Thai Investors to Tap US Tech Resurgence via Krung Thai’s SP500US80 DR

Finansia Syrus Securities (FSS) has given its recommendation to invest in S&P 500 through SP500US80, a Depositary Receipt (DR) issued by Krung Thai Bank Public Company Limited (SET: KTB) that trades on the Stock Exchange of Thailand (SET) in Thai Baht.

This channel allows Thai investors to easily invest in the top 500 US companies on the S&P 500 index by tracking the SPDR Portfolio S&P 500 ETF (SPYM), which closely tracks the index’s performance. The fund rebalances its portfolio every quarter, specifically in March, June, September, and December.

Finansia noted that at the beginning of 2026, the S&P 500 Index saw a sharp decline in March due to the conflict between the United States and Iran. However, it rebounded strongly during April and May, driven by better-than-expected earnings from AI (Artificial Intelligence) and technology sectors. The positive surprise came from high revenue growth and surging orders, thanks to accelerated investments in Data Centers. Despite this, over the past month, the index has been volatile and experienced a slight drop amid lingering uncertainty about the sustainability of the peace agreement.

 

Leader – Meta Platforms
Meta Platforms shares rebounded after their valuations declined earlier. The recovery was further supported by Meta’s plan to offer foundational computing infrastructure and launch paid AI models for developers, reinforcing the outlook that AI investments could generate new revenue streams.

Laggard – Micron Technology
Micron shares dropped sharply due to profit-taking after a significant rally. There are concerns about whether the business growth and high memory chip prices are sustainable, even though recent earnings were stronger than expected.