Foreign Investors and Prop Trade Plunge SET Index by 16pts with a ฿770Mn of Net Sell
The total value of buying and selling separated by the investor's type as of July 30, 2021.
– SET Index closed at 1,521.92 points, decreased 15.86 points or 1.03% with a trading value of 87.7 billion baht. The analyst stated that the Thai stock market closed lower on concerns to further Covid-19 measures that could be implemented to curb the spread as Thailand continued to suffer from surging infection rate, which could lead to more spending in the government’s sector and potentially impact on the Thai economy.
The analyst warned that if the measure got stricter, the Thai stock market could plunge lower than the 1,500 level, primarily giving a support level for next week at 1,500-1,520 points and a resistance level at 1,540 points.
– Foreign Investors and Proprietary Trading combined a 770 million baht of net sell to plunge Thai market by nearly 16 points.
