A Nonstop Selloff from Institutions Continue to Torment SET Index by another 0.35pts
The total value of buying and selling separated by the investor's type as of January 22, 2020.
– SET closed at 1,574.59 points, decreased 0.35 points or 0.02% with a trading value of 72.9 billion baht. The analyst stated that the plummet was due to concerns over the government budget in 2020 that could be delayed, which would pressure stocks in construction sectors.
The drought also caused a plummet in the energy sector, especially those with petrochemical plants in the Eastern region which required water for the operation.
The analyst set a support level for tomorrow’s trading session at 1,566 points and a resistance level at 1,583 points.
– Local Institutions continued the selloff to plunge SET Index by another 0.35 points.
