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>The SET Index is expected to move sideways down, with the resistance at 1,612/1,620 points and the support at 1,595/1,588 points.</li><li>Overall, the investment momentum is negative due to concerns over earnings results and Fed rate hikes.</li><li>We expect the index to move sideways or sideways up and recommend selective speculation, with the focus on medium to large cap stocks.</li></ul>

The SET Index is expected to move sideways down, with the resistance at 1,612/1,620 points and the support at 1,595/1,588 points.Overall, the investment momentum is negative due to concerns over earnings results and Fed rate hikes.We expect the index to move sideways or sideways up and recommend selective speculation, with the focus on medium to large cap stocks.

PTT Exploration & Production / Equity Bottom-Up

<ul><li>The SET Index is expected to move sideways up, with the resistance at 1,570/1,580 points and the support at 1,550/1,540 points.</li><li>We recommend trading buy on PTTEP, PTT and SAPPE.</li><li>Positive momentum may be generated by the sharp drop in the US 10Y bond yield by 17 bps, which should lead to rebounds in Asian equity markets, including the Thai market.</li></ul>

The SET Index is expected to move sideways up, with the resistance at 1,570/1,580 points and the support at 1,550/1,540 points.We recommend trading buy on PTTEP, PTT and SAPPE.Positive momentum may be generated by the sharp drop in the US 10Y bond yield by 17 bps, which should lead to rebounds in Asian equity markets, including the Thai market.

<ul><li>The SET Index is expected to move sideways up, with the resistance at 1,666/1,673 points and the support at 1,647 points (10-day EMA)/1,641 points.</li><li>We recommend trading buy on TIDLOR, CENTEL and KAMART.</li><li>Technically, the index may remain on an uptrend after it was able to surpass the 10-day EMA at 1,647 points.</li></ul>

The SET Index is expected to move sideways up, with the resistance at 1,666/1,673 points and the support at 1,647 points (10-day EMA)/1,641 points.We recommend trading buy on TIDLOR, CENTEL and KAMART.Technically, the index may remain on an uptrend after it was able to surpass the 10-day EMA at 1,647 points.

<ul><li>The SET Index is expected to move sideways up, with the resistance at 1,665/1,673 points and the support at 1,637/1,625 points (10/25-day EMA).</li><li>We recommend trading buy on ERW, MTC and BJC.</li><li>Technically, there is an uptrend signal, with the existing target resistance at 1,665/1,693 points.</li></ul>

The SET Index is expected to move sideways up, with the resistance at 1,665/1,673 points and the support at 1,637/1,625 points (10/25-day EMA).We recommend trading buy on ERW, MTC and BJC.Technically, there is an uptrend signal, with the existing target resistance at 1,665/1,693 points.

<ul><li>The SET Index is expected to move sideways up, with the resistance at 1,650/1,666 points and the support at 1,631 points (10-day EMA)/1,620 points (25-day EMA).</li><li>We recommend trading buy on COM7, SPVI and BDMS.</li><li>Technically, the index seems to have remained in an uptrend, with continued increases in the low and high points each day; there will be more buy signs if it surpasses the previous resistance at 1,650 points.</li></ul>

The SET Index is expected to move sideways up, with the resistance at 1,650/1,666 points and the support at 1,631 points (10-day EMA)/1,620 points (25-day EMA).We recommend trading buy on COM7, SPVI and BDMS.Technically, the index seems to have remained in an uptrend, with continued increases in the low and high points each day; there will be more buy signs if it surpasses the previous resistance at 1,650 points.

China

MMTEC, Inc. provides online trading services. The Company offers Internet-based technology services and solutions in securities market transactions and settlements. MMTEC serves investment advisors, proprietary trading groups, and brokerage firms worldwide.

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MMTEC Inc (MTC US)

Market Outlook

The SET Index is expected to move sideways down, with the resistance at 1,612/1,620 points and the support at 1,595/1,588 points. Overall, the...

Krungthai XSpring

Market Outlook and Technical Analysis

The SET Index is expected to move sideways up, with the resistance at 1,570/1,580 points and the support at 1,550/1,540 points. We recommend...

Krungthai XSpring

Recommendation: Selective Speculation

The SET Index is expected to move sideways up, with the resistance at 1,666/1,673 points and the support at 1,647 points (10-day EMA)/1,641...

Krungthai XSpring

Market Outlook

The SET Index is expected to move sideways up, with the resistance at 1,665/1,673 points and the support at 1,637/1,625 points (10/25-day EMA). We...

Krungthai XSpring

Market Outlook and Recommendations

The SET Index is expected to move sideways up, with the resistance at 1,650/1,666 points and the support at 1,631 points (10-day EMA)/1,620 points...

Krungthai XSpring

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)