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

Technical Analysis

<ul><li>The SET fell in line with Asian bourses as a selling force continued to target large cap shares, causing the index to hit a 39-month low.</li><li>It is anticipated that the index will undergo a technical rebound as the RSI is approaching its previous base, coupled with an influx of buying pressure bolstering the index at the support level.</li><li>We expect the index to rebound from the support area as it did yesterday and recommend buying at the aforementioned level.</li></ul>

The SET fell in line with Asian bourses as a selling force continued to target large cap shares, causing the index to hit a 39-month low.It is anticipated that the index will undergo a technical rebound as the RSI is approaching its previous base, coupled with an influx of buying pressure bolstering the index at the support level.We expect the index to rebound from the support area as it did yesterday and recommend buying at the aforementioned level.

Thailand SET Index

Technical Analysis