SET Continues Downward, Dropping 23pts as the Analyst Expects Limited Downside
SET Continues Downward, Dropping 23pts as the Analyst Expects Limited Downside.
SET Continues Downward, Dropping 23pts as the Analyst Expects Limited Downside.
28 ม.ค. 2564

The Thai stock market continued downward in the afternoon session after closing 14.86 points or 0.99% lower in the morning session at 1,483.27 points.
 
As of 14:36 local time in Thailand, SET Index fell 23.72 points or 1.58% to 1,474.41 points with a trading value of 53.4 billion baht. The analyst stated that the decline in the Thai stock market followed the plummet in regional markets in a disappointment of not getting another stimulus plan from the Fed.
Meanwhile, the valuation started to tighten after a series of gains since the beginning of 2021. SET Index dropped below the support level of 1,492 points, reflecting a short-term rebase. However, the analyst expected limited downside to SET Index, giving another support level at 1,470 points.