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

Commodities

<ul><li>The OPEC+ meeting ended with a positive surprise, with the group agreeing to roll over oil production level to February (no barrel increase) and Saudi Arabia announcing a possible voluntary cut.</li><li>We maintain a Neutral rating on the sector.</li><li>PTTEP will have a ST price catalyst from the OPEC+ news, while PTT (Buy; 21E TP: Bt45) and PTTGC (Hold; 21E TP: Bt59) are still our LT selective choices on their price dips.</li></ul>

The OPEC+ meeting ended with a positive surprise, with the group agreeing to roll over oil production level to February (no barrel increase) and Saudi Arabia announcing a possible voluntary cut.We maintain a Neutral rating on the sector.PTTEP will have a ST price catalyst from the OPEC+ news, while PTT (Buy; 21E TP: Bt45) and PTTGC (Hold; 21E TP: Bt59) are still our LT selective choices on their price dips.

OPEC+ Meeting: No Barrel Increase in February

Crude Oil

OPEC+ Meeting: No Barrel Increase in February