Local Institutions and Prop Trade Push SET Index Higher by 14pts with a ฿6Bn of Net Buy
The total value of buying and selling separated by the investor's type as of May 27, 2021.
– SET Index closed at 1,582.96 points, increased 14.38 points or 0.92% with a trading value of 175 billion baht. The analyst stated that the Thai stock market performed better than expected after the report of more alternate vaccines to be arrived and the opening for registration of vaccines for general citizens, resulting in a focused-play on the reopening theme. Commerce, hotel and power generator stocks performed better in today’s session.
The analyst cautioned investors that the market could face a profit taking after a two-day surge and without a solid positive factor, giving a support level for tomorrow’s session at 1,570 points and a resistance level at 1,590 points.
– Local Institutions pushed SET Index higher by 14 points after a nearly 5,000 million baht of net buy.