Local Institutions Return with a THB1.3 Billion of Net Buy, Buoying SET Index 12pts

The total value of buying and selling on September 21, 2021, categorized by the investor's type.

SET Index closed at 1,614.86 points, increased 11.80 points or 0.74% with a trading value of 83.9 billion baht. The analyst stated that the Thai stock market rebounded in today’s session after a huge plummet yesterday as investors digested information about China’s Evergrande to be less of a threat than the crisis like Lehman Brothers.

Meanwhile, the market expected the Fed to taper USD20 billion in which if the actual number came lower than expected, it would be positive to the market.

The analyst expected the Thai stock market to extend its gain tomorrow, giving a support level at 1,605 points and a resistance level at 1,620-1,627 points.

– Local Institutions returned with a 1.3 billion baht of net buy, while Foreign Investors added 684 million baht.

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