Foreigners Join Institutions for a ฿3.6bn Net Buy, Boosting SET by 17 pts.
The total value of buying and selling separated by the investor's type as of November 25, 2019.
– SET closed at 1,614.80 points, jumped 17.08 points or 1.07% with a trading value of 47.4 billion baht. The analyst stated that the Thai stock market closed higher which was in line with the regional market and the outlook of European markets at the open after the U.S. President Donald Trump said the completion of the phase one trade deal was near.
The market is expected to continue its gain in tomorrow’s trading session, supporting with an inflow of approximately $524 million from MSCI rebalancing. The analyst set a support level at 1,600 points and a resistance level at 1,625-1,630 points.
– Local Institutions led the buying team along with Foreign Investors and Proprietary Trading for a total of 3.7 billion baht of net buy, buying SET by 17pts.
