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 SET managed to rebound and stayed in positive territory throughout the day, supported by recoveries in DELTA, energy, and banking stocks particularly KBANK and GULF.</li><li>While the index did rebound, it failed to demonstrate signs of a full recovery.</li><li>We recommend selling on rises, buying on dips, as the index still has room to rebound; but any upside may be limited owing to weak volume.</li></ul>

The SET managed to rebound and stayed in positive territory throughout the day, supported by recoveries in DELTA, energy, and banking stocks particularly KBANK and GULF.While the index did rebound, it failed to demonstrate signs of a full recovery.We recommend selling on rises, buying on dips, as the index still has room to rebound; but any upside may be limited owing to weak volume.

Thailand SET Index

Technical Analysis