Institutions and Foreigners Retreat from Thai Market with ฿1.1Bn, Plunging SET by 1.3pts
The total value of buying and selling separated by the investor's type as of July 20, 2020.
– SET Index closed at 1,358.29 points, decreased 1.29 points or 0.09% with a trading value of 52.3 billion baht. The analyst stated that the Thai stock market had sideways trends, the same movement as the regional markets and the European markets due to a lack of positive factors to support the market.
More importantly, the decline of KBANK in the afternoon session pressured the market as investors switched to safe stocks such as EA or stocks that perform well in a bad economy such as BAM.
The analyst expected SET Index to move between 1,350-1,370 points.
– Local Institutions and Foreign Investors retreated with 1.1 billion baht, pressuring SET Index to close lower by 1.29 points.
