Institutions Continue to Buoy SET Index along with Individuals for ฿3.4Bn Net Buy
The total value of buying and selling separated by the investor's type as of April 23, 2020.
– SET Index closed at 1,272.53 points, increased 10.72 points or 0.85% with a trading value of 69.2 billion baht. The analyst stated that the rebound in the energy sector supported the market to close higher, while power generation stocks continued their gains as well.
The market had a positive sentiment on easing the partial lockdown after the number of coronavirus cases decelerated to between 10-30 cases per day. The market had already priced in this sentiment, but the sentiment could buoy the market further after the Thai Cabinet finally announced the new measures, which is expected to be by next week.
The analyst set a support level at 1,260-1,240 points and a resistance level at 1,275-1,280 points.
– Local Institutions continued to buoy the Thai stock market along with Individuals for a total net buy of 3.4 billion baht.
