Foreigners and Prop Trade Buoy SET Index by 14pts as Individuals Take Profit in a Selloff
The total value of buying and selling on October 7, 2021, categorized by the investor's type.
– SET Index closed at 1,633.72 points, increased 14.24 points or 0.88% with a trading value of 100 billion baht. The analyst stated that the Thai stock market moved higher on a positive sentiment overseas while concerns over the U.S. debt ceiling relaxed, resulting in a surge in the global market.
The banking sector and domestic play led the Thai stock market today after the Consumer Confidence Index rose for the first time in 7 months.
In addition, the analyst expected SET Index to slow down in tomorrow’s session after today’s gain, giving a support level at 1,630 points and a resistance level at 1,640 points.
– Foreign Investors and Proprietary Trading pushed SET Index higher by 14 points amid a profit taking from Individuals by 5.1 billion baht.
