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

<ul><li>Technically, the SET Index is expected to move sideways up, with the resistance at 1,570 points and the support at 1,550/1,540 points.</li><li>Should the Fed indicate a prolonged period of elevated interest rates to combat persistent inflation, we anticipate adverse consequences for both domestic and global equity markets.</li><li>We expect the figure in July to have contracted further by -8.3% YoY (vs. -6.4% YoY in June).</li></ul>

Technically, the SET Index is expected to move sideways up, with the resistance at 1,570 points and the support at 1,550/1,540 points.Should the Fed indicate a prolonged period of elevated interest rates to combat persistent inflation, we anticipate adverse consequences for both domestic and global equity markets.We expect the figure in July to have contracted further by -8.3% YoY (vs. -6.4% YoY in June).

Keep a Close Watch on the Fed's Stance and the Thai Export Figure in July

SPVI

Keep a Close Watch on the Fed's Stance and the Thai Export Figure in July