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>Technically, the SET Index is expected to move sideways up to the resistance at 1,395 points (75-day EMA)/1,400 points, with the support at 1,378/1,373 points.</li><li>The index may be positively impacted by the BoJ potentially signaling an end to its negative policy interest rate.</li><li>However, the potential index gain is expected to be limited as investors are waiting for the FOMC meeting result tomorrow. </li></ul>

Technically, the SET Index is expected to move sideways up to the resistance at 1,395 points (75-day EMA)/1,400 points, with the support at 1,378/1,373 points.The index may be positively impacted by the BoJ potentially signaling an end to its negative policy interest rate.However, the potential index gain is expected to be limited as investors are waiting for the FOMC meeting result tomorrow. 

External broker reports(aggregated public sources), Nordea

Nordea

External broker reports(aggregated public sources)

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Macroeconomics

<ul>
<li>In July, we observe a significant decrease in overall risk levels.</li>
<li>Currently, there are no currencies labeled as high risk, and 27 currencies are labeled as low risk.</li>
<li>Regarding the Russian ruble, it remains in the green territory.</li>
</ul>
<p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>


In July, we observe a significant decrease in overall risk levels.
Currently, there are no currencies labeled as high risk, and 27 currencies are labeled as low risk.
Regarding the Russian ruble, it remains in the green territory.

Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Thailand

The Thai baht is the official currency of Thailand. 

THB (USDTHB CURNCY)

KTX Zoom - MARCH 19, 2024

Technically, the SET Index is expected to move sideways up to the resistance at 1,395 points (75-day EMA)/1,400 points, with the support at 1,378...

Krungthai XSpring

EM Traffic Light July 2023

In July, we observe a significant decrease in overall risk levels. Currently, there are no currencies labeled as high risk, and 27 currencies are...

Nordea