Local Institutions Buoy SET Index by 12pts with a Net Buy over 1,000 Million Baht
The total value of buying and selling separated by the investor's type as of June 29, 2021.
– SET Index closed at 1,591.43 points, increased 12.26 points or 0.78% with a trading value of 79 billion baht. The analyst stated that the Thai stock market rebounded in today’s session after pricing in the negative sentiment on the lockdown restrictions, and the remedial measures for those affected by the lockdown also helped lift the Thai stock market as well.
Meanwhile, the market lacked new catalysts as seen from low trading value in the past few days due to the prolonged Covid-19 situation.
The analyst recommended investors to monitor the upcoming OPEC meeting on July 1, 2021, while expecting the Thai stock market to remain quiet until finding a new catalyst, giving a support level at 1,570 points and a resistance level at 1,600 points.
– Local Institutions buoyed SET Index by 12 points with a 1,084 million baht of net buy.
