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>The SET's EPS estimate may be revised up, based on our 12M forward EPS assessed through a top-down analysis, which continued to rise to Bt120.5/share, 26% higher than the Bt95.9/share estimated by the consensus.</li><li>This reflects that the Thai stock market may have bottomed out and is thus likely to accelerate going forward.</li><li>We recommend buying.</li></ul>

The SET's EPS estimate may be revised up, based on our 12M forward EPS assessed through a top-down analysis, which continued to rise to Bt120.5/share, 26% higher than the Bt95.9/share estimated by the consensus.This reflects that the Thai stock market may have bottomed out and is thus likely to accelerate going forward.We recommend buying.

Shanghai Shenzhen CSI 300 Index (SHSZ300 INDEX EQUITY)

SET Has Highest Risk-Reward Relative to Global Equity Markets