Institutions-Foreigners Buoy SET Index above 1,650pts with a THB1.4 Billion of Net Buy
The total value of buying and selling on November 18, 2021, categorized by the investor's type.
– SET Index closed at 1,651.02 points, increased 6.42 points or 0.39% with a trading value of 76.5 billion baht. The analyst stated that the Thai stock market edged higher as foreign markets were already priced in the sentiment of rising inflation and the fund inflow in the regional markets for the fifth straight day.
However, the overall outlook is still uncertain, which led investors to focus on stocks with unique positive factors, including laggard and 4Q recovery potential stocks. Strong Thai baht also helps mitigate negativity from a selloff in the energy sector.
The analyst expected SET Index to move in sideway-up trends in tomorrow’s session between 1,645-1,660 points.
– Local Institutions and Foreign Investors combined a 1.4 billion baht of net buy to buoy SET Index above 1,650pts.
