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 sank significantly, ranking second after the Indian market, as there were no new driving factors.</li><li>Disappointment with the 4Q24 earnings, particularly the declines in AOT, GULF, INTUCH, TRUE, and banking stocks, led investors to delay their investments, causing the index to hit new lows easily.</li><li>The index fell below 1,236 points. The further it moves along the BB bottom line, the higher the risk of a retreat to 1,220-1,200 points. </li></ul>

The SET sank significantly, ranking second after the Indian market, as there were no new driving factors.Disappointment with the 4Q24 earnings, particularly the declines in AOT, GULF, INTUCH, TRUE, and banking stocks, led investors to delay their investments, causing the index to hit new lows easily.The index fell below 1,236 points. The further it moves along the BB bottom line, the higher the risk of a retreat to 1,220-1,200 points. 

Thailand Financials

Technical Analysis - February 25, 2025