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 likely to recover, with the expected rebound point at 1,461 points, which was the lowest level reached this year on June 29.</li><li>The risk of a US government shutdown has been temporarily averted, with both houses of Congress approving a draft budget bill.</li><li>The Core PCE Price Index for August turned out lower than expected at +0.1% MoM and +3.9% YoY (down significantly from July at +0.2% MoM and +4.3% YoY).</li></ul>

Technically, the SET Index is likely to recover, with the expected rebound point at 1,461 points, which was the lowest level reached this year on June 29.The risk of a US government shutdown has been temporarily averted, with both houses of Congress approving a draft budget bill.The Core PCE Price Index for August turned out lower than expected at +0.1% MoM and +3.9% YoY (down significantly from July at +0.2% MoM and +4.3% YoY).

Expect Index Rebound in Early 4Q23 and No US Government Shutdown