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

Bangkok Dusit Medical Services / Equity Bottom-Up

<ul><li>Technically, the SET Index is expected to move in a sideways-up pattern, with the resistance at 1,471/1,477 points and the support at 1,451/1,447 points.</li><li>The final reading for 2Q24E GDP growth is expected to remain at +3% QoQ (compared to 1.4% in 1Q24).</li><li>The final report for 2Q24E is expected to show a decline in core PCE growth to +2.8% QoQ (down from +3.7% in 1Q24).</li></ul>

Technically, the SET Index is expected to move in a sideways-up pattern, with the resistance at 1,471/1,477 points and the support at 1,451/1,447 points.The final reading for 2Q24E GDP growth is expected to remain at +3% QoQ (compared to 1.4% in 1Q24).The final report for 2Q24E is expected to show a decline in core PCE growth to +2.8% QoQ (down from +3.7% in 1Q24).

Final Reading of US 2Q24E GDP and Core PCE