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

Equity Bottom-Up

<ul><li>We recommend selling JMART, as the return has fallen to our threshold for stopping losses.</li><li>Yesterday, our Big Cap portfolio generated a return of +0.02% vs. the SET Index's return of -0.70%.</li><li>The share prices of reopening plays increased after the MPC revised up its foreign tourist arrival forecasts for 2022-23E to 9.50mn and 21mn, respectively (vs. 6mn in 2022E and 19mn in 2023E previously).</li></ul>

We recommend selling JMART, as the return has fallen to our threshold for stopping losses.Yesterday, our Big Cap portfolio generated a return of +0.02% vs. the SET Index's return of -0.70%.The share prices of reopening plays increased after the MPC revised up its foreign tourist arrival forecasts for 2022-23E to 9.50mn and 21mn, respectively (vs. 6mn in 2022E and 19mn in 2023E previously).

Jaymart Group

Big Cap Tactical Picks