Institutions and Prop Trade Sell the Rips for ฿1.4Bn, Plunging SET by 2.4pts
The total value of buying and selling separated by the investor's type as of August 10, 2020.
– SET Index closed at 1,322.01 points, decreased 2.39 points or 0.18% with a trading value of 37.4 billion baht. The analyst stated that the Thai stock market swung sideways narrowly in both positive and negative territories as investors were speculating on the 2Q20 earnings, focusing on mid-cap stocks. Meanwhile, stocks in the banking and energy sectors saw slight movement and also lower trading value.
The analyst gave a support level for tomorrow’s session at 1,315 points and a resistance level at 1,340 points.
– Local Institutions and Proprietary Trading combined a ฿1.4Bn selloff for profit-taking to plunge SET Index by 2.4pts.
