Individuals and Prop Trade Combine a Total Net Buy of Nearly ฿1Bn to Buoy SET by 7pts
The total value of buying and selling separated by the investor's type as of April 29, 2020.
– SET Index closed at 1,282.68 points, increased 7.69 points or 0.60% with a trading value of 49.1 billion baht. The analyst stated that the Thai stock market moved in the same direction of regional markets and European markets upon the anticipation of the U.S. FOMC to maintain its policy rate at a lower level. Meanwhile, the Thai market still had no positive factor to support the market.
The analyst suggested investors to follow the announcement of U.S. 1Q GDP, while setting a support level for tomorrow’s session at 1,260-1,250 points and a resistance level at 1,290-1,300 points.
– Individuals and Proprietary Trading buoyed the Thai stock market with a net buy nearly 1 billion baht in hopes of easing the partial lockdown.
