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

Thematic (Sector/Industry)

Thailand Financials / Thematic (Sector/Industry)

<ul><li>The SET dipped slightly in early trading amid anticipation of 4Q25 rebound led by DELTA, ADVANC, GULF and AOT, together with gains across hospital, banking, finance, commerce and petrol stocks.</li><li>The index advanced for three consecutive sessions, gaining 40.3 points on rising volume.</li><li>We recommend selective speculation, as recovery signals are emerging and the index is transitioning into a sideways phase that could evolve into an uptrend.</li></ul>

The SET dipped slightly in early trading amid anticipation of 4Q25 rebound led by DELTA, ADVANC, GULF and AOT, together with gains across hospital, banking, finance, commerce and petrol stocks.The index advanced for three consecutive sessions, gaining 40.3 points on rising volume.We recommend selective speculation, as recovery signals are emerging and the index is transitioning into a sideways phase that could evolve into an uptrend.

Krungthai XSpring Technical Eng. January 19, 2026