Institutions Withdraw ฿1.8Bn from Thai Market as SET Index Goes on a 6-Day Losing Streak
The total value of buying and selling separated by the investor's type as of June 24, 2021.
The total value of buying and selling separated by the investor's type as of June 24, 2021.
24 มิ.ย. 2564


– SET Index closed at 1,585.72 points, decreased 6.36 points or 0.40% with a trading value of 83 billion baht. The analyst stated that the Thai stock market had a weaker performance compared to other markets in the region due to concerns over Covid-19 cases that remained high in the country, which might lead to another lockdown after there were some calls requesting to impose a lockdown restriction in certain areas.
The political gathering also reflected negative sentiment, but only a small impact compared to the Covid-19.
The analyst stated that there could be a technical rebound in the Thai stock market in tomorrow’s session, but the gain would be limited as fund flows are still seeking more return elsewhere. The analyst estimated a support level at 1,570 points and a resistance level at 1,590-1,600 points.
– Local Institutions continued on a 4th day of selling streak, withdrawing 1.8 billion baht from the Thai stock market and causing SET Index to drop 6 points. Meanwhile, SET Index was on a 6-day losing streak.