Foreign Investors and Institutions Combine a ฿2.7Bn Selloff the Plunge SET by 3.8pts
The total value of buying and selling separated by the investor's type as of February 18, 2021.
– SET Index closed at 1,511.03 points, decreased 3.88 points or 0.26% with a trading value of 97.6 billion baht. The analyst stated that the Thai stock market moved in sideway trends, similar to the regional markets after the U.S. bond yield continued to edge higher, which pressured the stock market. Meanwhile, the Thai stock market faced a profit taking after surging above 1,500 points. The fund inflow continued to flow in Asia, but only a few entered Thailand.
The analyst advised investors to keep monitoring the earnings season of listed companies in the Thai stock market while waiting for another positive catalyst as a new driver. Tomorrow’s session is expected to move sideway with a support level at 1,510 points and a resistance level at 1,525 points.
– Foreign Investors and Local Institutions combined a 2.7 billion baht selloff to plunge SET Index by 3.88 points.
