Foreigners Plunge SET Index by 9pts with a Selloff Worth ฿2.1Bn!
The total value of buying and selling separated by the investor's type as of September 17, 2020.
– SET Index closed at 1,284.40 points, decreased 9.08 points or 0.70% with a trading value of 46 billion baht. The analyst stated that the Thai stock market halted its rally after a two-day rise, but the decline in today’s session was better than the regional markets that closed around 1% lower, while Dow Jones Future also slipped prior to the opening as well.
The decline came after the Fed expected to maintain its policy rate until 2023, which was longer than the market had anticipated. Meanwhile, the political issue is still the main factor to drive or halt the market.
The analyst expected the uncertainties in political issues would continue to hold the market down, giving a support level at 1,274 points and a resistance level at 1,287 points.
– Foreign Investors plunged SET Index by 9 points with a selloff of 2.1 billion baht.
