Buying Pressure from Individuals and Prop Trade Erase SET’s 30pts Deficit to only 3pts
The total value of buying and selling separated by the investor's type as of March 19, 2020.
– SET closed at 1,044.19 points, decreased 3.96 points or 0.38% with a trading value of 61.6 billion baht. The analyst stated that the SET Index performed better than other regional markets in today’s session after seeing European markets opened higher in hopes of ECB’s stimulus package.
The Thai market also expected a stimulus package from the Thai government to fight the outbreak of coronavirus that infected over 200 people with 1 casualty.
The analyst expected SET Index to continue moving sideways until further stimulus plans were announced.The support level for tomorrow’s session is 1,020-1,030 points and a resistance level is 1,050-1,060 points.
– Buying pressure from Individuals and Proprietary Trading pulled the SET Index up from a decline of 30pts to close slightly lower by 4pts.
