Foreign Investors Push SET Index Higher with a THB3.8 Billion of Net Buy

The total value of buying and selling on August 31, 2021, categorized by the investor's type.

SET Index closed at 1,638.75 points, increased 4.98 points or 0.30% with a trading value of 117 billion baht. The analyst stated that the Thai stock market closed higher in the same direction of regional markets after the report of The People’s Bank of China is expecting to inject 40 billion yuan for liquidity, coupled with the weakened U.S. dollars.

The power generation stocks and telecommunication supported the Thai stock market in today’s session, while other securities slowdown prior to the MSCI rebalance.

In addition, the analyst expected SET Index to extend the gain in tomorrow’s session with a support level at 1,630 points and a resistance level at 1,645-1,650 points.

– A 3.8 billion baht of Foreign Investors’ net buy in the afternoon session pushed SET Index higher and closed in positive territory.


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