Prop Trade Continues to Support SET Index with a THB430 Million of Net Buy

SET Index closed at 1,638.73 points, increased 4.79 points or 0.29% with a trading value of 69.4 billion baht. The analyst stated that The Thai stock market moved in sideways trends as the electronics segment led the market, in line with South Korea, Taiwan and Nasdaq. Meanwhile, the market was still speculating on the 3Q21 earnings season for stocks with unique factors.

The analyst recommended investors to keep an eye on the last day of earnings announcement, expecting the market to continue moving in sideways trends with a support level at 1,630 points and a resistance level at 1,640-1,645 points.

– Proprietary Trading led the market in net buy, buoying SET Index to close higher by 4.8pts