Institutions Plunge the Market with ฿2.6Bn Selloff after SET’s 6-Day Rally
The total value of buying and selling separated by the investor's type as of June 9, 2020.
– SET Index closed at 1,408.37 points, plunged 30.29 points or 2.11% with a trading value of 115 billion baht. The analyst stated that the decline in SET Index was in line with the European market that fell around 1.5% as well as Dow Jones Futures.
The SET Index faced a profit taking after a long rally, while investors were waiting to see the economic direction from the Fed on June 9-10.
In addition, the analyst gave a support level for tomorrow’s session at 1,400-1,380 points and a resistance level at 1,415-1,420 points.
– Local Institutions poured 2.6 billion baht for profit taking after SET’s 6-day rally.
