A ฿1.6Bn Pullback from Foreigners to Seek Higher Yield in US Dollars Plunges SET by 8pts
The total value of buying and selling separated by the investor's type as of February 17, 2021.
– SET Index closed at 1,514.91 points, decreased 8.20 points or 0.54% with a trading value of 96.4 billion baht. The analyst stated that a pullback in the Thai stock market was due to a profit-taking after a series of gain since Monday, while investors might seek higher yield in US dollars appreciation.
In addition, the analyst expected SET Index to move between 1,508-1,528 points in tomorrow’s session and advised investors to monitor the earnings season in the Thai stock market.
– Foreign Investors withdrew from Thai stocks, taking 1.6 billion baht from a selloff.
