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>US GDP grew by 3.0% QoQ in 2Q24, raising the annual growth rate to 3.1% YoY (up from 2.9% YoY in 1Q24).</li><li>Given these factors, we recommend selling if the index moves within the 1,410-1,457 point range and waiting to buy back when the index corrects to the 1,360-1,410 point range.</li><li>Japan's economy is showing signs of a recovery, with annualized GDP growth for 2Q24 rebounding to 2.9% YoY, up from -2.4% YoY in 1Q24.</li></ul>

US GDP grew by 3.0% QoQ in 2Q24, raising the annual growth rate to 3.1% YoY (up from 2.9% YoY in 1Q24).Given these factors, we recommend selling if the index moves within the 1,410-1,457 point range and waiting to buy back when the index corrects to the 1,360-1,410 point range.Japan's economy is showing signs of a recovery, with annualized GDP growth for 2Q24 rebounding to 2.9% YoY, up from -2.4% YoY in 1Q24.

Stock Exchange of Thailand SET 50 Index (SET50 INDEX)

Keep a Close Watch on Three Major Central Bank Meetings