A Combine of ฿2Bn Selloff from Institutions and Foreigners Pull SET Index Back by 8pts
The total value of buying and selling separated by the investor's type as of December 23, 2020.
– SET Index closed at 1,416.02 points, decreased 8.37 points or 0.59% with a trading value of 89.5 billion baht. The analyst stated that the Thai stock market closed lower today due to concerns of another lockdown as the coronavirus resurgence continued to spike. Meanwhile, the market was disappointed at the MPC’s decision to maintain the policy rate, but still expecting another cut on the next meeting.
In addition, the analyst stated that the movement in the Thai stock market tomorrow depends on the government’s measure implementation to curd the resurgence of the coronavirus in which the market could retreated to 1,350-1,300 points if the measure was strict.
– Local Institutions pulled back with a 1.3 billion baht selloff, coupled with Foreign Investors’ profit taking of 705 million baht to plunge SET Index by 8.3 points.
