UOBKH Singapore Retail Market Monitor
15 April 2024

Short Term Opportunity:
1) Aztech Global (SGX: 8AZ)
Technical BUY range S$ 0.995-1.000
Last: S$ 1.010
TP: S$ 1.070
SL: S$ 0.975

2) ISDN (SGX: I07)
Technical BUY range S$ 0.305-0.310
Last: S$ 0.310
TP: S$ 0.350
SL: S$ 0.295


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Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.

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UOBKH Retail Market Monitor
16 April 2024

FBMKLCI: 1,542.53 (-8.51)
Support: 1,521, 1,513
Resistance: 1,570, 1,586

Bursa Top Gainers:
PCHEM (+0.8%), PMETAL (+0.8%), KLK (+0.5%)

Bursa Top Losers:
CDB (-2.4%), AXIATA (-2.3%), GENTING (-1.7%)

Bursa Trade Statistics
Local Institutions (45.05%): +RM470.30m
Local Retail (21.76%): +RM59.51m
Foreign (33.19%): -RM529.81m

Global Equity Indexes
MSCI Asia : 175.31 (-1.15, -0.65%)
NASDAQ : 15,885.02 (-290.07, -1.79%)
S&P500 : 5,061.82 (-61.59, -1.20%)
DJIA : 37,735.11 (-248.13, -0.65%)

USD/MYR : 4.7823 (+0.0073)
SGD/MYR : 3.5086 (-0.0016)

Crude Oil : $85.76 (+0.16)
Gold : $2,380.90 (+18.43)

US stocks were lower after the close on Monday, as losses in the Technology, Consumer Goods and Consumer Services sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average declined 0.65% to hit a new 1-month low, while the S&P 500 index lost 1.20%, and the NASDAQ Composite index declined 1.79%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2,377 to 490 and 54 ended unchanged; on the Nasdaq Stock Exchange, 2,619 fell and 734 advanced, while 122 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) PCHEM (KLSE: 5183)
Technical BUY with +16.8% potential return
* Last: RM6.80 TP: RM7.25, RM7.94 SL: RM6.56
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) SLVEST (KLSE: 0215)
Technical BUY with +21.3% potential return
* Last: RM1.60 TP: RM1.65, RM1.94 SL: RM1.48
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) OPPSTAR (KLSE: 0275)
Technical BUY with +29.8% potential return
* Last: RM1.21 TP: RM1.28, RM1.57 SL: RM1.06
* Timeframe: 2 weeks to 2 months
* Shariah: YES

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Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.

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UOBKH Malaysia Trading Idea
16 April 2024

#TradingIdea #UOBKayHian #UOBKayHianMalaysia

UOBKH Singapore Retail Market Monitor
16 April 2024

Short Term Opportunity:
1) Riverstone Holdings (SGX: AP4)
Technical BUY range S$ 0.775-0.780
Last: S$ 0.805
TP: S$ 0.850
SL: S$ 0.755

2) iFAST Corp (SGX: AIY)
Technical SELL range S$ 6.94-6.95
Last: S$ 6.76
TP: S$ 6.08
SL: S$ 7.20


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Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.

For the full research report, please log in to www.utrade.com.my

UOBKH Hong Kong Retail Market Monitor
16 April 2024

Short Term Opportunity:
1) China Railway Construction Corporation Limited (HKEX: 1186)
Technical BUY range HK$5.05-5.12
Last: HK$ 4.98
TP: HK$ 5.28/ HK$ 5.54
SL: HK$ 4.90

2) China Unicom (Hong Kong) Limited (HKEX: 762)
Technical BUY range HK$6.00-6.05
Last: HK$ 5.92
TP: HK$ 6.25/ HK$ 6.55
SL: HK$ 5.75

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Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.

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LIVE WEBINAR

Fundamental Analysis in Stock Trading

Presented by Jack Goh
Investment Analyst, UOB Kay Hian


📅 Tuesday, 16 April 2024
⏰ 6.00pm – 8.00pm

Talk is in English and open to public.

REGISTER NOW!
https://attendee.gotowebinar.com/register/8561257565442579549

#UOBKayHianEvents
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#UOBKayHian

LIVE WEBINAR

Fundamental of Technical Analysis in Stock Trading

Presented by Fakhrul Asyraq
Investment Analyst, UOB Kay Hian

📅 Tuesday, 23 April 2024
⏰ 6.00pm – 8.00pm

Talk is in English and open to public.

