Foreign Investors Keep SET Index Slightly Above Positive Territory with a ฿2.1Bn Net Buy

The total value of buying and selling separated by the investor's type as of February 16, 2021.

SET Index closed at 1,523.11 points, increased 0.39 points or 0.03% with a trading value of 87.8 billion baht. The analyst stated that the Thai stock market continued to edge higher, following the regional markets and European markets, as well as Dow Jones Futures in hopes of an economic recovery after vaccines began to roll out in many countries.

The Thai stock market extended its gain in today’s session from the buying pressure in the energy sector after oil prices rose above $63 per barrel. Still, the gain was with limited upside due to a selling pressure of two big-cap stocks; DELTA and OR.

The analyst expected SET Index to move in sideway to sideway-up trends, giving a support level at 1,515-1,500 points and a resistance level at 1,550-1,560 points.

– Foreign Investors net bought 2.1 billion baht of Thai shares, coupled with 658 million baht from Proprietary Trading to maintain SET Index in a positive territory.