Individuals and Prop Trade Continue to Net Buy Thai Stocks Worth ฿2.4bn
The total value of buying and selling separated by the investor's type as of April 10, 2020.
The total value of buying and selling separated by the investor's type as of April 10, 2020.
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– SET Index closed at 1,228.03 points, increased 17.55 points or 1.45% with a trading value of 53.7 billion baht. The analyst stated that the Thai stock market moved narrowly with considerably low trading value compared to the previous days.
The market was supported by retail stocks, ICT and power generator related stocks in anticipation of reaching the peak of the coronavirus outbreak soon. Moreover, the aid packages from the government were expected to be able to offset the severity of the outbreak.
The analyst expected that the market could continue its gain next week and suggested to keep a close eye on the outcome of the G20 meeting on oil production, Thai exports/imports data and care sales.
The support level for next week is 1,200-1,162 points and resistance level at 1,250 points.
– Local Individuals and Proprietary Trading continued their buying streak for the second day with a net buy of 2.4 billion baht.