Foreigners, Institutions and Prop Trade Retreat from Thai Market with THB12.7Bn Net Sell

The total value of buying and selling on November 26, 2021, categorized by the investor's type.

SET Index on November 26, 2021, closed at 1,610.61 points, decreased 37.85 points or 2.30% with a trading value of 123 billion baht. The analyst stated that the Thai stock market traded lower in the same direction as global markets in concerns of the acceleration of Covid-19 infections in Europe and the new strain in South Africa, coupled with the lingering high inflation rates and faster-than-expected rate hikes.

The analyst expected the Thai stock market next week to slow down with a support level at 1,600 points and a resistance level at 1,630 points.

– Foreign Investors, Local Institutions and Proprietary Trading withdrew 12.8 billion baht from the Thai stock market amid concerns over new Covid-19 variant.

Back to top button