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>Technically, the index is likely to weaken further given the clear negative signals, including the downtrend price pattern and the ongoing decline in the MACD.</li><li>These key leaders of central banks are expected to signal more hawkish stances, which would weigh on global economic growth in 2H23E.</li><li>Eight banks out of 25 with assets exceeding USD100bn are expected to be at risk of capital increases.</li></ul>

Technically, the index is likely to weaken further given the clear negative signals, including the downtrend price pattern and the ongoing decline in the MACD.These key leaders of central banks are expected to signal more hawkish stances, which would weigh on global economic growth in 2H23E.Eight banks out of 25 with assets exceeding USD100bn are expected to be at risk of capital increases.

Krungthai XSpring Zoom Eng. June 28, 2023