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)

Thailand Consumer staples distribution and retail / Thematic (Sector/Industry)

<ul><li>The Retail Sentiment Index (RSI) softened in May 2026 due to seasonal factors and weaker purchasing power stemming from higher energy costs.</li><li>These companies are expected to deliver 2-year EPS CAGR of 10%, 12%, and 16%, respectively, outperforming the retail sector average of 8.3%.</li><li>The decline in the RSI during May was broad-based across all key components.</li></ul>

The Retail Sentiment Index (RSI) softened in May 2026 due to seasonal factors and weaker purchasing power stemming from higher energy costs.These companies are expected to deliver 2-year EPS CAGR of 10%, 12%, and 16%, respectively, outperforming the retail sector average of 8.3%.The decline in the RSI during May was broad-based across all key components.

CPALL, TFG, And MOSHI Lead On Margin Resilience, With 2Y Earnings CAGR Of 10%, 12%, And 16%