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

Cross Asset Strategy

Multiple Countries / Cross Asset Strategy

<ul><li>Technically, the SET Index is expected to weaken, with the resistance at 1,432/1,440 points (10-day EMA) and the support at 1,413/1,400 points.</li><li>China's 1Y and 5Y loan prime rates are expected to remain unchanged at 3.45% and 4.2%, respectively.</li><li>We recommend stocks expected to report 3Q23E earnings growth YoY: ERW, SPRC and ILM.</li></ul>

Technically, the SET Index is expected to weaken, with the resistance at 1,432/1,440 points (10-day EMA) and the support at 1,413/1,400 points.China's 1Y and 5Y loan prime rates are expected to remain unchanged at 3.45% and 4.2%, respectively.We recommend stocks expected to report 3Q23E earnings growth YoY: ERW, SPRC and ILM.

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