Foreign Investors Buoy SET Index by 11pts with a ฿1.5Bn Net Buy

SET Index closed at 1,636.56 points, increased 11.29 points or 0.69% with a trading value of 106 billion baht. The analyst stated that the Thai stock market closed higher, in line with the regional markets, unaffected by the U.S. fast-pace increase of inflation rate, which is believed to be a short-term incline.

The Thai stock market was led by Domestic Plays as AOT and other stocks surged in response to the reopening hope and vaccine rollout and other commodity-related stocks such as BANPU.

The analyst recommended investors to monitor the Fed’s meeting next week, expecting limited upside after the breakthrough of 1,600 points, giving a support level for next week at 1,625 points and a resistance level at 1,635-1,640 points.

– Foreign Investors net bought 1,570 million baht of Thai shares, buoying SET Index by 11 points.



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