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 move in a sideways-down pattern, with the support at 1,443/1,432 points and the resistance at 1,458/1,467 points (10-day EMA).</li><li>The short-term trend remains in a downtrend, with the index searching for a key support level, with a continuous pattern of lower highs and lower lows for the fifth day.</li><li>For the investment strategy, we recommend waiting to buy only when a higher high, higher low signal appears.</li></ul>

Technically, the SET Index is expected to move in a sideways-down pattern, with the support at 1,443/1,432 points and the resistance at 1,458/1,467 points (10-day EMA).The short-term trend remains in a downtrend, with the index searching for a key support level, with a continuous pattern of lower highs and lower lows for the fifth day.For the investment strategy, we recommend waiting to buy only when a higher high, higher low signal appears.

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