A ฿2.2Bn Net Buy from Individuals Keep SET Slightly Above as Investors Await US Stimulus
The total value of buying and selling separated by the investor's type as of February 4, 2021.
– SET Index closed at 1,482.98 points, increased 1.23 points or 0.08% with a trading value of 77.8 billion baht. The analyst stated that the buying pressure in the afternoon buoyed SET Index to close higher, while investors are waiting to see the progress of the U.S. economic stimulus plan, which was expected to come out in a few days, thus, investors were cautiously trading stocks, resulting in a quiet session in Thailand as well.
The banking sector continued to drive the market in response to the announcement of MPC to maintain policy rate, while the rising in oil prices supported the energy stocks to another gain. However, profit-taking in power-generator stocks limited SET Index upside.
As for tomorrow’s session, the analyst expected SET Index to continue moving in sideway trends, giving a support level at 1,470 points and a resistance level at 1,495 points.
– A 2.2 billion baht of net buy from Individuals keep SET Index slightly higher on Thursday.
