Foreigners Net Sell THB890 Million of Thai Shares as Market Looks for Catalysts

The total value of buying and selling on September 17, 2021, categorized by the investor's type.

SET Index closed at 1,625.65 points, decreased 6.05 points or 0.37% with a trading value of 105 billion baht. The analyst stated that the Thai stock market fluctuated in today’s session from the profit taking in big-cap stocks as uncertainties over the opening in October grew. Meanwhile, investors were also looking forward to the U.S. Fed meeting next week that could potentially result in a slower fund flow. However, if the Fed decided to taper around 10-15 billion dollars, that could be positive to the fund flow.

In addition, the analyst expected SET Index to move in a limited range next week, giving a support level at 1,615-1,607 points and a resistance level at 1,630-1,643 points.

– Foreign Investors withdrew 890 million baht from SET Index as the market looked for catalysts.



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