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>Core inflation in November 2023 is expected to be below 1% for the fifth consecutive month, based on the consensus forecast of a +0.6% YoY decline.</li><li>Thai inflation has been below the target range in 2H23.</li><li>Based on the November 2023 inflation projections, the real interest rate in Thailand is set to rise to 3.0%, marking a 0.2% increase from the previous month's 2.8%.</li></ul>

Core inflation in November 2023 is expected to be below 1% for the fifth consecutive month, based on the consensus forecast of a +0.6% YoY decline.Thai inflation has been below the target range in 2H23.Based on the November 2023 inflation projections, the real interest rate in Thailand is set to rise to 3.0%, marking a 0.2% increase from the previous month's 2.8%.

Sabina

Returns Justify the Risk; Switch to Buy