Individuals Buy the Rips for ฿2.29bn after Institutions’ Exit on Thai Market
The total value of buying and selling separated by investor's type as of September 20, 2019.
The total value of buying and selling separated by investor's type as of September 20, 2019.
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– SET closed at 1,636.20 points, decreased 4.46 points or 0.27% with a trading value of 68.4 billion baht. An analyst from KT Zmico saw today’s session as a technical downtrend after plunging lower than 1,660 points and then 1,640 points along with a plummet of exports and imports data that were worse than the estimation. Ministry of Commerce said that the decline was due to the worry on the U.S.-China trade war and the global economic slowdown.
Nevertheless, investors are recommended to keep a close eye on the upcoming trade talks between the U.S. and China as well as the MPC meeting next week.
– Individual Investors invested 2.29 billion baht to buy the rips while Institutions continued their selloff for another 1.32 billion baht.