Institutions Join Foreigners for a Net Buy of ฿2.3bn, Sending SET Skyrocket by 10pts
The total value of buying and selling separated by investor's type as of October 30, 2019.
– SET Index closed at 1,601.83 points, increased 10.62 points or 0.67% with a trading value of 66.4 billion baht. The analyst stated that the market had a short fluctuation before the announcement of the FOMC meeting that economists gave a 95% chance a rate cut would occur but still need to see the signal for the next rate cut as well.
The Thai stock market was a technical rebound after a selloff from the stocks related to the power plant business then buys the dips on the outperform stocks such as the banking sectors which led to a rebound today.
– Institutions made a buyback to buoy the SET by 10.62 points with a net buy of ฿1.8bn.
