Institutions Combine a Net Buy of ฿6.8Bn with Prop Trade’s ฿1.2Bn to Buoy SET by 24pts
The total value of buying and selling separated by the investor's type as of July 2, 2020.
– SET Index closed at 1,374.13 points, increased 24.69 points or 1.83% with a trading value of 84.4 billion baht. The analyst stated that the Thai stock market closed inline with regional markets in positive territory after the economic data for China and the U.S. came out better than the market had anticipated, giving hopes for fund inflow to emerging markets.
The analyst expected the Thai stock market to continue increasing along the trend, but with limited upside, giving a support level at 1,355-1,360 points and a resistance level at 1,380-1,386 points.
– Local Institutions led the buying team with a 6.8 billion baht of net buy, sending SET Index to close higher by 24.7 points.