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

United states & Thailand / Cross Asset Strategy

<ul><li>US CPI marked at +7.7% YoY in Oct. vs. the consensus estimate at +7.9% YoY, while the services CPI slowed to +0.3% MoM from +0.5% MoM in Sep.</li><li>The property sector has reported good earnings growth at 110.1% YoY and 13.1% QoQ due to the pickup of transfers ahead of interest rate hikes.</li><li>The SET Index is expected to gain further this week and test the resistance at 1,649 points due to easing concerns over Fed rate hikes.</li></ul>

US CPI marked at +7.7% YoY in Oct. vs. the consensus estimate at +7.9% YoY, while the services CPI slowed to +0.3% MoM from +0.5% MoM in Sep.The property sector has reported good earnings growth at 110.1% YoY and 13.1% QoQ due to the pickup of transfers ahead of interest rate hikes.The SET Index is expected to gain further this week and test the resistance at 1,649 points due to easing concerns over Fed rate hikes.

SET Index to Test 1,649 Points on Easing Concerns Over Fed Rate Hikes