Individuals Buy the Dips amid THB2.4 Billion Selloff from Foreign Investors
The total value of buying and selling on October 27, 2021, categorized by the investor's type.
– SET Index closed at 1,627.61 points, decreased 8.36 points or 0.51% with a trading value of 69.3 billion baht. The analyst stated that a decline in the Thai stock market was in line with other regional markets that contracted around 0.5% while looking for new drivers. The analyst expected Local Institutions to continue adjusting their portfolio prior to the earnings announcement. 3Q21 earnings should slow down and gradually recover in 4Q.
The analyst gave a support level for tomorrow’s session at 1,625-1,630 points and a resistance level at 1,640-1,650 points.
– Individuals bought the dips after Foreign Investors plunged SET Index by 8 points with a 2.4 billion baht of net sell.
