Foreigners Join Institutions and Prop Trade to Plunge SET by 7.3pts with a ฿2.1Bn Selloff
The total value of buying and selling separated by the investor's type as of August 3, 2020.
– SET Index closed at 1,321.23 points, decreased 7.30 points or 0.55% with a trading value of 54.7 million baht. The analyst stated that most of the regional markets moved in negative territories as the market lacked the drive. Meanwhile, the uncertainties between the U.S. and China, and increasing coronavirus cases that recently topped 18 million still putting weight on investors’ sentiment.
The analyst suggested investors wait for Thailand’s monetary policy meeting on Wednesday and the announcement of list-company earnings.
The support level for tomorrow’s session is 1,310-1,300 points and a resistance level is 1,320-1,340 points.
– Foreign Investors led Local Investors and Proprietary Trading in a selloff worth 2.1 billion baht to plunge SET Index by 7.3 points.
