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.

Index Rebalance

Stock Exchange of Thailand SET 50 Index / Index Rebalance

Stock Exchange of Thailand SET 50 Index (SET50 INDEX)

<ul><li>We expect the stocks newly added to the SET50/SET100 Indexes in 2H23 to weaken in the first two weeks after the official announcement, based on three-year historical data.</li><li>This could provide a good opportunity to accumulate stocks for investment.</li><li>Based on KTX's model, we recommend speculating on ERW, TASCO and STEC owing to the expectation of higher returns in the short term.</li></ul>

We expect the stocks newly added to the SET50/SET100 Indexes in 2H23 to weaken in the first two weeks after the official announcement, based on three-year historical data.This could provide a good opportunity to accumulate stocks for investment.Based on KTX's model, we recommend speculating on ERW, TASCO and STEC owing to the expectation of higher returns in the short term.

SET50/SET100 Indexes for 2H23, Effective on July 3 Onward

Thailand

The Thailand SET 50 Index is a capitalization-weighted index based on the top 50 stocks listed on the Bangkok SET index having high market capitalizatin and high liquidity. The index was developed with a base value of 100 as of August 16 1995

SET50/SET100 Indexes for 2H23, Effective on July 3 Onward

We expect the stocks newly added to the SET50/SET100 Indexes in 2H23 to weaken in the first two weeks after the official announcement, based on...

Krungthai XSpring