Institutions Debut the First Trading Day of 2020 with ฿5.1bn Net Buy, Buoying SET 16pts
The total value of buying and selling separated by the investor's type as of January 2, 2020.
– SET closed at 1,595.82 points, increased 15.98 points or 1.01% with a trading value of 54.5 billion baht. The analyst stated that the increase in today’s session was due to the positive sentiment from the development of trade deal between the U.S. and China after Trump announced that the “Phase One” deal would be signed on January 15 at Washington and he would travel to Beijing to initiate the “Phase Two” right away.
Moreover, the market was buoyed by the buying pressure from the energy sector after speculation of a rising oil price from the easing of trade tension as well as the IMO2020 regulation.
The analyst set a support level for tomorrow’s session at 1,590 points and a resistance level at 1,610 points.
– Institutions debuted the first trading day of 2020 with a net buy of 5.1 billion baht, sending SET to skyrocket by 16 points.
