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>The SET Index is expected to move in a sideways-up trend due to renewed concerns over a global trade war, after the US president threatened to raise import tariffs on Europe to 50% on July 9, 2025, and to impose a 25% import tariff on iPhones.</li><li>However, Thailand’s 2Q25E economic outlook still shows positive signs, supported by export growth, which should help the support level around 1,160-1,173 points absorb pressure effectively (with the resistance at 1,185/1,200 points).</li><li>It is recommended to invest in defensive stocks, those benefiting from the baht's appreciation (GULF, MOSHI), and those supported by government stimulus measures (MTC).</li></ul>

The SET Index is expected to move in a sideways-up trend due to renewed concerns over a global trade war, after the US president threatened to raise import tariffs on Europe to 50% on July 9, 2025, and to impose a 25% import tariff on iPhones.However, Thailand’s 2Q25E economic outlook still shows positive signs, supported by export growth, which should help the support level around 1,160-1,173 points absorb pressure effectively (with the resistance at 1,185/1,200 points).It is recommended to invest in defensive stocks, those benefiting from the baht's appreciation (GULF, MOSHI), and those supported by government stimulus measures (MTC).

Global Power Synergy Company Ltd (GPSC TB)

KTX Zoom: Trade War Concerns Resurfaced -  MAY 26, 2025