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

Cross Asset Strategy

Multiple Countries / Cross Asset Strategy

<ul><li>Technically, the SET Index is expected to move in a sideways-down pattern, with the support at 1,406 and 1,397 points (10-day EMA); the resistance is at 1,422/1,431 points.</li><li>The consensus expects the ECB to cut its policy rate by 25 bps to 4.0% (from 4.25%), the deposit facility rate to 3.5% (from 3.75%), and the marginal lending rate to 4.25% (from 4.5%) at its meeting on September 12.</li><li>We recommend stocks with positive outlooks: MINT, AP, and HMPRO.</li></ul>

Technically, the SET Index is expected to move in a sideways-down pattern, with the support at 1,406 and 1,397 points (10-day EMA); the resistance is at 1,422/1,431 points.The consensus expects the ECB to cut its policy rate by 25 bps to 4.0% (from 4.25%), the deposit facility rate to 3.5% (from 3.75%), and the marginal lending rate to 4.25% (from 4.5%) at its meeting on September 12.We recommend stocks with positive outlooks: MINT, AP, and HMPRO.

ECB Meeting