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, we are still waiting to see a breakout signal pointing to an uptrend or a downtrend, which will affect the index’s movement today.</li><li>The index is expected to continue moving sideways after having fluctuated within the range of 1,368.21-1,389.79 points since mid-March, with the resistance at 1,384/1,392 points (50-day EMA/75-day EMA) and the support at 1,374/1,365 points.</li><li>For the overall picture, the index is still moving in the downchannel range of 1,330-1,396 points.</li></ul>

Technically, we are still waiting to see a breakout signal pointing to an uptrend or a downtrend, which will affect the index’s movement today.The index is expected to continue moving sideways after having fluctuated within the range of 1,368.21-1,389.79 points since mid-March, with the resistance at 1,384/1,392 points (50-day EMA/75-day EMA) and the support at 1,374/1,365 points.For the overall picture, the index is still moving in the downchannel range of 1,330-1,396 points.

KTX Zoom - Services PMIs in the EU and UK