Prop Trade and Local Institutions Combine a ฿1.5Bn of Net Buy to Buoy SET Index by 12pts
The total value of buying and selling separated by the investor's type as of July 6, 2021.
– SET Index closed at 1,591.43 points, increased 12.15 points or 0.77% with a trading value of 69.4 billion baht. The analyst stated that the Thai stock market closed higher from the support of the energy sector on a spike in oil prices after OPEC+ failed to reach an agreement for production policy yesterday.
Meanwhile, the construction and services also supported the market in the afternoon session after the Thai cabinet agreed on the relief measures to proceed with some of the construction works. The electronic parts also edged higher in today’s session as well, which resulted in an overall outlook to perform better.
The analyst estimated a support level for tomorrow’s session at 1,580 points and a resistance level at 1,600 points, while recommending investors to monitor the Covid-19 situation in Thailand.
– Proprietary Trading led the market in net buy, buoying SET Index higher by 12 points.
