Individuals and Foreigners Combine a ฿2.2Bn of Net Buy to Buoy SET Index by 6.5pts

SET Index closed at 1,570.83 points, increased 6.58 points or 0.42% with a trading value of 85.4 billion baht. The analyst stated that the Thai stock market outperformed regional markets in today’s session after the maintaining of policy rate by the Monetary Policy Committee (MPC), coupled with more Covid-aid measures introduced by the cabinet.

The MPC revised down Thai economic growth in 2021 from 3.2% to 3.0% in which the analyst stated that it was still at an acceptable level.

The analyst recommended investors to monitor the development of coronavirus cases, especially in Europe after many countries reimposed the lockdown with an increasing number of cases. In addition, the analyst expected SET Index to move within the support level of 1,560-1,550 points and a resistance level of 1,575-1,580 points.

– Individuals led Foreign Investors in net buy to buoy SET Index by 6.5pts with a total net buy of 2.2 billion baht.

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