Foreigners and Prop Trade Combine a ฿3.3Bn Selloff, Dragging SET Down by 20pts
The total value of buying and selling separated by the investor's type as of July 22, 2020.
– SET Index closed at 1,357.04 points, decreased 19.96 points or 1.45% with a trading value of 63.8 billion baht. The analyst stated that the Thai stock closed in the same direction as global markets in response to the escalated tension between the U.S. and China after the Trump Administration ordered the Chinese Consulate in Houston without giving any further information regarding the matter.
Meanwhile, Thai was also at risk of being added in the U.S. watchlist in currency manipulation, according to UBS Group.
The analyst expected a sideways trends and sideways-down trends for tomorrow’s session with a support level at 1,340-1,330 points and a resistance level at 1,373 points.
– Foreign Investors and Proprietary Trading combine a 3.3 billion baht selloff, dragging SET Index down by 20 points.
