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 move in a sideways-down pattern, with the support at 1,205/1,194 points (10-day EMA) and the resistance at 1,225/1,231 points.</li><li>In the short term, the market is still awaiting clarity on the peak of Wave 1 (from the 5-wave upward pattern in Elliott Wave theory) before entering a correction phase, where Wave 2 typically retraces about 50-61.8% of Wave 1’s length.</li><li>We recommend a Sell into Rallies strategy for short-term investments, while for the 1-3 month horizon, a Selective Buy approach is advised once prices enter a major correction phase.</li></ul>

Technically, the SET Index is expected to move in a sideways-down pattern, with the support at 1,205/1,194 points (10-day EMA) and the resistance at 1,225/1,231 points.In the short term, the market is still awaiting clarity on the peak of Wave 1 (from the 5-wave upward pattern in Elliott Wave theory) before entering a correction phase, where Wave 2 typically retraces about 50-61.8% of Wave 1’s length.We recommend a Sell into Rallies strategy for short-term investments, while for the 1-3 month horizon, a Selective Buy approach is advised once prices enter a major correction phase.

KTX Zoom: Earnings Results -  MAY 14, 2025