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 remained volatile, pressured by the weaker Hang Seng and ongoing US-China trade war concerns, which have weighed on Chinese DR stocks.</li><li>However, PTT's share buyback sparked buying interest, alongside gains in banking and ICT shares while foreign investors turned to buy, enabling the index to close up 1.09% compared to the previous week.</li><li>Despite only a slight rebound, the index standing above 1,183 points and forming a positive price pattern suggests that it still has positive momentum and room for a technical rebound toward the downtrend line resistance.</li></ul>

The SET remained volatile, pressured by the weaker Hang Seng and ongoing US-China trade war concerns, which have weighed on Chinese DR stocks.However, PTT's share buyback sparked buying interest, alongside gains in banking and ICT shares while foreign investors turned to buy, enabling the index to close up 1.09% compared to the previous week.Despite only a slight rebound, the index standing above 1,183 points and forming a positive price pattern suggests that it still has positive momentum and room for a technical rebound toward the downtrend line resistance.

Technical Analysis - MARCH 24, 2025