Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

A full service Thai brokerage

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.

Equity Bottom-Up

<ul><li>From a tactical perspective, the SET Index is expected to rise, with the resistance at 1,354/1,360 points and the support at 1,340/1,334 points.</li><li>In the medium term, the index remains in a bearish trend, forming a rounding-top pattern within the range of 1,273-1,506 points.</li><li>In the short term, it continues to move in a zig-zag down pattern, searching for a bottom to signal a new upward trend (bottoming out).</li></ul>

From a tactical perspective, the SET Index is expected to rise, with the resistance at 1,354/1,360 points and the support at 1,340/1,334 points.In the medium term, the index remains in a bearish trend, forming a rounding-top pattern within the range of 1,273-1,506 points.In the short term, it continues to move in a zig-zag down pattern, searching for a bottom to signal a new upward trend (bottoming out).

Technical Analysis

<ul><li>Technically, the SET Index is expected to rise, with the resistance at 1,360/1,364 points and the support at 1,343/1,338 points.</li><li>Investors are recommended to start speculative buying with a stop-loss point at 1,343 points.</li><li>The focus should be on large cap stocks tied to domestic consumption, such as CPALL, CRC, CPAXT, ADVANC, and INTUCH.</li></ul>

Technically, the SET Index is expected to rise, with the resistance at 1,360/1,364 points and the support at 1,343/1,338 points.Investors are recommended to start speculative buying with a stop-loss point at 1,343 points.The focus should be on large cap stocks tied to domestic consumption, such as CPALL, CRC, CPAXT, ADVANC, and INTUCH.

<ul><li>Technically, the SET Index is expected to move sideways up, with the resistance at 1,360/1,365 points and the support at 1,344/1,340 points.</li><li>US: The December retail sales report is expected to show growth of +0.6% MoM and +4% YoY (vs. +0.7% MoM and +3.8% YoY in November).</li><li>US stock markets posted the largest single-day gain in two months, boosted by lower-than-expected core inflation.</li></ul>

Technically, the SET Index is expected to move sideways up, with the resistance at 1,360/1,365 points and the support at 1,344/1,340 points.US: The December retail sales report is expected to show growth of +0.6% MoM and +4% YoY (vs. +0.7% MoM and +3.8% YoY in November).US stock markets posted the largest single-day gain in two months, boosted by lower-than-expected core inflation.

US Retail Sales and 4Q24 Earnings Results

<ul><li>Technically, the SET Index is expected to weaken, with the support at 1,332/1,322 points and the resistance at 1,349/1,355 points.</li><li>In the short term, it is in a downtrend, forming a rounding-top pattern and moving deeper to test the key support at 1,300 points.</li><li>Investment strategy: It is recommended to wait for new technical buy signals before buying.</li></ul>

Technically, the SET Index is expected to weaken, with the support at 1,332/1,322 points and the resistance at 1,349/1,355 points.In the short term, it is in a downtrend, forming a rounding-top pattern and moving deeper to test the key support at 1,300 points.Investment strategy: It is recommended to wait for new technical buy signals before buying.

<ul><li>Technically, the SET Index is expected to rise, anticipating window dressing ahead of the fiscal year-end.</li><li>For the weekly strategy, we recommend buying, as the market's return on investment remains attractive, particularly in the banking and insurance sectors.</li><li>These factors lead us to believe that stocks in the commercial banking sector have the greatest potential to outperform in 1Q25; as such, we recommend a Buy rating.</li></ul>

Technically, the SET Index is expected to rise, anticipating window dressing ahead of the fiscal year-end.For the weekly strategy, we recommend buying, as the market's return on investment remains attractive, particularly in the banking and insurance sectors.These factors lead us to believe that stocks in the commercial banking sector have the greatest potential to outperform in 1Q25; as such, we recommend a Buy rating.

Thailand

Com7 Public Company Limited is a Thai retailer primarily engaged in selling IT products, mobile phones, and accessories, including desktop computers, laptops, and various lifestyle devices. The company also offers repair services for IT gadgets and financial services for mobiles. Founded in 2004, its headquarters are in Bangkok, Thailand.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Com7 (COM7-R TB)

US Earnings & FOMC Meeting

From a tactical perspective, the SET Index is expected to rise, with the resistance at 1,354/1,360 points and the support at 1,340/1,334...

Krungthai XSpring

Today's Dominant Ideas

Technically, the SET Index is expected to rise, with the resistance at 1,360/1,364 points and the support at 1,343/1,338 points. Investors are...

Krungthai XSpring

US Retail Sales and 4Q24 Earnings Results

Technically, the SET Index is expected to move sideways up, with the resistance at 1,360/1,365 points and the support at 1,344/1,340 points. US:...

Krungthai XSpring

US Inflation and 4Q24 Earnings Results

Technically, the SET Index is expected to weaken, with the support at 1,332/1,322 points and the resistance at 1,349/1,355 points. In the short...

Krungthai XSpring

Window Dressing (Santa Claus Rally)

Technically, the SET Index is expected to rise, anticipating window dressing ahead of the fiscal year-end. For the weekly strategy, we recommend...

Krungthai XSpring

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)