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 rise, with the resistance at 1,353/1,359 points (10-day EMA) and the support at 1,340/1,330 points.</li><li>This week, the short-term risks from foreign fund outflows have increased due to the strengthening of the USD (with a potential ECB rate cut on the horizon).</li><li>We continue to recommend buying when the index falls below 1,345 points, which is where the MRP exceeds the 90-day moving average at 4.37%.</li></ul>

Technically, the SET Index is expected to rise, with the resistance at 1,353/1,359 points (10-day EMA) and the support at 1,340/1,330 points.This week, the short-term risks from foreign fund outflows have increased due to the strengthening of the USD (with a potential ECB rate cut on the horizon).We continue to recommend buying when the index falls below 1,345 points, which is where the MRP exceeds the 90-day moving average at 4.37%.

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