Foreigners Lead Prop Trade and Institutions in Net Buy to Buoy SET Index by 9.20pts
The total value of buying and selling separated by the investor's type as of August 18, 2020.
– SET Index closed at 1,330.11 points, increased 9.20 points or 0.70% with a trading value of 50.8 billion baht. The analyst stated that the Thai stock market closed higher after being supported by a buying pressure from the banking sector in hopes of the new stress test that could allow the bank to issue a dividend payment again.
However, there were no other positive factors to buoy the market, causing the index to move narrowly within the support and resistance level.
The analyst gave a support level for tomorrow’s session at 1,320 points and a resistance level at 1,337 points.
– Foreign Investors led the buying team with a total of 1,063 million baht net buy to buoy SET Index by 9.20 points.
