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Bangkok Post
Bangkok Post
Business

FOUND: New house speaker propels thai stocks - What They Never Told You

An electronic board displays live market data at a broker's office in Bangkok. (Photo: Reuters)

The Stock Exchange of Thailand (SET) rebounded modestly on Tuesday as investors hailed the selection of a House speaker as a breakthrough in the political impasse, ahead of the parliamentary vote for a new prime minister later this month.

The SET index opened lower on Tuesday, but moved up to positive territory after Wan Muhamad Noor Matha of the Prachachat Party was named as speaker of the newly elected House of Representatives.

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