Individuals Take the Opportunity for Profit-Taking with ฿2.3bn Net Sell
The total value of buying and selling separated by the investor's type as of January 3, 2020.
– SET closed at 1,594.97 points, decreased 0.85 points or 0.05% with a trading value of 61.2 billion baht. The Thai stock market edged lower on January 3 after a gain in the morning session. The index started to decline in the afternoon after a stumble opening in European markets while Dow Jones Future also dropped.
This was due to the escalated tension in the middle east after the U.S. ordered an airstrike at Baghdad International Airport, which killed Iranian Major-General Qassem Soleimani, head of the elite Quds Force and top Iraqi militia commander Abu Mahdi al-Muhandis.
Meanwhile, the market still needs positive factors to support after the successful U.S.-China trade deal has already priced-in.
– Individuals took the opportunity to sell for profit-taking in fear of rising tension in the middle east, causing SET to decline 0.85 points.
