Institutions Net Buy ฿3.3Bn of Thai Shares, Pushing SET to Close Higher at 1,221pts

The total value of buying and selling separated by the investor's type as of November 3, 2020.


SET Index closed at 1,221.33 points, increased 19.17 points or 1.59% with a trading value of 50.1 billion baht. The analyst stated that the Thai stock market closed higher, in line with global trends ahead of the U.S. election.

Moreover, the market was buoyed by the energy sector after a rebound in oil prices, while the political unrest in the country started to stabilize.

The analyst expected SET Index to move sideways – sideways up with a support level at 1,210 points and a resistance level at 1,230 points.

– Local Institutions continued the buying streak, buoying SET by 19 points with a 3.3 billion baht net buy.

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