Foreign Investors Withdraw THB2.6 Billion from Thai Market, Plunging SET Index by 7.5pts
The total value of buying and selling separated by the investor's type as of July 23, 2021.
– SET Index closed at 1,537.63 points, decreased 7.47 points or 0.48% with a trading value of 70.2 billion baht. The analyst stated that the Thai stock market closed lower due to the uncontrollable Covid-19 outbreak, posting as a downside risk to the 3Q21 performance, coupled with the upcoming holiday, resulting in a low trading volume.
The analyst advised investors to monitor the earnings season of U.S. tech stocks and the FOMC meeting on 27-28 July, while expecting SET Index to continue moving in sideways trends on Thursday with a support level at 1,530-1,515 points and a resistance level at 1.550 points.
– Foreign Investors withdrew 2.6 billion baht from the Thai stock market, plunging SET Index by 7.5pts.
