Fund Flow from Institutions, Prop Trade and Foreigners still Keep SET Higher by 10pts
The total value of buying and selling separated by the investor's type as of November 13, 2020.
– SET Index closed at 1,346.47 points, increased 10.16 points or 0.76% with a trading value of 92 billion baht. The analyst stated that the Thai stock market outperformed regional markets to close higher, while major indexes in Asia retreated.
The analyst stated that the fund inflow from foreign investors continued to buoy the market as the banking sector moved the market after the Bank of Thailand allowed financial institutions dividend payment.
In addition, the analyst estimated next week’s support level at 1,335-1,340 points and a resistance level at 1,357-1,360 points.
– Local Institutions, Prop Trade and Foreign Investors combined a net buy of more than 1 billion baht, keeping SET afloat by 10 points.