Institutions Continue to Buoy the Market with a Net Buy of ฿2.6bn, Hiking SET by 20pts
The total value of buying and selling separated by the investor's type as of April 14, 2020.
– SET Index closed at 1,256.35 points, increased 19.57 points or 1.58% with a trading value of 76.4 billion baht. The analyst stated that the Thai stock market continued to recover from its earlier plummet in line with other regional markets as China reported a contraction on imports and exports, but still better than the market had anticipated.
The stable coronavirus infection cases gave positive sentiment to the market as well along with new regulations issued by the Stock Exchange of Thailand (SET) to prevent disruption from the coronavirus outbreak.
As for tomorrow’s session, the analyst expected a limited upside after series of rallies, giving a support level at 1,210-1,200 points and a resistance level at 1,280-1,290 points.
– Local Institutions continued to buoy the Thai stock market with a net buy of THB 2.6 billion.
