The ฿1.6Bn Buyback from Institutions Drives SET Index to Rise 35pts
The total value of buying and selling separated by the investor's type as of December 24, 2020.
– SET Index closed at 1,451.52 points, increased 35.50 points or 2.51% with a trading value of 103 billion baht. The analyst stated that the Thai stock market closed higher after concerns of a nationwide lockdown eased in the afternoon as CCSA stated that it will focus on certain areas with high severity.
The analyst expected a limited upside potential in tomorrow’s session, giving a support level at 1,445 points and a resistance level at 1,465-1,470 points.
– Institutions made a 1.6 billion baht buyback, coupled with a 959 million baht of net buy from Proprietary Trading to buoy SET Index.