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 market had no new positive factors, and the baht depreciated rapidly, causing the SET to fall sharply for the third day in a row.</li><li>Selling pressure continued to flow into both blue chip and small cap stocks, while foreign investors kept selling stocks and opened a net short position in the TFEX market.</li><li>We recommend holding cash, but investors should consider looking for a chance for rebound play if the index can stand above 1,500-1,491 points.</li></ul>

The market had no new positive factors, and the baht depreciated rapidly, causing the SET to fall sharply for the third day in a row.Selling pressure continued to flow into both blue chip and small cap stocks, while foreign investors kept selling stocks and opened a net short position in the TFEX market.We recommend holding cash, but investors should consider looking for a chance for rebound play if the index can stand above 1,500-1,491 points.

Thailand SET Index

Technical Analysis