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

Cross Asset Strategy

Indonesia & Thailand / Cross Asset Strategy

<ul><li>In the short term, the SET is expected to move sideways due to a lack of strong buying momentum, though there should still be attempts to rebound.</li><li>It is recommended to wait to buy at the support levels of 1,184/1,173 points, with the resistance at 1,198/1,212 points.</li><li>The policy rate for May is expected to be cut to 5.5% (vs. 5.75% in April). If implemented, this would mark the second rate cut in 2025, driven by weak economic and inflation growth.</li></ul>

In the short term, the SET is expected to move sideways due to a lack of strong buying momentum, though there should still be attempts to rebound.It is recommended to wait to buy at the support levels of 1,184/1,173 points, with the resistance at 1,198/1,212 points.The policy rate for May is expected to be cut to 5.5% (vs. 5.75% in April). If implemented, this would mark the second rate cut in 2025, driven by weak economic and inflation growth.

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