A THB3 Billion Selloff from Individuals Erases Gain in SET to Close only 10pts Higher

SET Index closed at 1,544.11 points, increased 10 points or 0.65% with a trading value of 104 billion baht. The analyst stated that the Thai stock market performed better than the regional market, buoyed by the energy and banking sectors from a surge in oil prices and oil yield, respectively.

The analyst expected SET Index next week to move sideways within the support level at 1,500-1,510 points and a resistance level at 1,560 points, while advising investors to monitor the development of U.S. bond yield.

– A 3 billion baht selloff from Local Individuals erased SET’s gain to only 10 points amid surging oil prices.

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