A ฿1.3Bn Selloff from Foreign Investors Pressure SET to Close Slightly Lower
The total value of buying and selling separated by the investor's type as of June 2, 2021.
The total value of buying and selling separated by the investor's type as of June 2, 2021.
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– SET Index closed at 1,617.55 points, decreased 1.04 points or 0.06% with a trading value of 101 billion baht. The analyst stated that the Thai stock market slowed down after a huge gain in yesterday’s session.
The momentum in the Thai stock market remained positive, but the plummet was mainly due to the pressure from the banking sector, led by KBANK from the delist of MSCI Global Standard Indexes.
In the meantime, the market remained positive in anticipation of vaccine rollout that could create more momentum if the distribution continued as planned.
The Thai stock market will be closed tomorrow on a holiday, the analyst expected SET Index to move sideways on Friday with a support level at 1,600 points and a resistance level at 1,630 points.
– Foreign Investors withdrew 1.3 billion baht from the Thai market, causing the SET Index to close slightly lower on Wednesday.
 
 