A Combine of 2bn. Net Buy from Prop Trade, Foreigners and Individuals Buoys SET by 4pts.

The total value of buying and selling separated by investor's type as of May 24, 2019.

SET closed at 1614.12 points, increased by 4.33 points or 0.27% with a trading value of THB 55.15 billion. The index opened with a plummet of 5 points, but after some ups and downs, it was able to close 4.33 points higher than yesterday. Analysts stated that the index saw some buy pressure after series of plummets after Trump levied Chinese import tariffs. At 17:05 local time in Bangkok, Dow Jones Future rose 163.0 points or 0.64% to 25,626.0 points. It had been reported that Trump would want to include Huawei in the trade deal which meant once the deal is reached, the restriction on Huawei would be lifted.

Prop Trade, Foreign Investors and Individuals combined a total of THB 2 bn. to ward off Institutions’ huge selloff.