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

Multiple Countries / Cross Asset Strategy

<ul><li>We expect the SET Index to weaken, with the support at 1,560/1,530 points and the resistance at 1,620/1,650 points.</li><li>We recommend investing in defensive plays and selling high-growth stocks.</li><li>Negative factors include the risk of a new financial crisis (credit defaults by those with high debts), a fresh round of downward GDP/earnings revisions, and major central banks' rate hikes, with the Fed expected to raise rates by a further 0.75%.</li></ul>

We expect the SET Index to weaken, with the support at 1,560/1,530 points and the resistance at 1,620/1,650 points.We recommend investing in defensive plays and selling high-growth stocks.Negative factors include the risk of a new financial crisis (credit defaults by those with high debts), a fresh round of downward GDP/earnings revisions, and major central banks' rate hikes, with the Fed expected to raise rates by a further 0.75%.

Laboratory Corporation of America Holdings (LH US)

Laboratory Corporation of America Holdings

BA Airport Leasehold Real Estate Investment Trust (BAREIT TB)

BA Airport Leasehold Real Estate Investment Trust

Monthly Report: October 2022: Outlook: To Weaken, With the Support at 1,560/1,530 Points and the Resistance at 1,620/1,650 Points