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>The SET Index is expected to move in a sideways-down pattern, with support at 1,440 points (50-day EMA) and 1,432 points, and resistance at 1,457 (10-day EMA) and 1,463 points.</li><li>We maintain the recommendation to sell on rallies until an uptrend signal emerges.</li><li>US stock markets declined after Fed Chairman Jerome Powell stated that the Fed does not need to rush into cutting interest rates further, dampening investor expectations for more easing.</li></ul>

The SET Index is expected to move in a sideways-down pattern, with support at 1,440 points (50-day EMA) and 1,432 points, and resistance at 1,457 (10-day EMA) and 1,463 points.We maintain the recommendation to sell on rallies until an uptrend signal emerges.US stock markets declined after Fed Chairman Jerome Powell stated that the Fed does not need to rush into cutting interest rates further, dampening investor expectations for more easing.

Blue Sky Alternative Investments (BLA AU)

US Retail Sales/Chinese Economic Figures in October