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>Signals for further interest rate hikes by the Fed shook foreign bourses, while the SET slumped below 1,500 points for the first time in a month.</li><li>The index kept sinking and already tested the support at 1,500-1,491 points.</li><li>We recommend holding cash, but investors may return for rebound play if there is a positive signal at the support at 1,500-1,491 points.</li></ul>

Signals for further interest rate hikes by the Fed shook foreign bourses, while the SET slumped below 1,500 points for the first time in a month.The index kept sinking and already tested the support at 1,500-1,491 points.We recommend holding cash, but investors may return for rebound play if there is a positive signal at the support at 1,500-1,491 points.

Thailand SET Index

Technical Analysis