Institutions and Prop Trade Continue Buoying SET Index by 4pts with a Net Buy of ฿3.1Bn

A short summary to inform investors of what had happened in the Thai stock market on November 27, 2020.

SET Index closed at 1,437.78 points, increased 4.22 points or 0.29% with a trading value of 77.3 billion baht. The analyst stated that the Thai stock market moved narrowly in today’s session, while the fund inflow slowdown as the U.S. market was closed on Thanksgiving yesterday and would reopen only half day on Friday. Meanwhile, the MSCI rebalancing that would weigh down the Thai stock market around 3-4 billion baht also pressured big-cap stocks.

The analyst expected a fluctuating session next week, giving a support level at 1,415 points and a resistance level at 1,450 points.

– Local Institutions and Proprietary Trading continued to buoy the Thai stock market with a total of 3.1 billion baht of the net buy.