– SET Index closed at 1,369.42 points, increased 4.83 points or 0.35% with a trading value of 82.3 billion baht. The analyst stated that the Thai stock market went in the opposite direction as the majority stock markets in the region as well as the European markets and Dow Jones Futures.
SET Index priced in domestic-positive sentiment after the 3Q GDP came in better-than-expected, coupled with S&P Ratings maintained “stable” outlook on Thailand with a BBB+ rating. Moreover, the overall earnings of 3Q listed companies were 24% higher than 2Q, showing a recovery sign from early plummet.
– Local Institutions and Proprietary Trading combined a 1.7 billion baht of net buy to buoy SET Index further by nearly 5 points.