A Solo-Buying Session Worth ฿3.4Bn of Individuals Buoy SET to Close 3pts Higher
The total value of buying and selling separated by the investor's type as of June 8, 2020.
– SET Index closed at 1,438.66 points, increased 2.96 points or 0.21% with a trading value of 105 billion baht. The analyst stated that the Thai stock market fluctuated as the index jumped more than 19 points in the morning session, but started to slow down to record only 3 points gains at the closing.
The fluctuation in today’s session showed that investors were cautious about trading amid high valuation, even with positive sentiment in the market.
The analyst pointed out that the buying pressure started to ease, and believed that the fund inflow in the recent weeks could be flowing through regional markets, not only Thailand.
In addition, tomorrow’s session could slow down to wait and see whether the fund inflow will continue or not, giving a support level at 1,420 points and a resistance level at 1,450-1,460 points.
– Local Individuals made a solo-buying session with a total of 3.4 billion baht of net buy in value.