Institutions and Prop Trade Combine a Net Buy of ฿10bn, Buoying SET to Hike 83pts
The total value of buying and selling separated by the investor's type as of March 20, 2020.
– SET closed at 1,127.24 points, increased 83.05 points or 7.95% with a trading value of 93 billion baht. The analyst stated that the SET Index made a technical rebound after a hard fall this week, supported by the stimulus plans from central banks in other countries.
The analyst suggested investors to wait and see the announcement of the Monetary Policy Committee on March 25 regarding the policy rate.
The support level for next week’s sessions is 1,040 and the resistance level is 1,156-1,180 points.
– Local Institutions and Proprietary Trading buoyed SET Index by 83pts with a ฿10bn of net buy.
