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)

Iran Financials / Thematic (Sector/Industry)

<ul><li>Thailand: Thailand’s 4Q25 GDP expanded by 2.5% YoY and 1.9% QoQ, exceeding consensus estimates of +1.3% YoY and +0.6% QoQ.</li><li>Oil: Brent crude rose 1.33% this morning after Iran conducted naval drills in the Strait of Hormuz, amid rising tensions between the US and Iran.</li><li>Fed Minutes: The release of the January FOMC meeting minutes will be closely watched on February 18, particularly for further signals on the interest rate outlook.</li></ul>

Thailand: Thailand’s 4Q25 GDP expanded by 2.5% YoY and 1.9% QoQ, exceeding consensus estimates of +1.3% YoY and +0.6% QoQ.Oil: Brent crude rose 1.33% this morning after Iran conducted naval drills in the Strait of Hormuz, amid rising tensions between the US and Iran.Fed Minutes: The release of the January FOMC meeting minutes will be closely watched on February 18, particularly for further signals on the interest rate outlook.

Krungthai XSpring Zoom Eng. February 17, 2026