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

Technical Analysis

<ul><li>Despite a slight rise in the SET, the lack of boosting factors and limited buying power made it difficult for the surge to gain momentum.</li><li>The index has stopped its downward trajectory but has yet to show clear positive signals.</li><li>The index is expected to move sideways because we believe it has absorbed the selling force and is waiting for a reversal signal; hence, we recommend holding cash.</li></ul>

Despite a slight rise in the SET, the lack of boosting factors and limited buying power made it difficult for the surge to gain momentum.The index has stopped its downward trajectory but has yet to show clear positive signals.The index is expected to move sideways because we believe it has absorbed the selling force and is waiting for a reversal signal; hence, we recommend holding cash.

Krungthai XSpring Technical Eng. June 6, 2024

Indorama Ventures

Krungthai XSpring Technical Eng. June 6, 2024