SET Soars 40pts as Local Institutions Buoy the Market with a ฿8,888 Million Net Buy
The total value of buying and selling separated by the investor's type as of March 3, 2020.
– SET closed at 1,375.02 points, increased 39.30 points or 2.94% with a trading value of 70 billion baht. The analyst stated that the Thai stock markets made a huge jumped, in line with the regional markets’ movement in hopes of global central banks to issue new measurements as fears over economic plummet from coronavirus mounted.
The analyst expected the SET Index would continue its gain on March 4, setting a support level at 1,360 points and a resistance level at 1,380-1,385 points.
– Local Institutions buoyed the market with a net buy of 8,888 million baht amid hopes of central banks remedial measurements to counter impact from coronavirus.