Individuals Buy the Dips amid ฿6.5Bn Selloff from Institutions, Prop Trade and Foreigners

The total value of buying and selling separated by the investor's type as of February 22, 2021.

SET Index closed at 1,478.14 points, decreased 22.37 points or 1.49% with a trading value of 89.8 billion baht. The analyst stated that the Thai stock market faced continuous selling pressure from local institutions and foreign investors since last week due to a sharp incline of U.S. bond yields, causing a prompt adjustment in the portfolio.

In addition, the analyst recommended investors to keep monitoring the 4Q earnings season that should be mostly complete within this week, giving a support level for tomorrow’s session at 1,460 points and a resistance level at 1,490 points.

– Individuals scooped Thai shares at a lower price amid 6.5 billion baht selloff from Local Institutions, Foreign Investors and Proprietary Trading.