Institutions and Foreigners Withdraw ฿3.4Bn from Thai Stocks, Plunging SET Index by 2pts
The total value of buying and selling separated by the investor's type as of July 12, 2021.
– SET Index closed at 1,549.84 points, decreased 2.25 points or 0.14% with a trading value of 75.4 billion baht. The analyst stated that the Thai stock market edged slightly lower and closed in a negative territory in the afternoon session due to the selling pressure from institutions and foreign investors to lower the risk amid Covi-19 situation concerns.
The analyst advised investors to monitor the banking sector earnings this week and the development of Covid-19 situation in Thailand, giving a support level at 1,535 points and a resistance level at 1,560 points.
– Local Investors and Foreign Investors sold 3.4 billion baht worth of Thai shares to plunge SET Index by 2.25 points.