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.

Thematic (Sector/Industry)

<ul><li>The SET rebounded in line with Asian stock markets amid growing hopes for an end to the conflict between the US and Iran.</li><li>The index successfully reached a new high and managed to stay above the 1,550-point level.</li><li>Nevertheless, although the index is expected to extend its gains, volatility is likely to increase due to profit-taking pressure.</li></ul>

The SET rebounded in line with Asian stock markets amid growing hopes for an end to the conflict between the US and Iran.The index successfully reached a new high and managed to stay above the 1,550-point level.Nevertheless, although the index is expected to extend its gains, volatility is likely to increase due to profit-taking pressure.

Krungthai XSpring Technical Eng. May 26, 2026

<ul><li>As of May 15, 2026, a total of 714 listed companies on the SET index (accounting for 99% of total market capitalization) have reported their earnings.</li><li>Their combined net profit for 1Q26 stood at Bt352,956mn, an increase of +50.1% QoQ and +24.0% YoY.</li><li>Excluding Energy, Petrochemicals, and Commercial Banking, their net profit was valued at Bt126,744mn, expanding +21.5% QoQ and +15.7% YoY, which also beat the Bloomberg Consensus estimate by 8.5%.</li></ul>

As of May 15, 2026, a total of 714 listed companies on the SET index (accounting for 99% of total market capitalization) have reported their earnings.Their combined net profit for 1Q26 stood at Bt352,956mn, an increase of +50.1% QoQ and +24.0% YoY.Excluding Energy, Petrochemicals, and Commercial Banking, their net profit was valued at Bt126,744mn, expanding +21.5% QoQ and +15.7% YoY, which also beat the Bloomberg Consensus estimate by 8.5%.

Special Report: 1Q26 Performance Was Relatively Strong And Better Than Expected

<ul><li>The 10-year US Treasury yield surging to a new year-to-date high above 4.50%, coupled with a 0.82% depreciation of the Thai Baht, could stall foreign capital inflows and put pressure on large-cap stocks.</li><li>Brent crude oil prices jumped +3.35% following a New York Times report suggesting that the US and Israel might launch another strike against Iran this week.</li><li>The US-China summit concluded without any concrete or tangible outcomes.</li></ul>

The 10-year US Treasury yield surging to a new year-to-date high above 4.50%, coupled with a 0.82% depreciation of the Thai Baht, could stall foreign capital inflows and put pressure on large-cap stocks.Brent crude oil prices jumped +3.35% following a New York Times report suggesting that the US and Israel might launch another strike against Iran this week.The US-China summit concluded without any concrete or tangible outcomes.

<ul><li>The summit between the Chinese and US leaders begins today, with trade and advanced technology expected to be the key negotiation topics.</li><li>The “BOI Fast Pass” measure supported FDI investment value growth of 18% YoY to Bt260bn in 1Q26.</li><li>The MPC viewed that further policy rate cuts would increase inflation risks, implying that the scope for additional rate reductions is fairly limited.</li></ul>

The summit between the Chinese and US leaders begins today, with trade and advanced technology expected to be the key negotiation topics.The “BOI Fast Pass” measure supported FDI investment value growth of 18% YoY to Bt260bn in 1Q26.The MPC viewed that further policy rate cuts would increase inflation risks, implying that the scope for additional rate reductions is fairly limited.

<ul><li>The Finance Ministry is set to propose the Bt200bn borrowing package to the cabinet today to fund cost-of-living relief measures.</li><li>Crude oil prices rose 2.80% after signs the ceasefire agreement may collapse, while the Strait of Hormuz remains largely closed.</li><li>The opposition party submitted a petition to the House Speaker requesting the Constitutional Court to rule on whether the Bt400bn emergency loan decree violates the constitution.</li></ul>

The Finance Ministry is set to propose the Bt200bn borrowing package to the cabinet today to fund cost-of-living relief measures.Crude oil prices rose 2.80% after signs the ceasefire agreement may collapse, while the Strait of Hormuz remains largely closed.The opposition party submitted a petition to the House Speaker requesting the Constitutional Court to rule on whether the Bt400bn emergency loan decree violates the constitution.

Thailand

PTT Global Chemical is a Thai petrochemical company that specializes in synthesizing olefins and aromatics. It also engages in crude oil and condensate refining, and produces polymers, green chemicals, and performance chemicals. The company's products serve various industries including packaging, automotive, and construction. PTT Global Chemical was founded on October 19, 2011, and is headquartered 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

PTT Global Chemical (PTTGC TB)

Krungthai XSpring Technical Eng. May 26, 2026

The SET rebounded in line with Asian stock markets amid growing hopes for an end to the conflict between the US and Iran.

Krungthai XSpring

Special Report: 1Q26 Performance Was Relatively Strong And Better Than Expected

As of May 15, 2026, a total of 714 listed companies on the SET index (accounting for 99% of total market capitalization) have reported their earnings.

Krungthai XSpring

Krungthai XSpring Zoom Eng. May 18, 2026

Brent crude oil prices jumped +3.35% following a New York Times report suggesting that the US and Israel might launch another strike against Iran...

Krungthai XSpring

Krungthai XSpring Zoom Eng. May 14, 2026

The summit between the Chinese and US leaders begins today, with trade and advanced technology expected to be the key negotiation topics.

Krungthai XSpring

Krungthai XSpring Zoom Eng. May 12, 2026

The opposition party submitted a petition to the House Speaker requesting the Constitutional Court to rule on whether the Bt400bn emergency loan...

Krungthai XSpring

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)