Asia Plus Securities Open institutional investor statistics or quarterly split funds Found selling Thai shares for 10 consecutive quarters, the latest total is at 2555 billion baht, expecting to lose rights from LTF funds at the end of 2019 and end of tax privileges at the end of 2Q/2020. There are also more foreign fund options. But believe that it will not affect foreign money to support
Asia Plus Securities Co., Ltd. releases statistics on net buying and selling of Thai stocks. of institutional investors, it was found that if separated by quarter It was found that such investors sold 10 consecutive quarters of Thai shares, with the latest total until October 5, 65 at 2555 billion baht.
Mr. Passakorn Wangwiwatcharoen Research Manager Asia Plus Securities Company Limited or ASPS said that the overall picture of institutional investors selling net 10 consecutive quarters, including the latest until October 5, 65, sold 2555 billion baht or since the 3rd quarter of 2020, etc. came by considering that it came from two factors: 1. It is the period of LTF funds, no tax benefits. At the end of the 4th quarter of 2019 and when SSFX funds are exhausted from tax benefits. End of Q2/2020
The second factor is likely to come from the period when more foreign funds are issued. giving more options Either Chinese, US or Vietnam funds
However, the overall picture of the Thai stock market still has foreign investors’ funds (FUND FLOW) to support even though in the year 65 the SET Index faced many negative factors. but still stronger than many stock markets with a total net purchase of 150 billion baht to support the market. There are still better signals in the TFEX market as foreign net short SET50 futures contracts decreased and net buy yesterday of 22,855 contracts. This is expected to support the SET Index moving forward.
Stocks among foreign investors are interested in stocks underpinning the economic recovery in the country, as evidenced by the SET Well-being (SETWB), an index that reflects the movement of 30 securities in seven sectors in which Thailand has competitive potential. and is a business that foreign investors are interested in Increased since year-to-date (YTD) plus 2.37%, contrary to the SET’s YTD -4.67%; sSET, small-medium stocks YTD -8.87%.
Statistics of net purchases and sales Institutional investors last 10 quarters
Year Quarter Net sales (Million Baht) Net for the whole year
63 Q3 -5989 net purchase of 33,455 million baht.
Q4 -34.716
64 Q1 -22,765 net sales 77,335 million baht.
Q2 -18,025
Q3-150
Q4 -36.393
65 Q1 -82,166 net sales 137,667 million baht.
(until 5 Oct.)
Q2 -6,808
Q3 -35.027
Q4 -13.665
Total net sales for 10 consecutive quarters 255,709 million baht.
Data: Asia Plus Securities / Q4/65 to 5 Oct. 20, Q1 and Q2/20 are the latest 2 quarters that Thai stock exchange institutions at 26,073 million baht and 48,088 million baht, respectively.
