A ฿2.5Bn of Net Sell from Foreigners, Prop Trade and Institutions Plunge SET by 6pts
The total value of buying and selling separated by the investor's type as of August 6, 2021.
– SET Index closed at 1,521.72 points, decreased 5.94 points or 0.39% with a trading value of 82.6 billion baht. The analyst stated that the volatility in the Thai stock market was due to the severeness of Covid-19 situation in Thailand, while being the last trading day of the week, causing investors to sell to lower the unforeseen risk during the weekend.
However, some stocks started to have attractive valuations after the plummet in the Thai stock market.
The analyst recommended investors to monitor the 2Q21 earnings season and the Covid-19 situation, giving a support level for next week at 1,500 points and a resistance level at 1,550 points.
– Foreign Investors, Prop Trade and Institutions plunged SET Index by 6pts with a combined 2.5 billion baht of net sell.
