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 support at 1,366/1,354 points and the resistance at 1,380/1,388 points, as it has persistently hit new lows, influenced by the rounding-top downtrend pattern.</li><li>The Bank of Japan (BoJ) is anticipated to maintain the policy interest rate at -0.1% and keep the 10Y bond yield at 0.25% in its meeting today.</li><li>GFC aims for revenue growth of 30-40% in 2024, capitalizing on its listing on the SET.</li></ul>

Technically, the SET Index is expected to weaken, with the support at 1,366/1,354 points and the resistance at 1,380/1,388 points, as it has persistently hit new lows, influenced by the rounding-top downtrend pattern.The Bank of Japan (BoJ) is anticipated to maintain the policy interest rate at -0.1% and keep the 10Y bond yield at 0.25% in its meeting today.GFC aims for revenue growth of 30-40% in 2024, capitalizing on its listing on the SET.

Today's Dominant Ideas