Foreigners Prevent SET to Surpass 1,300pts with a Net Sell of ฿4,028M

The total value of buying and selling separated by the investor's type as of May 13, 2020.

SET Index closed at 1,294.55 points, decreased 5.14 points or 0.40% with a trading value of 62.2 billion baht. The analyst stated that the Thai stock market came to a halt due to concerns over the second wave of the coronavirus outbreak, which already occured in China, South Korea and Germany. Further stimulus would be needed if the outbreak occurs again, and it would plummet the economy even more.

The analyst expected the market to continue being fluctuated in tomorrow’s session, giving a support level at 1,280-1,260 points and a resistance level at1,303-1,307 points.

– Foreign Investors plummeted the Thai stock market with a selloff worth 4,028 million baht.