Individuals Lead the Buying Team with ฿5.6Bn to Buoy SET by 5pts before MSCI Rebalancing

SET Index closed at 1,496.78 points, increased 5.67 points or 0.38% with a trading value of 124 billion baht. The analyst stated that the Thai stock market in the afternoon session erased its gain as the MSCI Rebalance is about to kick in. Still, SET Index remained strong to close 5 points higher.

The analyst advised investors to monitor the U.S bond yield that reached 1.4% again even after the Fed’s vowed to maintain the policy rate. If the U.S. bond reaches 1.5%, the analyst expected stock markets to rebase.

In addition, the analyst gave a support level for next week sessions at1,470 points and a resistance level at 1,520 points.

– Individuals and Local Institutions combined a 7.5 billion baht of net buy to buoy SET Index by 5.67 points.

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