A Two-Day Buying Streak from Institutions for Another ฿3.8bn Buoy SET by 1.65pts
The total value of buying and selling separated by the investor's type as of February 6, 2020.
The total value of buying and selling separated by the investor's type as of February 6, 2020.
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– SET closed at 1,535.79 points, increased 1.65 points or 0.11% with a trading value of 69.3 billion baht. The analyst stated that the stock markets had positive sentiment from the announcement that China would halve US tariffs worth $75 billion to advance the healthy and stable development of China-U.S. trade.
Meanwhile, fear over coronavirus started to abate after the Chinese government made a prompt act in trying to limit the outbreak while the number of people that recovered from the virus started to increase.
The analyst suggested investors to keep a close eye on the development of coronavirus as some institutions claimed to have found a vaccine which could be a major factor to buoy the market in the near term.
– Local Institutions made a two-day buying streak for another 3.8 billion baht as the global started to abate worries over coronavirus.