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>Asian bourses were mixed during the Christmas period, while the baht strengthened, raising hopes of fund inflows, with foreign investors buying for a fifth consecutive day.</li><li>During this period, the index is likely to rely on domestic buying support from Thai ESG funds, RMFs, and window dressing, as many overseas markets are closed for Christmas.</li><li>Accordingly, we recommend buying on dips and selling on rallies, as the index is expected to remain volatile.</li></ul>

Asian bourses were mixed during the Christmas period, while the baht strengthened, raising hopes of fund inflows, with foreign investors buying for a fifth consecutive day.During this period, the index is likely to rely on domestic buying support from Thai ESG funds, RMFs, and window dressing, as many overseas markets are closed for Christmas.Accordingly, we recommend buying on dips and selling on rallies, as the index is expected to remain volatile.

Krungthai XSpring Technical Eng. December 25, 2025

<ul><li>Asian bourses continued to rebound in line with the US market ahead of the Christmas period, while the SET lacked fresh catalysts.</li><li>Market sentiment remains supported by positive investor psychology driven by fund inflows, alongside expectations of buying from Thai ESG funds and RMFs.</li><li>Nevertheless, we recommend buying on dips and selling on rallies, as trading volume remains thin, keeping the index volatile.</li></ul>

Asian bourses continued to rebound in line with the US market ahead of the Christmas period, while the SET lacked fresh catalysts.Market sentiment remains supported by positive investor psychology driven by fund inflows, alongside expectations of buying from Thai ESG funds and RMFs.Nevertheless, we recommend buying on dips and selling on rallies, as trading volume remains thin, keeping the index volatile.

Krungthai XSpring Technical Eng. December 24, 2025

<ul><li>Asian bourses rebounded in line with US markets, while DELTA surged, supported by gains in ADVANC, SCC, and stocks in the energy, petrochemical, and tourism sectors, driving the SET sharply higher.</li><li>The index rebounded from the 1,250-point support after testing this level several times, indicating that selling pressure has largely been absorbed.</li><li>Hence, we recommend buying on dips and selling on rallies, as volatility is expected to increase amid the lack of strong trading volume.</li></ul>

Asian bourses rebounded in line with US markets, while DELTA surged, supported by gains in ADVANC, SCC, and stocks in the energy, petrochemical, and tourism sectors, driving the SET sharply higher.The index rebounded from the 1,250-point support after testing this level several times, indicating that selling pressure has largely been absorbed.Hence, we recommend buying on dips and selling on rallies, as volatility is expected to increase amid the lack of strong trading volume.

Krungthai XSpring Technical Eng. December 23, 2025

<ul><li>The market lacked new catalysts, while blue-chip stocks took turns leading the index.</li><li>At least the index attempted to rebound and consistently held above the 1,250-point level.</li><li>We maintain a positive view that the index can hold above its support level and rebound.</li></ul>

The market lacked new catalysts, while blue-chip stocks took turns leading the index.At least the index attempted to rebound and consistently held above the 1,250-point level.We maintain a positive view that the index can hold above its support level and rebound.

Krungthai XSpring Technical Eng. December 22, 2025

<ul><li>The SET opened higher on gains in banking stocks but was weighed down by declines in DELTA, as well as finance, hospital, commerce, and energy stocks.</li><li>Although selling pressure spread across a broad range of sectors, the index managed to hold above the 1,250-point support level.</li><li>Therefore, we continue to recommend buying at the support, viewing these levels as attractive entry points, as the index has rebounded several times from this area in the past.</li></ul>

The SET opened higher on gains in banking stocks but was weighed down by declines in DELTA, as well as finance, hospital, commerce, and energy stocks.Although selling pressure spread across a broad range of sectors, the index managed to hold above the 1,250-point support level.Therefore, we continue to recommend buying at the support, viewing these levels as attractive entry points, as the index has rebounded several times from this area in the past.

Krungthai XSpring Technical Eng. DECEMBER 19, 2025

Malaysia

SCC Holdings Bhd. is an investment holding company. The Company's subsidiaries are involved in the sales, marketing, and distribution of non-antibiotic animal health products and the sales, marketing, and distribution of food service equipment.

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

Scc Holdings (SCHB MK)

Krungthai XSpring Technical Eng. December 25, 2025

Asian bourses were mixed during the Christmas period, while the baht strengthened, raising hopes of fund inflows, with foreign investors buying for...

Krungthai XSpring

Krungthai XSpring Technical Eng. December 24, 2025

Asian bourses continued to rebound in line with the US market ahead of the Christmas period, while the SET lacked fresh catalysts.

Krungthai XSpring

Krungthai XSpring Technical Eng. December 23, 2025

The index rebounded from the 1,250-point support after testing this level several times, indicating that selling pressure has largely been absorbed.

Krungthai XSpring

Krungthai XSpring Technical Eng. December 22, 2025

The market lacked new catalysts, while blue-chip stocks took turns leading the index. At least the index attempted to rebound and consistently held...

Krungthai XSpring

Krungthai XSpring Technical Eng. DECEMBER 19, 2025

The SET opened higher on gains in banking stocks but was weighed down by declines in DELTA, as well as finance, hospital, commerce, and energy stocks.

Krungthai XSpring

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)