Foreigners Buoy the Market by 22pts with a ฿2,014Mn Net Buy
The total value of buying and selling separated by the investor's type as of December 22, 2020.
– SET Index closed at 1,424.39 points, increased 22.61 points or 1.61% with a trading value of 87.8 billion baht. The analyst stated that the Thai stock market made a technical rebound from yesterday’s plummet due to the fund inflows over 2,000 million baht from foreign investors buoying the market, while major stock markets in Asia Pacific all closed lower due to concerns of the new Covid variant in the UK.
The analyst expected SET Index to move in sideways trends and rebasing, advising investors to monitor the MPC’s meeting tomorrow in which the market expected the policy makers to keep the rate at 0.25%.
In addition, the analyst set a support level for tomorrow session at 1,410 points and a resistance level at 1,430-1,440 points.
– Foreign Investors waived local transmission of Covid-19 concerns, buoying SET Index by 22pts with a net buy of 2,014 million baht.
