Foreigners Lead the Selloff Team to Plunge SET by 6pts with a Total ฿1.38Bn Net Sell
The total value of buying and selling separated by the investor's type as of October 29, 2020.
– SET Index closed at 1,201.64 points, decreased 6.30 points or 0.52% with a trading value of 50.8 billion baht. The analyst stated that Asia markets closed slightly lower after a huge plummet in the U.S. and European yesterday due to concerns of rising coronavirus cases.
Meanwhile, the Thai stock market was pressured by the political concerns as protesters announced that they would hold another gathering today.
The analyst suggested investors to monitor the earnings of listed companies that will be announced in the upcoming weeks as well as the progress of the coronavirus outbreak, giving a support level for SET Index in tomorrow’s session at 1,190-1,195 points and a resistance level at 1,205-1,210 points.
– Foreign Investors led the selloff with 1.17 billion baht, coupled with a total of 200 million baht net sell from Local Institutions Proprietary Trading.
