Local Institutions Drop SET Index by 9pts with a Selloff Worth ฿4.57Bn

The total value of buying and selling separated by the investor's type as of November 12, 2020.

SET Index closed at 1,336.31 points, decreased 9.03 points or 0.67% with a trading value of 97.2 billion baht. The analyst stated that the Thai stock exchange of Thailand slowed down in the same movement as regional and European markets after being unable to surpass the resistance level, while the market had been responded positively in the past few days, and the market would face more pressure regarding the coronavirus outbreak in which Europe and the U.S. might need stricter measures or a shutdown to tackle the rising infection rate.

The analyst advised investors to monitor the 3Q20 earnings, giving a support level at 1,320-1,300 points and a resistance level at 1,350-1,386 points.

– Local Institutions poured 4,577 million baht, plunging SET Index by 9 points as positive sentiment from the coronavirus vaccine subsided.