Institutions Plunge SET by 15pts with ฿3.1bn Selloff, Individuals Buy Back at Lower Price
The total value of buying and selling separated by investor's type as of September 19, 2019.
– SET closed at 1,640.66 points, plunged 13.48 points or 0.81% with a trading value of 57.2 billion baht. Phillip Securities stated that today’s session in the Thai market was worse than anticipation which reflected that investors still had some worries over the world economy. Moreover, some investors intended to sell their shares to buy AWC’s IPO in the upcoming days.
Phillip Securities expected a quiet session tomorrow, setting a support level at 1,630 and a resistant level at 1,650.
– Institutions left Thai market with a net sell of 3.1 billion baht after Fed’s second rate cut while Individuals took a chance to scoop up shares at lower prices.
