Institutions and Individuals Buoy the Market with ฿4,000mn Net Buy amid Global Plummet
The total value of buying and selling separated by the investor's type as of March 18, 2020.
– SET closed at 1,048.15 points, increased 12.98 points or 1.25% with a trading value of 59.1 billion baht. The analyst stated that the SET Index moved in the opposite direction of global markets from buying pressures due to low valuation after a plummet in yesterday’s session while Wall Street rose 5-6% over the night.
Moreover, the new measures for limiting the ceiling and floor as well as new measures for the circuit breaker had eased the market from worrying about a hard sell.
The analyst expected the SET Index to continue its climb, but the increase could be limited from no positive factor to buoy the market.
– Local Institutions and Individuals combined a net buy of THB 4,000 million, buoying the market by 13pts.
