Local Institutions Make a ฿2.9Bn Net Buy to Drive SET Index Higher by 4pts

The total value of buying and selling separated by the investor's type as of August 27, 2020.

SET Index closed at 1,326.81 points, increased 4.26 points or 0.32% with a trading value of 52.1 billion baht. The analyst stated that the Thai stock market closed higher amid mixed movement in regional markets prior to the Fed’s statement in Jackson Hole about the U.S. economic outlook.

Meanwhile, the market received fund inflow as well as positive sentiment from the covid-19 vaccine to buoy the market. The power generation stocks also edged higher, led by GULF, while the finance sector continued to rise.

The analyst expected tomorrow’s support level at 1,320 points and the resistance level at 1,350 points.

– A net buy worth 2.92 billion baht Local Institutions drove the SET Index 4.26 points higher amid fluctuating in the market prior to Fed’s meeting in Jackson Hole.