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

Macroeconomics

<ul><li>KTX holds a negative view on the SET Index's outlook for the current year, stemming from the unanimous decision by the MPC to raise its policy interest rate to 2.5%.</li><li>But the committee raised its 2024E GDP growth projection to +4.4%, up from the previous +3.8%.</li><li>Accumulating shares in BBL, KTB and TLI is suggested, as they stand to benefit from the ongoing interest rate uptrend.</li></ul>

KTX holds a negative view on the SET Index's outlook for the current year, stemming from the unanimous decision by the MPC to raise its policy interest rate to 2.5%.But the committee raised its 2024E GDP growth projection to +4.4%, up from the previous +3.8%.Accumulating shares in BBL, KTB and TLI is suggested, as they stand to benefit from the ongoing interest rate uptrend.

Low Economic Growth This Year but Will Jump Next Year; Interest Rate Uptrend Not Over Yet