% to a range of 1.9-2.1%, while its SET index outlook is 1,520 points, up from a previous forecast of 1,450 points, said Mr Isara.

Source: Bangkok Post February 25, 2026 23:35 UTC