Foreign Investors and Institutions Combines Net Sell of ฿4bn to Plunge SET by 19 Points
The total value of buying and selling separated by investor's type as of August 5, 2019.
– SET closed at 1,665.99 points, plunged 18.72 points or 1.11% with a trading value of THB 48.47 billion. The SET Index continued to close negatively for the third day. Currently, a big protest in Hong Kong has made over 200 flights being canceled and HSI fell 3% in the same direction as Asia market. Moreover, a decline in the Asia market might also due to a concern of the trade war between the U.S. and China which Trump has just announced to impose 10% tariffs on $300 billion China imports, starting from 1st September 2019.
– Foreign Investors and Institutions combined a net sell of THB 3.96 billion as the trade tension escalated, causing SET Index to plunge near 19 points.