SET Outperforms Regional Markets as Institutions Continue to Buoy SET with ฿3.5Bn Net Buy
The total value of buying and selling separated by the investor's type as of May 12, 2020.
– SET Index closed at 1,299.69 points, increased 12.39 points or 0.96% with a trading value of 59.3 billion baht. The analyst stated that the Thai stock market had positive sentiment from the phase 2 lockdown easing after new cases of coronavirus were maintained at a lower level.
Moreover, the market was buoyed by the energy sector after Saudi Arabia voluntarily cut its production by an additional 1 million barrels per day in order to stabilize global oil market amid lower demand during the coronavirus outbreak.
The analyst expected the market to swing sideways in tomorrow’s session between 1,280-1,310 points.
– Local Investors made a buying streak for another 3,000 million baht of Thai shares.
