Asia Plus Securities Open Institutional Investor Statistics or Quarterly Fractional Funds Found to sell Thai stocks for 10 consecutive quarters, the latest total is 2555 billion baht, expecting to lose rights from LTF funds at the end of 2019 and the end of liens tax at the end of 2Q / 2020. There are also more foreign fund options. But believe that it will not affect the foreign money to be supported
Asia Plus Securities Co., Ltd. publishes statistics on the net buying and selling of Thai shares. of institutional investors, it was found that when separated by quarter Such investors were found to have sold 10 consecutive quarters of Thai equities, with the latest total up to 5 October 65 at 2555 billion baht.
Mr. Passakorn Wangwiwatcharoen Head of Research Asia Plus Securities Company Limited or ASPS said that the big picture of institutional investors net selling 10 consecutive quarters, including the last one up to 5 October 65, has sold 2555 billion baht or since the 3rd quarter of 2020, etc. it came considering that it came from two factors: 1. It is the period of the LTF funds, no tax benefits. At the end of Q4 2019 and when SSFX funds are exhausted from tax benefits. End of the second quarter of 2020
The second factor is likely to come from the period when more foreign funds are being issued. giving more options OR Chinese, US or Vietnamese funds
However, the overall picture of the Thai stock market still has foreign investor funds (FUND FLOW) to support even though in the year 65 the SET index had to face many negative factors. but still stronger than many stock markets with a total net purchase of 150 billion baht in support of the market. There are still better signs in the TFEX market as foreign net short SET50 futures contracts declined and yesterday’s net purchase of 22,855 contracts, which should support the performance of the SET index.
The stocks of foreign investors are interested in the stocks underlying the economic recovery in the country, as evidenced by the SET Well-being (SETWB), an index that reflects the movement of 30 stocks in seven sectors where Thailand has competitive potential and is a business affecting foreign investors Increased since the beginning of the year (YTD) more 2.37%, in contrast to the YTD of the SET -4.67%; sSET, medium-small stocks since the beginning of the year -8.87%.
Statistics of net purchases and sales Institutional investors last 10 quarters
Year Quarter Net Sales (Million Baht) Net for the full 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 October)
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 as of October 5, 20, Q1 and Q2 / 20 are the last 2 quarters that Thai stock exchange institutions at 26.073 million baht and 48.088 million baht, respectively.
