฿2.3bn Selloff from Foreigners and ฿1.07bn Selloff from Prop Trade Sink SET by 21pts
The total value of buying and selling separated by the investor's type as of December 2, 2019.
– SET closed at 1,569.53 points, plunged 21.06 points or 1.32% with a trading value of 54.7 billion baht. The analyst stated that the plummet might due to a selloff from foreign investors after a short-selling in TFEX over 50,000 contracts around 10 billion baht last Friday. The market started to crumble after the index fell below 1,580 points, causing further selloff for the remaining of the day.
The analyst also recommended investors to wait and see how the trade deal would turn out while not recommending speculation at this moment.
– Foreign Investors and Proprietary Trading plunged SET Index by 21 points with a combine selloff of 3.4 billion baht.
