A ฿1.6Bn Pullback from Foreigners to Seek Higher Yield in US Dollars Plunges SET by 8pts

SET Index closed at 1,514.91 points, decreased 8.20 points or 0.54% with a trading value of 96.4 billion baht. The analyst stated that a pullback in the Thai stock market was due to a profit-taking after a series of gain since Monday, while investors might seek higher yield in US dollars appreciation.

In addition, the analyst expected SET Index to move between 1,508-1,528 points in tomorrow’s session and advised investors to monitor the earnings season in the Thai stock market.

– Foreign Investors withdrew from Thai stocks, taking 1.6 billion baht from a selloff.

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