Local Institutions Keep On Buying, Buoying SET by 10pts with a ฿2.2Bn Net Buy
The total value of buying and selling separated by the investor's type as of July 1, 2020.
– SET Index closed at 1,349.44 points, increased 10.41 points or 0.78% with a trading value of 53.3 billion baht. The analyst stated that the Thai stock market swung sideway, but still received positive sentiment due to the better-than-expected economic data in China, Europe and the U.S. However, the analyst stated that the market was not on a rising momentum.
The analyst advised investors to keep an eye on the U.S. jobless data, which would be announced tonight as well as the Fed’s economic outlook.
For tomorrow’s session, the analyst expected a support level to be at 1,330 points and a resistance level at 1,350-1,360 points.
– Local Institutions continued to buoy the market with a 2,232 million baht of net buy.
