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>Technically, the SET Index is expected to move downward, with the support levels at 1,158/1,150 points and the resistance at 1,180/1,184 points (10-day EMA).</li><li>In the medium term, the trend remains bearish in a zig-zag down pattern, aiming to find the bottom within the range of 1,100-1,506 points. In the short term, after trading in a narrow range of 1,180-1,195 points over the past five trading days, the index broke out downward on Friday, indicating a likely continued decline today to retest the previous low at 1,157.96 points or form a new low.</li><li>Negative factors include the impact of the earthquake on Thailand’s industrial sector and rising risks of a sharp economic contraction in the US. Recommendation: wait to buy when a new bullish technical signal emerges.</li></ul>

Technically, the SET Index is expected to move downward, with the support levels at 1,158/1,150 points and the resistance at 1,180/1,184 points (10-day EMA).In the medium term, the trend remains bearish in a zig-zag down pattern, aiming to find the bottom within the range of 1,100-1,506 points. In the short term, after trading in a narrow range of 1,180-1,195 points over the past five trading days, the index broke out downward on Friday, indicating a likely continued decline today to retest the previous low at 1,157.96 points or form a new low.Negative factors include the impact of the earthquake on Thailand’s industrial sector and rising risks of a sharp economic contraction in the US. Recommendation: wait to buy when a new bullish technical signal emerges.

WHA Premium Growth Freehold & Leasehold Real Estate Investment Trust (WHART TB)

WHA Premium Growth Freehold & Leasehold Real Estate Investment Trust

KTX Zoom - Market Flooded with Negative News (US Stagflation & Earthquake Impact on Thailand)