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 sideways up, with the resistance at 1,390/1,397 points (50-day EMA) and the support at 1,379/1,370 points.</li><li>A technical buy signal has emerged following a robust positive close on Friday, breaking through the initial resistance at 1,379 points.</li><li>Moreover, there is a confirming signal suggesting that the index could advance to 1,416 points upon surpassing the previous resistance level of 1,390 points.</li></ul>

Technically, the SET Index is expected to move sideways up, with the resistance at 1,390/1,397 points (50-day EMA) and the support at 1,379/1,370 points.A technical buy signal has emerged following a robust positive close on Friday, breaking through the initial resistance at 1,379 points.Moreover, there is a confirming signal suggesting that the index could advance to 1,416 points upon surpassing the previous resistance level of 1,390 points.

Keep a Close Watch on Thai Inflation as Well as the Service PMIs in January for the US, EU and China