A THB2.3 Billion of Net Buy from Institutions Sends SET Index Higher by 18pts
The total value of buying and selling separated by the investor's type as of August 9, 2021.
– SET Index closed at 1,540.19 points, increased 18.47 points or 1.21% with a trading value of 69.8 billion baht. The analyst stated that the Thai stock market closed higher in hopes of a better Covid-19 outlook as the recovery rate edged higher to equal with the new infection rate that dropped slightly below 20,000 cases.
The anticipation of a better situation resulted in a buying pressure on the reopening theme such as AOT and CRC, as well as the banking sector.
In addition, the analyst expected a limited upside in SET Index after today’s surge and the political gathering tomorrow, giving a support level at 1,530 points and a resistance level at 1,547-1,550 points.
– A 2.3 billion baht of net buy from Local Institutions sent SET Index to close higher by 18.47 points.
