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

Thematic (Sector/Industry)

Thailand Financials / Thematic (Sector/Industry)

<ul><li>The SET was unable to avoid a sharp decline, with the index plunging to a new low of 1,056.41 points, while the baht continued to weaken, despite several Asian bourses managing to rebound.</li><li>Swift selling pressure emerged in key sectors such as banking, energy, petrochemicals, transportation, commerce, finance, and tourism, further dragging the index down.</li><li>Fund outflows continued to pressure the index, possibly compounded by LTF-related selling, making recovery difficult. </li></ul>

The SET was unable to avoid a sharp decline, with the index plunging to a new low of 1,056.41 points, while the baht continued to weaken, despite several Asian bourses managing to rebound.Swift selling pressure emerged in key sectors such as banking, energy, petrochemicals, transportation, commerce, finance, and tourism, further dragging the index down.Fund outflows continued to pressure the index, possibly compounded by LTF-related selling, making recovery difficult. 

Saksiam Leasing Public Company Limited (SAK TB)

Technical Analysis - APRIL 9, 2025