Individuals Buy the Dips amid ฿6.5Bn Selloff from Institutions, Prop Trade and Foreigners
The total value of buying and selling separated by the investor's type as of February 22, 2021.
– SET Index closed at 1,478.14 points, decreased 22.37 points or 1.49% with a trading value of 89.8 billion baht. The analyst stated that the Thai stock market faced continuous selling pressure from local institutions and foreign investors since last week due to a sharp incline of U.S. bond yields, causing a prompt adjustment in the portfolio.
In addition, the analyst recommended investors to keep monitoring the 4Q earnings season that should be mostly complete within this week, giving a support level for tomorrow’s session at 1,460 points and a resistance level at 1,490 points.
– Individuals scooped Thai shares at a lower price amid 6.5 billion baht selloff from Local Institutions, Foreign Investors and Proprietary Trading.
