SET Index Falls 6pts over a THB690 Million Selloff from Individuals and Prop Trade

SET Index closed at 1,611.92 points, decreased 5.97 points or 0.37% with a trading value of 84.7 billion baht. The analyst stated that the Thai stock market edged lower from a profit taking in reopening stocks that had been on a gain prior to the actual reopening date. Small-cap stocks were also pressured by the potential of new cash balance measures, while investors were also waiting for the Fed’s meeting as well.

The analyst expected SET Index to rebound in tomorrow’s session, but with limited upside, giving a support level at 1,590-1,600 points and a resistance level at 1,630 points.

– A 690 million baht selloff from Local Individuals and Proprietary Trading set SET Index to close 6 points lower.