SET Sinks to the Dept, Local/Proprietary/Foreign Combine ฿59.6bln Selloff

Local institutions, propreitary trading and foreign investors were all worry of the Chinese’s reserve requirement cut that also caused SSCE to plunged today, and combine a hugh selloff at  5.9 billion baht in value.

SET sank 24.30 points or 1.41% to close at 1,696.22 points with 59.6 billion baht in total value. Mainly, caused by Chinese stock plummeted when central bank announced to cut reserve requirement.