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.

A full service Thai brokerage

Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

Thematic (Sector/Industry)

Thailand Financials / Thematic (Sector/Industry)

<ul><li>The Ministry of Commerce expects Thailand's exports this year to potentially achieve 4% growth, surpassing the original target of 2%.</li><li>This improvement should be driven by a strong export performance in 4Q24E, supported by global trade growth in electronic goods, robust economic expansion in key trading partner countries, and increased orders for raw materials to replenish industrial inventories, as well as capital goods to enhance production capacity in anticipation of planned US tariff hikes early next year.</li><li>We expect that export growth reports for November and December will provide positive momentum for export stocks. </li></ul>

The Ministry of Commerce expects Thailand's exports this year to potentially achieve 4% growth, surpassing the original target of 2%.This improvement should be driven by a strong export performance in 4Q24E, supported by global trade growth in electronic goods, robust economic expansion in key trading partner countries, and increased orders for raw materials to replenish industrial inventories, as well as capital goods to enhance production capacity in anticipation of planned US tariff hikes early next year.We expect that export growth reports for November and December will provide positive momentum for export stocks. 

Economic Update – Exports & Imports - Nov 27, 2024