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.

A full service Thai brokerage

Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

Thematic (Sector/Industry)

Germany Banks / Thematic (Sector/Industry)

<ul><li>Technically, the SET Index is expected to decline, with the support at 1,348/1,340 points and the resistance at 1,367/1,374 points.</li><li>The consensus estimate calls for the aggregate earnings of eight banks (BAY, BBL, KBANK, KKP, KTB, SCB, TISCO and TTB) to increase 4.7% YoY and 22.1% QoQ to Bt61,523mn.</li><li>We recommend stocks with positive factors: GFPT, MC and MOSHI.</li></ul>

Technically, the SET Index is expected to decline, with the support at 1,348/1,340 points and the resistance at 1,367/1,374 points.The consensus estimate calls for the aggregate earnings of eight banks (BAY, BBL, KBANK, KKP, KTB, SCB, TISCO and TTB) to increase 4.7% YoY and 22.1% QoQ to Bt61,523mn.We recommend stocks with positive factors: GFPT, MC and MOSHI.

1Q24 Earnings of Thai Banks