Foreign Investors and Institutions Combine a ฿2.82Bn Selloff to Plunge SET Index by 2pts
The total value of buying and selling separated by the investor's type as of May 21, 2021.
– SET Index closed at 1,552.44 points, decreased 2.10 points or 0.14% with a trading value of 80.9 billion baht. The analyst stated that the Thai stock market moved in sideways trends to rebase due to no positive catalyst to drive the market. Meanwhile, the energy sector in today’s session continued to edge lower due to the decline in crude oil price.
In addition, the discovery of the new Covid-19 Indian variant in Thailand also weighed on the sentiment. The analyst expected SET Index to continue moving sideway, giving a support level for next week at 1,540-1,530 points and a resistance level at 1,570 points.
– A continuous selloff from Foreign Investors for 2,014 million baht, coupled with 813 million baht from Local Institutions plunged SET lower by 2.10 points.
