Institutions Lead the Selloff Team to Sink SET by 10.5pts, Individuals Scoop Up Shares
The total value of buying and selling separated by the investor's type as of November 20, 2019.
– SET closed at 1,596.83 points, dropped 10.42 points or 0.65% with a trading value of 47.7 billion baht. The analyst stated that the plummet in the Thai stock market, as well as the regional market and majority of European markets was due to the reason none other than concerns of the trade deal between the U.S. and China after weeks had passed and still no concrete announcement being made by either party. Moreover, the U.S. President Donald Trump said yesterday that he would just raise tariffs on Chinese goods if they could not strike the deal.
The market in tomorrow’s session is expected to swing sideways down with a support level at 1,580 points and a resistance level at 1,610 points.
– Local Institutions led the selloff team to plunge SET by 10.5pts with a net sell of 2.2 billion baht.
