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 SET fell due to profit taking after rebounding for four consecutive days, but it still increased 2.09% from the previous week, with the market focusing on the 1Q24 earning results and foreign investors playing an important role in steering the market.</li><li>However, the trading atmosphere was sluggish, and volume remained light.</li><li>The index has been trading sideways recently, fluctuating within the range of 1,355-1,368 points in the short term. </li></ul>

The SET fell due to profit taking after rebounding for four consecutive days, but it still increased 2.09% from the previous week, with the market focusing on the 1Q24 earning results and foreign investors playing an important role in steering the market.However, the trading atmosphere was sluggish, and volume remained light.The index has been trading sideways recently, fluctuating within the range of 1,355-1,368 points in the short term. 

Technical Analysis - April 29, 2024