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>We recommend selling TOYOTA80 and POPMART80, with holding-period returns of +1.3% and –3.1%, respectively.</li><li>We also suggest initiating positions in ASML0 1 , a DR referencing ASML Holding N.V. listed on the Euronext Amsterdam, and MWG1 9 , a DR referencing Mobile World Investment Corporation listed on the Ho Chi Minh Stock Exchange.</li><li>The average return of the KTX DR Tactical Picks portfolio was nearly unchanged from the previous day (–0.08%).</li></ul>

We recommend selling TOYOTA80 and POPMART80, with holding-period returns of +1.3% and –3.1%, respectively.We also suggest initiating positions in ASML0 1 , a DR referencing ASML Holding N.V. listed on the Euronext Amsterdam, and MWG1 9 , a DR referencing Mobile World Investment Corporation listed on the Ho Chi Minh Stock Exchange.The average return of the KTX DR Tactical Picks portfolio was nearly unchanged from the previous day (–0.08%).

KTX TACTICAL DR PICKS - October 9, 2025 (Eng.)