Individuals Return with a ฿4Bn Net Buy to Buoy SET by 3.75pts from Foreigners’ Selloff
The total value of buying and selling separated by the investor's type as of December 9, 2020.
– SET Index closed at 1,482.67 points, increased 3.75 points or 0.25% with a trading value of 123 billion baht. The analyst stated that the Thai stock market was unable to break the resistance level at 1,500 points due to the profit-taking after an outstanding gain in the past few weeks, thus, warned of market rebasing and to be more cautious in the investment as the hike might not be as fast as it used to be.
In addition, the analyst stated that the overall outlook would remain positive as long as the market maintained above the support level at 1,450 points, while giving a resistance level for next week’s session at 1,486-1,500 points.
– Individuals returned to invest in Thai stocks, buoying SET Index by 3.75pts with a THB4,084 million of net buy.