Institutions Make a Buying-Solo Session, Sending SET Index to Surge above 1,600!
The total value of buying and selling separated by the investor's type as of January 17, 2020.
– SET closed at 1,600.48 points, increased 4.61 points or 0.29% with a trading value of 61 billion baht. The analyst stated that the SET Index moved in line with regional markets and European markets after all tensions such as the US-China trade deal, US-Iran were eased. Meanwhile, a signal indicated that the world economy has started to recover.
However, the announcement of the banking sector’s financial statement must be watched closely. Moreover, investors might slowdown their investment or sell some portions of their portfolio to make room for the upcoming big cap stock, CRC.
The analyst set a support level for next week’s session at 1,593 points and a resistance level at 1,620-1,650 points.
– Local Institutions Make a buying-solo session with 2.6 billion baht to, sending SET Index to reach 1,600 points.
