Local Institutions and Prop Trade Sell THB5.5Bn of Thai Shares as SET Index Fall 22pts
The total value of buying and selling on September 20, 2021, categorized by the investor's type.
The total value of buying and selling on September 20, 2021, categorized by the investor's type.
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– SET Index closed at 1,603.06 points, decreased 22.59 points or 1.39% with a trading value of 85 billion baht. The analyst stated that the Thai stock market followed the negative sentiment in Asian, European and the U.S. markets over the Fed’s meeting, China’s Evergrande defaulting and the debt ceiling for Thailand from 60% to 70%.
The analyst expected SET Index to extend its decline in tomorrow’s session, breaking the 1,600 level, while giving a support level at 1,585 points and a resistance level at 1,610 points.
– Local Institutions and Proprietary Trading combined a huge selloff in the Thai market to plunge SET Index by 22.59 points.