Foreigners and Prop Trade Combine a Net Buy of ฿2.3bn to Buoy the Market by 4pts
The total value of buying and selling separated by investor's type as of November 12, 2019.
– SET closed at 1,626.20 points, increased 4.08 points or 0.25% with a trading value of 45.4 billion baht. The market was buoyed by the rebounding of big-cap stocks such as the banking sector, energy sector and telecom sector. The analyst believed that the buyback was due to the decline in recent days while investors had high hopes on the energy sector to report a brighter profit when compared to huge stock losses in 3Q19.
The Analyst had set a support level for tomorrow’s trading session at 1,620 points and a resistance level at 1,640 – 1,650 points while suggesting investors to pay attention to Trump’s trade speech tonight as he was scheduled to discuss the country’s trade policy at the Economic Club of New York, today.
– Foreign Investors and Proprietary Trading combined a net buy of ฿2.3bn to buoy SET Index by 4 points. Meanwhile, Individuals made a net sell of ฿1.5bn.
