A Profit Taking from Individuals-Prop Trade Worth ฿1.6Bn Nearly Plunge SET to Close Lower
The total value of buying and selling separated by the investor's type as of July 7, 2020.
The total value of buying and selling separated by the investor's type as of July 7, 2020.
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– SET Index closed at 1,373.22 points, increased 0.95 points or 0.07% with a trading value of 81.8 billion baht. The analyst stated that the Thai stock market started to decline in the afternoon after seeing European markets opened with a loss.
Even with a positive morning session, the regional markets continued to decline with only SSEC to post a gain. Meanwhile, the European markets opened lower as German industrial production data came in lower than expected and European Commission further cut European GDP from 7.4% contraction to 8.3%.
Moreover, the death toll at the U.S. stateside reached 130,000 and the confirmed cases were nearly 3 million as the Greater Miami area became its new coronavirus hotspots.
The analyst expected tomorrow’s session to trade narrowly with a support level at 1,370-1,365 points and a resistance level at 1,380 points.
– A selloff worth 1.3 billion baht from Individuals and 284 million baht from Proprietary Trading caused SET Index to close slightly higher by 1 point.