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Banking, industrial estate, entertainment and communication sectors are also expected to get indirect advantages as investor confidence recovers.

"The People Power Party's economic team, led by Mingkwan [Saengsuwan], would continue the former Thai Rak Thai's policies and mix the major policies of each party. The policies would focus on investment in mass-transit development, tourism and hospitals," Siam City Securities (SCIBS) said in a report.

According to SCIBS, the People Power Party would possibly continue Thai Rak Thai's policy to promote Thailand as a medical centre. This would lead to lower treatment costs compared with other hospitals in the region.

It recommends investors to hold Bumrungrad Hospital and Bangkok Dusit Medical Services.

The brokerage house believes promotional strategies to boost tourism will be revised, which should increase the number of visitor arrivals. In this case, Minor International and The Erawan Group would gain.

Improved political confidence would contribute to economic recovery from new investment and real-estate projects. As a result, bank lending would continue to increase as the risk of bad debts would be less likely due to tightening supervision under Basel II requirements. This would boost the banking industry.

SCIBS recommends investors buy Kasikornbank and Bank of Ayudhya and has a positive outlook on Siam Commercial Bank.

The company projects that People Power would carry on the "Detroit of Asia" policy and liberalise investment for foreigners. Industrial-estate operators like Rojana and Amata would therefore benefit from rising demand in Board of Investment-promoted areas.

Rising consumption would boost advertising by producers of consumer products, which would have a positive impact on BEC and MCOT stocks, it said.

Anoma Srisukkasem, The Nation