Individuals Take Profit with a ฿1.6Bn Selloff amid a Slight Gain in SET Index by 2.5pts
The total value of buying and selling separated by the investor's type as of June 16, 2021.
– SET Index closed at 1,624.79 points, increased 2.48 points or 0.15% with a trading value of 90.4 billion baht. The analyst stated that the Thai stock market moved in sideways trends, but still being buoyed by the energy sector due to the rising oil prices.
The analyst advised investors to monitor the Fed’s meeting, but expected that there would be so significant change and the rising inflation would be temporary. The main focus would be the next meeting to be held next month.
In addition, the analyst expected the Thai stock market to continue moving in sideways trends, giving a support level at 1,610 points and a resistance level at 1,630 points.
– Individuals took profit with a 1.6 billion baht selloff as SET Index closed 2.5pts higher.