Institutions-Prop Trade Combine a Net Buy of ฿2.4bn to Hike SET by 16 Points!
The total value of buying and selling separated by the investor's type as of February 12, 2020.
– SET closed at 1,539.84 points, increased 15.91 points or 1.04% with a trading value of 54.8 billion baht. The analyst stated that the Thai stock market continued its gain as investors shrugged off virus fear after new cases showed a slower sign. Investors’ attention now turned to the announcement of financial statements starting from this week. Meanwhile, the U.S. Federal Reserve also had a positive outlook on the U.S. economy as well, sending positive factors across equity markets.
The analyst suggested investing in energy, Telecom, banking and refinery-related sectors with a support level at 1,530 and a resistance level at 1,550.
– Local Institutions and Proprietary Trading combined a net buy of 2.4 billion baht, shrugged off coronavirus fear.
