– SET Index closed at 1,579.17 points, decreased 3.50 points or 0.22% with a trading value of 68.8 billion baht. The analyst stated that the decline in the Thai stock market was mainly due to concerns over the Covid-19 situation after the government sector raised restrictions to contain the spread of the virus, Meanwhile there was buying pressure on stocks that were speculated to have less or no impact on the current situation.
The analyst recommended monitoring the Thai cabinet meeting tomorrow to see remedial measures for those affected by the current outbreak and lockdown.
In addition, the analyst stated that the market could continue to edge lower, giving a support level at 1,565-,1560 points and a resistance level at 1,580 points.
– Local Institutions, Proprietary Trading and Individuals combined a net buy of 1.2 billion baht to cut the loss in SET Index to only 3.50 points.