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 Index is expected to remain volatile today, with resistance at 1,273/1,284 points and support at 1,260/1,250 points.</li><li>Domestically, sentiment has turned positive after parliament approved Anutin Charnvirakul as the new Prime Minister, helping restore investor confidence.</li><li>The next step is royal endorsement, followed by the appointment of the new Cabinet.</li></ul>

The SET Index is expected to remain volatile today, with resistance at 1,273/1,284 points and support at 1,260/1,250 points.Domestically, sentiment has turned positive after parliament approved Anutin Charnvirakul as the new Prime Minister, helping restore investor confidence.The next step is royal endorsement, followed by the appointment of the new Cabinet.

Krungthai XSpring Zoom Eng. September 8, 2025

<ul><li>The SET Index is expected to trade sideways up today, with the resistance at 1,268/1,284 and the support at 1,251/1,238.</li><li>The US Department of Labor released the JOLTS Job Openings survey, showing that job openings—a key measure of labor market demand—fell by 170k to 7.18mn positions in July, below analysts’ forecast of 7.38mn and down from 7.437mn in June.</li><li>The Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB) projects Thailand’s GDP growth at 1.8–2.2% in 2025, with exports expected to grow 2–3% and inflation at 0.5–1.0%.</li></ul>

The SET Index is expected to trade sideways up today, with the resistance at 1,268/1,284 and the support at 1,251/1,238.The US Department of Labor released the JOLTS Job Openings survey, showing that job openings—a key measure of labor market demand—fell by 170k to 7.18mn positions in July, below analysts’ forecast of 7.38mn and down from 7.437mn in June.The Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB) projects Thailand’s GDP growth at 1.8–2.2% in 2025, with exports expected to grow 2–3% and inflation at 0.5–1.0%.

Krungthai XSpring Zoom Eng. September 4, 2025

<ul><li>President Trump’s threat to raise tariffs on imports from Europe and China pressured Asian markets and the SET to move lower.</li><li>Although the index tumbled, no negative signals emerged to further weigh on it.</li><li>We recommend selective speculation while expecting the index to show limited downside or move sideways in the near term.</li></ul>

President Trump’s threat to raise tariffs on imports from Europe and China pressured Asian markets and the SET to move lower.Although the index tumbled, no negative signals emerged to further weigh on it.We recommend selective speculation while expecting the index to show limited downside or move sideways in the near term.

Krungthai XSpring Technical Eng. August 27, 2025

<ul><li>The SET rebounded in line with Asian bourses, boosted by Fed Chair Jerome Powell’s signal of a potential interest rate cut.</li><li>The quick recovery of blue-chip stocks, which had previously declined, strengthened overall market sentiment, as there was no heavy selling pressure to weigh on the index.</li><li>We recommend selective speculation, as the index is expected to continue climbing and stocks are likely to move in a rotation of gains and pullbacks.</li></ul>

The SET rebounded in line with Asian bourses, boosted by Fed Chair Jerome Powell’s signal of a potential interest rate cut.The quick recovery of blue-chip stocks, which had previously declined, strengthened overall market sentiment, as there was no heavy selling pressure to weigh on the index.We recommend selective speculation, as the index is expected to continue climbing and stocks are likely to move in a rotation of gains and pullbacks.

Krungthai XSpring Technical Eng. August 26, 2025

<ul><li>The SET Index is expected to continue rising today, with the support at 1,250/1,231 points and the resistance at 1,260/1,274 points.</li><li>US: Fed Chair Jerome Powell signaled the possibility of an interest rate cut at the Jackson Hole meeting, noting that “the labor market now faces greater downside risks” and that “the impact of import tariffs on prices may be relatively short lived.”</li><li>TH: The focus today will be on Thailand’s September export report. Bloomberg consensus expects growth of around 10% YoY.</li></ul>

The SET Index is expected to continue rising today, with the support at 1,250/1,231 points and the resistance at 1,260/1,274 points.US: Fed Chair Jerome Powell signaled the possibility of an interest rate cut at the Jackson Hole meeting, noting that “the labor market now faces greater downside risks” and that “the impact of import tariffs on prices may be relatively short lived.”TH: The focus today will be on Thailand’s September export report. Bloomberg consensus expects growth of around 10% YoY.

Krungthai XSpring Zoom Eng. August 25, 2025

China

Shenzhen MTC Co., Ltd. develops, designs, manufactures and sells consumer electronics.  The Company's products include LCD television, digital set-top box, disc player, and multimedia audio system.

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

Shenzhen Mtc Co Ltd A (002429 CH)

Krungthai XSpring Zoom Eng. September 8, 2025

Domestically, sentiment has turned positive after parliament approved Anutin Charnvirakul as the new Prime Minister, helping restore investor...

Krungthai XSpring

Krungthai XSpring Zoom Eng. September 4, 2025

The US Department of Labor released the JOLTS Job Openings survey, showing that job openings—a key measure of labor market demand—fell by 170k to...

Krungthai XSpring

Krungthai XSpring Technical Eng. August 27, 2025

President Trump’s threat to raise tariffs on imports from Europe and China pressured Asian markets and the SET to move lower.

Krungthai XSpring

Krungthai XSpring Technical Eng. August 26, 2025

The SET rebounded in line with Asian bourses, boosted by Fed Chair Jerome Powell’s signal of a potential interest rate cut.

Krungthai XSpring

Krungthai XSpring Zoom Eng. August 25, 2025

The SET Index is expected to continue rising today, with the support at 1,250/1,231 points and the resistance at 1,260/1,274 points.

Krungthai XSpring

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)