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>Concerns over rising oil prices and US bond yields, alongside declines in Asian stock markets, triggered selling pressure on the SET at the open.</li><li>Selling volume also declined and remained relatively light, suggesting limited downside or possible sideways consolidation.</li><li>We recommend buying on weakness, as we still expect a rebound, particularly given that most blue-chip stocks have faced relatively limited selling pressure.</li></ul>

Concerns over rising oil prices and US bond yields, alongside declines in Asian stock markets, triggered selling pressure on the SET at the open.Selling volume also declined and remained relatively light, suggesting limited downside or possible sideways consolidation.We recommend buying on weakness, as we still expect a rebound, particularly given that most blue-chip stocks have faced relatively limited selling pressure.

Thailand SET Index

Technical Analysis