– SET Index closed at 1,540.88 points, increased 2.02 points or 0.13% with a trading value of 73.6 billion baht. The analyst stated that the Thai stock market moved in sideways trends with a limited upside due to a lack of positive factor to drive the market, while the Covid-19 situation in Thailand continued to pressure the market.
The analyst advised to monitor the earnings season of listed companies after a shaky performance from the banking sector that could potentially lead to more provision in 3Q21 to support the Covid-19 impact and debtors.
In addition, the analyst expected SET Index to continue moving in sideways trends with a support level at 1,530 points and a resistance level at 1,550 points.
– Local Individuals buoyed SET Index by 2 points with a 1.4 billion baht of net buy.