Institutions Panic over Coronavirus Outbreak, Pouring ฿6.87bn to Seek Safer Assets

The total value of buying and selling separated by the investor's type as of January 21, 2020.


SET closed at 1,574.94 points, fell 14.17 points or 0.89% with a trading value of 76.6 billion baht. The analyst stated that the plummet in today’s session was due to various factors both from domestic and international such as the coronavirus, economic growth cut by IMF to 3.3%, and the FY2020 government budget that could be delayed from an investigation on the voting approval.

The analyst expected tomorrow’s session to be similar, setting a support level at 1,560 points and a resistance level at 1,580-1,590 points.

Local Institutions plunged SET Index by 14 points after pouring 6.87 billion baht worth of Thai shares back to the market amid concerns of coronavirus outbreak.

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