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

Equity Bottom-Up

<ul><li>The SET Index is expected to weaken, with the resistance at 1,630/1,635 points and the support at 1,611 points (50-week EMA)/1,600 points.</li><li>The Bank of Thailand expects the Thai economy in 3Q22E to grow more than 3% YoY, improving from the 2Q22 figure of +2.5% YoY and 1Q22's +2.2% YoY.</li><li>BofA's survey of 272 fund managers from November 4-10 showed that the global economy is at high risk of a recession (77%) and stagflation (92%).</li></ul>

The SET Index is expected to weaken, with the resistance at 1,630/1,635 points and the support at 1,611 points (50-week EMA)/1,600 points.The Bank of Thailand expects the Thai economy in 3Q22E to grow more than 3% YoY, improving from the 2Q22 figure of +2.5% YoY and 1Q22's +2.2% YoY.BofA's survey of 272 fund managers from November 4-10 showed that the global economy is at high risk of a recession (77%) and stagflation (92%).

R&B Food Supply

Market Outlook