Institutions Buoy SET 17pts with ฿3.3bn Net Buy, Individuals Take the Opportunity to Sell

The total value of buying and selling separated by investor's type as of November 7, 2019.


SET closed at 1,640.88 points, jumped 16.89 points or 1.04% with a trading value of 59 billion baht. The analyst stated that SET Index rebounded from a slight loss in the morning session to gain nearly 17 points late afternoon due to the trade optimism on phased removal of import duties between the U.S. and China, according to the statement from the Chinese Commerce Ministry spokesperson Gao Feng.

Tomorrow’s session is expected to continue the hike, though could be limited. The analyst gave a support level at 1,630 points and the resistance level at 1,652 – 1,657 points.

Institutions net bought Thai stocks to buoy the market by 17 points with a total of ฿3.3bn.

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