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 sideways down, with the support levels at 1,074/1,067 points and the resistance levels at 1,090/1,097 points (10-day EMA).</li><li>Based on the technical signals, a bearish reversal pattern (Evening Star) has formed, with potential rebound points at 1,067 (the gap opened on June 24) and 1,053.79 (the lowest point of the year, recorded on June 24).</li><li>External factors are positive, particularly the potential postponement of the reciprocal tariff deadline to September 1.</li></ul>

The SET Index is expected to move sideways down, with the support levels at 1,074/1,067 points and the resistance levels at 1,090/1,097 points (10-day EMA).Based on the technical signals, a bearish reversal pattern (Evening Star) has formed, with potential rebound points at 1,067 (the gap opened on June 24) and 1,053.79 (the lowest point of the year, recorded on June 24).External factors are positive, particularly the potential postponement of the reciprocal tariff deadline to September 1.

KTX Zoom: Window Dressing for End of 2Q25 - JUNE 30, 2025