Foreigners-Institutions Combine a ฿5.52bln. of Net Buy before Thai Election
The total value of buying and selling separated by investor's type as of March 22, 2019.
Institutional and Foreign Investors combine a net buy of ฿5.52 billion while Individuals sell the rips for ฿4.96 billion in the last session before the election.
SET closed at 1,646.29 points, increased 12.29 points or 0.75% with ฿46.4 billion in value. According to the data history of the previous four elections, Thai stock market tends to rally 1-2 days before the election. This time, the market was buoyed by the net buy of big cap shares while Institutional and Foreign Investors combine a net buy of ฿5.52 billion on Thai shares.
The no interest rate hike from the Fed may depreciate the greenback while would make more fund inflow to Thailand as baht would be stronger against dollars.
