Will 1,200 points be removed? • Online business news.



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Embracing the capital market: Thanachai Na Nakorn

Earlier this week

Write on the 1220 level index as a solid support.

Most analysts believe that it is unlikely to fall, as if it does fall, it is likely to gain strength to buy. And you can roll back the index

It has been a week of debt.

Internal political problems have not been resolved. Can’t find clarity In addition to foreign countries in Europe on COVID-19 Back to the epidemic again US economic policy There is still uncertainty.

And I still have to keep an eye out for the American elections

This situation, investors do not like.

Because outside is “confusing” in all matters

Those things are even worse. Especially the political rallies in the country.

Many analysts have said the index is unlikely to drop 1,200 points.

It’s been a while since the beginning of this week.

Some people think that although external factors have more weight or pressure in the Thai stock market than in the country.

But if political rallies continue OR what events lead to violence Until it’s too difficult to control OR have to spend time solving problems

The Thai stock index has a chance of falling 1,200 points

“Political problems in Thailand In particular, the prolonged rally would not be a very prolonged pressure on the market.

Because according to statistics, when political problems arise, investors will only be concerned about the first period.

But the concern is the events that increase and increase in intensity.

And with the uncertainty, the overall picture of the Thai stock market will be worse compared to the regional stock market. “

Krungthai Zmico Securities Company Limited stated in the analysis

Yesterday, the Thai stock index closed at 1,207.97 points, the lowest close in more than six months.

That, as of April 16, 2020, the index closed at 1,200.15 points, or during which Thailand has locked out many cities. COVID-19 curfew announcement

The index closed the lowest in 56 months.

In terms of technical signals, the Thai stock index is now considered “not very good”.

Institutional investor OR various funds continue to sell the network OR if from October 1, 2020 until today (October 26), the institution’s net sales has left 12,166 million baht.

As a result, as of the beginning of 2020, institutions have net purchases of 56.006 million baht.

As for foreign investors, net sales (since the beginning of 2020) of more than 291,422 million baht have been released.

Making the share of foreign investment in the Thai stock market outstanding (including NVDR) only around 25%.

If the trend of both funds and foreigners continues to sell together.

However, it dropped 1,200 points for being alone with the Port Broke. Not likely to resist

Unless the fund returns Turn to buy the network using the money previously sold to buy it back.

Or use RMF and SSF funds.

That should have money to buy during the months of November to December.

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