Individuals-Institutions Net Buy ฿1.5bn, Buoying SET to Close Slightly Lower
The total value of buying and selling separated by the investor's type as of January 23, 2020.
– SET closed at 1,573.70 points, declined 0.89 points or 0.06% with a trading value of 61.9 billion baht. The analyst stated that the plummet continued globally after fear struck investors due to the rising death toll from coronavirus hit 17 in China. The SET Index performed better than other markets in the region. Still, the energy sector also fell due to lower oil prices coupled with the banking sector after a disappointment in 2019 net profit which grew slower than expected.
Moreover, concerns over the FY2020 budget still remained. If the budget was delayed, it would have a huge impact on the construction sector. The index had a buying pressure at the end of the session, but could not overcome the negative sentiment from the whole day.
– Individuals and Local Institutions buoyed the market with 1.51 billion baht of net buy, making SET Index to close slightly lower and better than regional markets.
