Institutions Hammer SET with ฿2.72bln. Selloff, Causing Market to Slump 14.5pts.

The total value of purchasing and selling separated by investor's type as of January 14, 2019.

Local institutions plunged the market with a ฿2.72 billion selloff, hammered SET by 14.47 points or 0.91%.

SET closed at 1,582.57 points, declined 14.47 points or 0.91% with 41.5 billion in value. A sharp fall came after a report of Chinese’s December imports fell 4.4% and exports fell 7.6%, indicating the beginning of tariff imposition from the U.S. Analysts believe that the high growth in both exports and imports in 2018 from China was due to the majority of the deals were made before the increment on tariff went into effect.