Institutions, Foreigners and Prop Trade Combine a ฿7.3Bn Selloff to Hammer SET by 30pts
The total value of buying and selling separated by the investor's type as of January 28, 2021.
– SET Index closed at 1,468.51 points, decreased 29.62 points or 1.98% with a trading value of 92.6 billion baht. The analyst stated that SET Index moved in a negative territory all day in the same direction of regional markets as well as European markets after a disappointment in the Fed for not introducing more stimulus plans to support the economy, while maintaining the policy rate near zero. Moreover, there was a rumour that concerned the market regarding the ECB in cutting interest rate, causing investors to sell their assets.
The analyst expected SET Index to rebound tomorrow after a sharp plunge, giving a movement range at 1,460-1,490 points.
– Individuals invested 7.3 billion baht on Thai shares to buy the dips amid huge selloff.
