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>Asian bourses subsided in line with US markets in the leadup to the Fed meeting.</li><li>The Thai market came under continued pressure from fund outflows, as foreign investors kept selling while blue chip stocks fell, especially power plant stocks.</li><li>The index faced a correction and risks falling toward the major support at 1,500 points; hence, we recommend wait & see until there is a reversal signal.</li></ul>

Asian bourses subsided in line with US markets in the leadup to the Fed meeting.The Thai market came under continued pressure from fund outflows, as foreign investors kept selling while blue chip stocks fell, especially power plant stocks.The index faced a correction and risks falling toward the major support at 1,500 points; hence, we recommend wait & see until there is a reversal signal.

Thailand SET Index

Technical Analysis