Foreigners and Individuals Agree on a ฿1.2bn Selloff to Plunge SET by 9 Points
The total value of buying and selling separated by investor's type as of November 1, 2019.
– SET closed at 1,592.52 points, declined 8.97 points or 0.56% with a trading value of 48.4 billion baht. The analyst stated that the SET Index closed in the opposite direction of regional markets mainly due to the plummet of JAS, caused by Block Trade, sending negative sentiment to other stocks in the market.
Moreover, the index was still in a downside after unable to break through the resistance level at 1,605 points. The analyst recommended to keep a close eye on the trade deal, economic data, MPC’s meeting and MSCI rebalancing.
– Foreign Investors and Individuals poured ฿1.2bn back to the market, plunging SET Index by 9 points.
