Prop Trade Leads Institutions and Individuals in a Net Buy of ฿2.6Bn to Keep SET Higher
The total value of buying and selling separated by the investor's type as of December 17, 2020.
– SET Index closed at 1,483.89 points, increased 1.80 points or 0.12% with a trading value of 112 billion baht. The analyst stated that the Thai stock market received the fund inflow through the energy sector as the oil prices keep moving higher, while the U.S. inventory reported lower than expected.
Moreover, the market also received a positive factor from the Fed’s decision to continue using QE to support the economy.
The analyst expected the fund inflow to continue supporting the Thai stock market next year, giving a support level for tomorrow’s session at 1,480 points and a resistance level at 1,500 points.
– Foreign Investors made a net sell of 2.6 billion baht, but a buying pressure from Proprietary Trading, Local Institutions and Individuals still kept SET slightly higher.
