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>Crude oil prices continued to decline (Brent -7.1%) after Trump posted on Truth Social that negotiations with Iran were progressing well.</li><li>Thailand’s April exports expanded 23.1% YoY (vs. market expectation of +20%), mainly driven by electronics exports.</li><li>Thailand’s April automobile production was flat YoY at 104k units, pressured by weaker export demand, particularly a sharp decline in pickup truck exports to the Middle East due to the war impact.</li></ul>

Crude oil prices continued to decline (Brent -7.1%) after Trump posted on Truth Social that negotiations with Iran were progressing well.Thailand’s April exports expanded 23.1% YoY (vs. market expectation of +20%), mainly driven by electronics exports.Thailand’s April automobile production was flat YoY at 104k units, pressured by weaker export demand, particularly a sharp decline in pickup truck exports to the Middle East due to the war impact.

Global Power Synergy Company Ltd (GPSC TB)

Krungthai XSpring Zoom Eng. May 26, 2026