Institutions, Prop Trade and Foreigners Combine a ฿1.1Bn Net Sell to Plunge SET by 7pts

SET Index closed at 1,568.19 points, decreased 6.94 points or 0.44% with a trading value of 83.9 billion baht. The analyst stated that the Thai stock market edged lower amid profit-taking after the government delayed AstraZeneca rollout due to the report of death from vaccine allergy in Europe.

The delay of vaccine jabs caused negative sentiment to the stock market, especially those that awaited the reopening such as the hotel and airlines sector.

The analyst expected SET Index to move sideways down next week, giving a support level at 1,530 points and a resistance level at 1,600 points.

– Local Institutions, Prop trade and Foreign Investors plunged SET Index by 7 points with a combined 1.1 billion baht of net sell.

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