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>Technically, the SET Index is expected to fluctuate, with the resistance at 1,365/1,373 points (10-day EMA and 25-day EMA) and the support at 1,353/1,349 points.</li><li>Overall, the index is in a downtrend pattern, moving within the range of 1,320-1,410 points.</li><li>In the short term, the index is still in the rebound range, with the major resistance at 1,357/1,370 and 1,384 points (1/3 and 2/3 of the Fibonacci range of 1,411.46-1,330.24 points that was observed from April 10-19), which corresponds to the key resistance based on the 25-day and 50-day EMA at 1,373/1,381 points before it dropped to test the previous low at 1,330 points. </li></ul>

Technically, the SET Index is expected to fluctuate, with the resistance at 1,365/1,373 points (10-day EMA and 25-day EMA) and the support at 1,353/1,349 points.Overall, the index is in a downtrend pattern, moving within the range of 1,320-1,410 points.In the short term, the index is still in the rebound range, with the major resistance at 1,357/1,370 and 1,384 points (1/3 and 2/3 of the Fibonacci range of 1,411.46-1,330.24 points that was observed from April 10-19), which corresponds to the key resistance based on the 25-day and 50-day EMA at 1,373/1,381 points before it dropped to test the previous low at 1,330 points. 

Srinanaporn Marketing Public Company Limited (SNNP TB)

Srinanaporn Marketing Public Company Limited

KTX Zoom - APRIL 25, 2024 - US 1Q24 GDP/PCE and Corporate Earnings