A ฿2.1Bn of Window Dressing from Institutions Buoy SET Index to Close Higher by 4pts
The total value of buying and selling separated by the investor's type as of June 26, 2020.
– SET Index closed at 1,330.34 points, increased 4.46 points or 0.34% with a trading value of 47.1 billion baht. The analyst stated that the Thai stock market rebounded from yesterday’s negative territory due to hopes of a more reopening economy in July. Meanwhile, the outbreak in Thailand and the regional countries are not as severe as the U.S., which would lead to more lockdown easing.
The analyst suggested investors to keep an eye on the domestic travelling stimulus package that will be proposed to the Thai Cabinet next week, giving a support level for next week’s session at 1,300-1,310 points and a resistance level at 1,350 points.
– A window dressing worth 2.1 billion baht from Local Institutions buoyed the market to close higher by 4.46 points.
