A THB2.9 Billion of Net Sell from Individuals Diminishes Gains in SET Index to 5pts

The total value of buying and selling on August 24, 2021, categorized by the investor's type.

SET Index closed at 1,586.98 points, increased 4.91 points or 0.31% with a trading value of 100 billion baht. The analyst stated that the Thai stock market closed higher, following the depreciation of dollars and a significant gain in oil prices, sending the Thai stock index to nearly reach its resistance level of 1,600 before closing lower on the profit taking.

The analyst recommended investors to monitor the Fed’s symposium on 26-28 August and Thai CCSA meeting later this week to see if there will be any changes on lockdown measures after the Covid-19 infections saw a decline recently.

In addition, the analyst gave a support level for tomorrow’s session at 1,580-1,570 points and a resistance level at 1,598-1,600 points.

– A 2.9 billion baht of net sell from Individuals diminished gains in SET Index to only 5 points at the closing.


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