Individuals Make a Buying-Solo for ฿4.1Bn to Buoy SET by 8pts in Hopes of Easing Lockdown
The total value of buying and selling separated by the investor's type as of April 27, 2020.
– SET Index closed at 1,267.41 points, increased 8.63 points or 0.69% with a trading value of 49.5 billion baht. The analyst stated that the Thai stock market swung sideways up in the same direction of global stock markets. The surge in regional markets came both before and after the approval of BOJ’s QE, which later reflected positive sentiment to other stock markets.
Moreover, the market still hopes for easing the partial lockdown, which would require an approval from the Thai Cabinet in the meeting tomorrow.
The analyst recommended monitoring the ECB and Fed’s meeting this week, and also the earnings announcement from HMPRO, PTTEP, SCC and DELTA this week as well.
Tomorrow’s session is expected to swing sideways with a support level at 1,240 point and a resistance level at 1,280 points.
– Local Individuals made a solo-buy session with a total trading value of 4.1 billion baht.