Prop Trade Joins Institutions to Net Buy ฿1.4bn, Buoying SET to Close Higher by 4pts

The total value of buying and selling separated by investor's type as of October 9, 2019.

SET closed at 1,616.18 points, increased 4.01 points or 0.25% with a trading value of 42.2 billion baht. The analyst stated that the buying pressure came in at the closing when the market had already priced-in some negativities earlier this week, the news of the U.S.-China did not affect much.

Still, analyst advised keeping a close eye on the trade talks between the U.S. and China while SET could have a lively trade tomorrow from the first trading day of AWC. The share is expected to have a small upside since it starts with a high valuation.

Proprietary Trading and Local Institutions combined a net buy of 1,400 million baht to edge SET higher before closing.