Foreigners Switch to Sell along with Institutions for ฿2.3bn amid Regional Plummet
The total value of buying and selling separated by investor's type as of July 08, 2019.
– SET Closed at 1,731.03 points, fell 0.20 points or 0.01% with a trading value of THB 57.31 billion. Today, Thai Market closed lower but still higher than the regional markets such as Nikkei (-0.98%), Shanghai (-2.58%), and HSI (-2.58%). According to the U.S. jobs report that announced last Friday, the number of American jobs presented 224,000 jobs which is higher than the expected number of 165,000 jobs. As a result, many analysts expected Fed to reconsider the interest rate cut of 25bps cut or none.
– Institutions and Foreign Investors net sold THB2,336.93 million while Individuals net bought THB1,860.03 million.