– SET Index closed at 1,580.04 points, increased 5.13 points or 0.33% with a trading value of 102 billion baht. The analyst stated that the Thai stock market had limited upside after a spike in yesterday’s session without solid drivers amid the new coronavirus outbreak. The analyst stated that due to a fast and sharp incline to 1,580 points, it would be typical for a profit taking to occur.
The analyst advised investors to monitor the earnings of Thai banks in this upcoming days, giving a support level for tomorrow’s session at 1,560 points and a resistance level at 1,585-1,590 points.
– Local Institutions and Proprietary Trading made a net buy of 1.6 billion baht to buoy SET Index by 5 points and ward off Individuals’ 1.3 billion baht selloff.