Institutions Hit the Market with ฿4.5bn Selloff, Plunging SET to Close 16pts Lower
The total value of buying and selling separated by investor's type as of November 11, 2019.
– SET closed at 1,622.12 points, decreased 15.73 points or 0.96% with a trading value of 43.7 billion baht. The analyst stated that the sudden change of pace was due to the statement from the U.S. President Donald Trump last Friday which denied China’s earlier statement on the agreement to rollback tariffs, causing worries and concerns to the market not just in Thailand but also the regional market as well.
Meanwhile, the tension in Hong Kong also escalated after protestors were reportedly shot by the police’s live round.
– Local Institutions plunged the market with a huge selloff totaling ฿4.5bn while Individuals scooped shares at a lower price for ฿2.7bn.
