Institutions and Prop Trade Sell the Rips for ฿3.3 Billion to Lower SET by 11 Points
The total value of buying and selling separated by investor's type as of July 30, 2019.
– SET closed at 1,706.49 points, fell 11.48 points or 0.67% with a trading value of THB 55.57 billion. SET Index closed in negative territory. Investors have sold some of the Thai shares, leading by SCC after presenting a decline of 2Q19 financial statement. Moreover, investors also worried about the petrochemical and refinery sectors to present a negative result of the financial statement. The analyst recommends keeping an eye on Fed meeting whether there will be a rate cut as expected or not and launching of the U.S. quantitative easing.
– Institutions and Proprietary Trading combined to net sold of THB 3,345.30 million while Foreign Investors and Individuals net bought in a total of THB 3,345.29 million.