Foreign Investors Lead the Market in Buying Power to Buoy SET by 8pts
The total value of buying and selling separated by the investor's type as of April 16, 2021.
– SET Index closed at 1,548.96 points, increased 7.84 points or 0.51% with a trading value of 89.4 billion baht. The analyst stated that the Thai stock market made a technical rebound after a drop to a support level of 1,530 points last week in response to concerns over rising coronavirus cases in Thailand. However, the announcement of no curfew in the afternoon spurred investors sentiment, leading SET Index to a 8 points higher at the closing.
The analyst stated that the earnings season for the banking sector next week could lift the market sentiment more or less if the results were better than estimated while giving a support level for next week at 1,530 points and a resistance level at 1,580 points.
– Foreign Investors led the market in buying power with a 1.5 billion baht of net buy to buoy SET Index nearly 8 points.
