Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

A full service Thai brokerage

Krungthai XSpring

Krungthai XSpring is a full service broker. The company provides a wide range of investment services such as Securities Brokerage, Derivative Agent Business, Securities Borrowing and Lending, Securities Trading, Underwriting, Financial Advisory, Wealth Advisory, Private Fund Management and International Markets Securities Trading. 

In terms of credibility, Fitch Ratings has assigned Krunghtai XSpring a long-term rating of AA- and a national short-term rating of F1+ with stable outlook.

Thematic (Sector/Industry)

<div><div><div><div><ul><li>The SET Index is expected to move sideways, with the resistance at 1,600/1,607 points and the support at 1,583/1,573 points.</li><li>We recommend trading buy on BCH, PTG and BAM.</li><li>Technically, the index is expected to swing in a narrow range after investors sold to take profit at the major resistance at 1,600 points; in the short term, the index may move in the range of 1,583-1,600 points. </li></ul></div></div></div></div>

The SET Index is expected to move sideways, with the resistance at 1,600/1,607 points and the support at 1,583/1,573 points.We recommend trading buy on BCH, PTG and BAM.Technically, the index is expected to swing in a narrow range after investors sold to take profit at the major resistance at 1,600 points; in the short term, the index may move in the range of 1,583-1,600 points. 

India

iShares MSCI India ETF is an exchange-traded fund incorporated in the USA. The ETF seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI India Index.

iShares MSCI India ETF (INDA US)

Zoom - Market Outlook - August 3, 2022

The SET Index is expected to move sideways, with the resistance at 1,600/1,607 points and the support at 1,583/1,573 points.

Krungthai XSpring