Individuals Withdraw ฿2.8Bn from the Thai Stock Market before a Long Holiday
The total value of buying and selling separated by the investor's type as of July 3, 2020.
– SET Index closed at 1,372.27 points, decreased 1.86 points or 0.14% with a trading value of 61.1 billion baht. The analyst stated that the Thai stock market fluctuated and traded in a narrow gap, while investors made a selloff before a long holiday, especially on the banking sector in concerns of extending mortgage from six months to two years.
In contrast to the negative sentiment plunging the market, the power-generation sector and rubber gloves companies were able to close higher due to being safe and trending stocks.
The analyst expected the index next week to move between 1,350-1,400 points.
– Individuals made a 2,798 million baht selloff before a long holiday, dragging SET Index to close 1.896 points lower.