Thai markets rally after conservatives clinch surprise election win
Result offers hope of a breakthrough after decades of political instability
Result offers hope of a breakthrough after decades of political instability

Bhumjaithai party led by prime minister emerges in strong position as progressive People’s party concedes defeat

Royalist-military establishment has blocked past victors taking power despite public support for reform

Strong majority for Anutin Charnvirakul could bring political stability to south-east Asia’s second-largest economy

Despite the gloom over Trump trade war fallout, assets in developing economies are showing strong gains

Prospects are improving more than the dim consensus of economic forecasts

Stocks rally more than 3% as investors hope ruling will ease political tension in country