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>Thailand’s 1Q25E economy remained strong on the demand side (GDP expenditures side), supported by accelerated goods exports (trade surplus has widen) and continued growth in private consumption spending (Figure 1).</li><li>As a result, the market expects 1Q25E GDP (to be announced on May 19, 2025) to grow by 0.7% QoQ, compared to +0.4% QoQ in the previous quarter.</li><li>The current economic outlook has positively impacted the 1Q25E earnings performances of listed companies in the SET. </li></ul>

Thailand’s 1Q25E economy remained strong on the demand side (GDP expenditures side), supported by accelerated goods exports (trade surplus has widen) and continued growth in private consumption spending (Figure 1).As a result, the market expects 1Q25E GDP (to be announced on May 19, 2025) to grow by 0.7% QoQ, compared to +0.4% QoQ in the previous quarter.The current economic outlook has positively impacted the 1Q25E earnings performances of listed companies in the SET. 

KTX Ahead - May 13, 2025