Local Institutions Net Buy Thai Shares for THB2.2 Billion, Buoying SET Index by 5pts

The total value of buying and selling separated by the investor's type as of August 4, 2021.

SET Index closed at 1,545.86 points, increased 5.35 points or 0.35% with a trading value of 66.8 billion baht. The analyst stated that SET Index extended the gain in today’s session to recover the loss from last week, while seeing that the index had a solid stance after closing above 1,545 level, which could lead to a continuous gain in the next session.

The analyst stated that the earlier drop in the valuation of SET Index and Thai bond yield made earning yield gap rise above the average, which is an attractive valuation to accumulate.

In addition, the analyst gave a support level at 1,530 points and a resistance level at 1,560 points for tomorrow’s session.

– Local Institutions net bought Thai shares for 2.2 billion bahts and buoyed SET Index by 5 points.

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