Foreigners and Institutions Return with ฿4.1Bn of Net Buy, Pushing SET Index by13pts
The total value of buying and selling on September 2, 2021, categorized by the investor's type.
– SET Index closed at 1,647.75 points, increased 13.27 points or 0.81% with a trading value of 101 billion baht. The analyst stated that the Thai stock market closed higher, buoyed by the exports and telecommunication sectors after the baht baht started to depreciate, while the impact of buying pressure in DELTA resulted in 7 points to the index.
The analyst advised investors to monitor the U.S. non-farm payroll on Friday in which the figure will be in a consideration of Fed’s tapering timeline as well as the political issues and Covid-19 situation in Thailand.
In addition, the analyst expected SET Index could slow down in a rebase movement, giving a support level at 1,640 points and a resistance level at 1,660 points.
– Foreign Investors and Local Institutions returned for a net buy of 4.1 billion baht in Thai stocks, resulting in a gain of 13 points in SET Index.
