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>Technically, the SET Index is expected to move sideways down, with the support at 1,330/1,320 points and the resistance at 1,345/1,350 points.</li><li>We continue to expect the Chinese authorities to implement more stimulus packages in order to push growth to the target of 5%.</li><li>Better growth will help increase confidence in the EU economy's growth prospects for the rest of the year, in addition to the ECB's potential interest rate cut to stimulate the economy.</li></ul>

Technically, the SET Index is expected to move sideways down, with the support at 1,330/1,320 points and the resistance at 1,345/1,350 points.We continue to expect the Chinese authorities to implement more stimulus packages in order to push growth to the target of 5%.Better growth will help increase confidence in the EU economy's growth prospects for the rest of the year, in addition to the ECB's potential interest rate cut to stimulate the economy.

Services PMIs in May for the US, EU, China and Japan, and Thai Inflation