Foreigners and Individuals Combine a ฿685Mn Selloff to Plunge SET Index by 3.5pts
The total value of buying and selling separated by the investor's type as of June 14, 2021.
– SET Index closed at 1,633.06 points, decreased 3.50 points or 0.21% with a trading value of 85.1 billion baht. The analyst stated that the Thai stock market moved narrowly in today’s session without positive catalysts to drive the market. Meanwhile, investors were focusing on the upcoming Fed’s meeting this week in concerns of the slowdown in QE, causing a withdrawal from big-cap stocks and switching to mid and small-cap stocks with individual positive factors instead. Stocks that outperformed faced profit taking.
In addition, the analyst expected SET Index to edge higher with a support level at 1,625 points and a resistance level at 1,650-1,680 points.
– Foreign Investors and Individuals combined a 685 million baht of net sell to plunge SET Index by 3.50 points.
