Foreigners Return with a THB7.5 Billion of Net Buy, Keeping SET Index Higher by 4pts
The total value of buying and selling on September 8, 2021, categorized by the investor's type.
– SET Index closed at 1,640.45 points, increased 4.00 points or 0.24% with a trading value of 89.9 billion baht. The analyst stated that the volatility in the Thai stock market was due to a lack of positive drivers after a spike by more than 100 index points, while being pressured by weakened Thai baht.
The analyst recommended investors to keep an eye on the ECB meeting tomorrow with a possibility of lowering QE, while expecting an appreciation in dollars and U.S. bond yield.
In addition, the analyst expected SET Index to move sideways ahead of the ECB meeting, giving a support level at 1,625 points and a resistance level at 1,650 points.
– Foreign Investors returned with a 7.5 billion baht of net buy to buoy SET Index higher by 4pts.
