Institutions and Foreign Investors Continue to Plunge SET Index with a ฿4.6Bn Selloff
The total value of buying and selling separated by the investor's type as of April 23, 2021.
– SET Index closed at 1,553.59 points, decreased 14.62 points or 0.93% with a trading value of 86.1 billion baht. The analyst stated that the Thai stock market plunged sharply for the second day due to the rising cases of Covid-19 that broke a record high for a daily new case at 2,070 along with another four deaths.
The analyst expected SCC, DELTA, SCGP and HMPRO to release their earnings next week, which could boost the market sentiment due to positive earnings estimation.
Meanwhile, the analyst stated that the Thai stock market could rebound next week if the Covid-19 situation eased during the weekend, giving a support level for next week at 1,540-1,533 points and a resistance level at 1,565-1,570 points.
– Local Institutions, Foreign Investors and Proprietary Trading continued to plunge SET Index with another 5,033 million baht.