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

Equity Bottom-Up

<ul>
<li>We recommend divesting KBANK to lock in +3.7% holding-period return, as the stock has fallen our ranking criteria.</li>
<li>Additionally, we are exiting GUNKUL (+1.9% holding-period return) following the downward revision in its consensus 12-month forward earnings forecast to -6.6%, breaching our +5% threshold.</li>
<li>The portfolio delivered a +1.4% average return as widespread gain offset target selling pressure in the energy sector.</li>
</ul>


We recommend divesting KBANK to lock in +3.7% holding-period return, as the stock has fallen our ranking criteria.
Additionally, we are exiting GUNKUL (+1.9% holding-period return) following the downward revision in its consensus 12-month forward earnings forecast to -6.6%, breaching our +5% threshold.
The portfolio delivered a +1.4% average return as widespread gain offset target selling pressure in the energy sector.


KTX Tactical Picks - July 31, 2026 (Eng.)

K Bank

KTX Tactical Picks - July 31, 2026 (Eng.)