Analysts are optimistic about Thailand’s stock market, especially in retail, food, beverage, and tourism sectors, as the new government plans to revive the “Khon La Khrueng” co-payment scheme to boost consumption and household spending.
Prime Minister Anutin Charnvirakul prioritized economic recovery and social stability, with the scheme expected to support short-term growth.
Daol Securities and Asia Plus Securities (ASPS) predict the scheme will benefit consumer-related sectors, with ASPS noting its cost-efficiency and quick implementation potential. Key stocks include CP All, Krung Thai Bank, BJC, and food companies like SAPPE and Thai Union.
The policy could provide a meaningful Q4 boost and improve market sentiment, though further details on beneficiaries remain essential.