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>Asian markets experienced mixed movements, with Tokyo witnessing a significant plummet despite growing speculation that the Fed might consider interest rate cuts.</li><li>The index turned down to the 1/2 Fibonacci support at 1,372 points after attempting to breach the resistance.</li><li>We expect the index to move sideways, and it would bounce up quickly if it can stand above 1,372 points.</li></ul>

Asian markets experienced mixed movements, with Tokyo witnessing a significant plummet despite growing speculation that the Fed might consider interest rate cuts.The index turned down to the 1/2 Fibonacci support at 1,372 points after attempting to breach the resistance.We expect the index to move sideways, and it would bounce up quickly if it can stand above 1,372 points.

Krungthai XSpring Technical Eng. May 9, 2024

Thailand SET Index

Krungthai XSpring Technical Eng. May 9, 2024