Foreigners Return with a THB7.5 Billion of Net Buy, Keeping SET Index Higher by 4pts
The total value of buying and selling on September 8, 2021, categorized by the investor's type.
The total value of buying and selling on September 8, 2021, categorized by the investor's type.
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– SET Index closed at 1,640.45 points, increased 4.00 points or 0.24% with a trading value of 89.9 billion baht. The analyst stated that the volatility in the Thai stock market was due to a lack of positive drivers after a spike by more than 100 index points, while being pressured by weakened Thai baht.
The analyst recommended investors to keep an eye on the ECB meeting tomorrow with a possibility of lowering QE, while expecting an appreciation in dollars and U.S. bond yield.
In addition, the analyst expected SET Index to move sideways ahead of the ECB meeting, giving a support level at 1,625 points and a resistance level at 1,650 points.
– Foreign Investors returned with a 7.5 billion baht of net buy to buoy SET Index higher by 4pts.