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 was volatile, moving in a narrow range after being pressured by shrinking March export figures and profit taking on DELTA.</li><li>But most large cap stocks were able to rise, while foreign investors turned to buy — this allowed the index to close up with light volume.</li><li>The index has moved sideways in a tight range and will probably have an upward direction toward the resistance at 1,367 points; standing above this level would lead the index to the major resistance at 1,380 points, and surpassing it would allow the index to run up to the 1,400-point area.</li></ul>

The SET was volatile, moving in a narrow range after being pressured by shrinking March export figures and profit taking on DELTA.But most large cap stocks were able to rise, while foreign investors turned to buy — this allowed the index to close up with light volume.The index has moved sideways in a tight range and will probably have an upward direction toward the resistance at 1,367 points; standing above this level would lead the index to the major resistance at 1,380 points, and surpassing it would allow the index to run up to the 1,400-point area.

Technical Analysis - APRIL 30, 2024