Foreigners Switch to Net Buy Thai Shares with Prop Trade for ฿1.3bn, Hiking SET by 15 pts
The total value of buying and selling separated by investor's type as of August 21, 2019.
– SET closed at 1,638.24 points, rose 12.67 points or 0.78% with a trading value of THB 56.87 billion. Today, the SET Index closed higher by 12.67 point due to surprising July imports and exports data beating all estimations from analysts. In July 2019, imports rose 1.67% YoY, beating an estimate of 5.97% decrease while exports showed an amazing number of 4.28% increase YoY, beating an estimation of 2.1% decrease. The trade surplus was $11 million, compared to an estimate of $249 million. However, both imports and exports were still at -1.81% and -1.91%, respectively, in the seven months period (January – July).
Meanwhile, the foreign markets were waiting to see the progress of the trade war, Brexit and Fed’s meeting result.
– Proprietary Trading and Foreign Investors net bought THB 1,341.23 million, buoying the SET to close higher by 12.67 points.