REGISTER NOW!
https://attendee.gotowebinar.com/register/6830774697392919389

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UOBKH Retail Market Monitor
17 April 2024

FBMKLCI: 1,535.00 (-7.53)
Support: 1,521, 1,513
Resistance: 1,570, 1,586

Bursa Top Gainers:
CDB (+2.9%), PMETAL (+1.9%), IHH (+1.2%)

Bursa Top Losers:
YTL (-4.6%), YTLPOWR (-2.3%), AMBANK (-1.9%)

Bursa Trade Statistics
Local Institutions (43.50%): +RM513.32m
Local Retail (20.94%): -RM22.29m
Foreign (35.56%): -RM491.03m

Global Equity Indexes
MSCI Asia : 173.49 (-1.82, -1.04%)
NASDAQ : 15,865.25 (-19.77, -0.12%)
S&P500 : 5,051.41 (-10.41, -0.21%)
DJIA : 37,798.97 (+63.86, +0.17%)

USD/MYR : 4.7915 (+0.0092)
SGD/MYR : 3.5104 (+0.0018)

Crude Oil : $85.46 (-0.30)
Gold : $2,381.70 (+0.80)

U.S. stocks were mixed after the close on Tuesday, as gains in the Technology, Healthcare and Consumer Services sectors led shares higher while losses in the Utilities, Oil & Gas and Financials sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average added 0.17%, while the S&P 500 index lost 0.21%, and the NASDAQ Composite index fell 0.12. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1864 to 998 and 55 ended unchanged; on the Nasdaq Stock Exchange, 2097 fell and 1248 advanced, while 135 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) YLI (KLSE: 7014)
Technical BUY with +20.9% potential return
* Last: RM0.43 TP: RM0.48, RM0.52 SL: RM0.385
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) CARIMIN (KLSE: 5257)
Technical BUY with +21.8% potential return
* Last: RM0.895 TP: RM1.02, RM1.09 SL: RM0.84
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) YSPSAH (KLSE: 7178)
Technical BUY with +14.3% potential return
* Last: RM2.44 TP: RM2.59, RM2.79 SL: RM2.37
* Timeframe: 2 weeks to 2 months
* Shariah: YES

Join UOB Kay Hian Malaysia's Official Telegram Channel
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Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.

For the full research report, please log in to www.utrade.com.my

UOBKH Malaysia Trading Idea
17 April 2024

#TradingIdea #UOBKayHian #UOBKayHianMalaysia

UOBKH Hong Kong Retail Market Monitor
17 April 2024

Short Term Opportunity:
1) China Hongqiao Group Limited (HKEX: 1378)
Technical BUY range HK$8.80-9.42
Last: HK$ 9.89
TP: HK$ 10.28/ HK$ 11.00
SL: HK$ 8.38

2) China Coal Energy Company Limited (HKEX: 1898)
Technical BUY range HK$8.05-8.30
Last: HK$ 8.35
TP: HK$ 8.80/ HK$ 9.26
SL: HK$ 7.80

Join UOB Kay Hian Malaysia's Official Telegram Channel
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Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.

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UOBKH Retail Market Monitor
18 April 2024

FBMKLCI: 1,540.42 (+5.42)
Support: 1,521, 1,513
Resistance: 1,570, 1,586

Bursa Top Gainers:
AXIATA (+4.0%), TM (+2.2%), YTLPOWR (+2.1%)

Bursa Top Losers:
PPB (-4.6%), IOICORP (-1.2%), CDB (-1.2%)

Bursa Trade Statistics
Local Institutions (42.82%): +RM147.54m
Local Retail (19.36%): -RM5.93m
Foreign (37.82%): -RM141.61m

Global Equity Indexes
MSCI Asia : 169.84 (-3.65, -2.10%)
NASDAQ : 15,683.37 (-181.88, -1.15%)
S&P500 : 5,022.21 (-29.20, -0.58%)
DJIA : 37,753.31 (-45.66, -0.12%)

USD/MYR : 4.7850 (-0.0065)
SGD/MYR : 3.5172 (+0.0068)

Crude Oil : $82.74 (-2.72)
Gold : $2,368.94 (-12.76)

US stocks were lower after the close on Wednesday, as losses in the Technology, Industrials and Consumer Services sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average declined 0.12%, while the S&P 500 index fell 0.58%, and the NASDAQ Composite index lost 1.15%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1,509 to 1,307 and 88 ended unchanged; on the Nasdaq Stock Exchange, 2,129 fell and 1,210 advanced, while 143 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) ANCOMNY (KLSE: 4758)
Technical BUY on breakout (RM1.04) with +18.3% potential return
* Last: RM1.02 TP: RM1.17, RM1.23 SL: RM0.945
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) GLOTEC (KLSE: 5220)
Technical BUY on breakout (RM0.545) with +18.3% potential return
* Last: RM0.53 TP: RM0.615, RM0.645 SL: RM0.495
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) INNATURE (KLSE: 5295)
Technical BUY with +30.2% potential return
* Last: RM0.315 TP: RM0.385, RM0.41 SL: RM0.265
* Timeframe: 2 weeks to 2 months
* Shariah: YES

Join UOB Kay Hian Malaysia's Official Telegram Channel
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Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.

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UOBKH Malaysia Trading Idea
18 April 2024

#TradingIdea #UOBKayHian #UOBKayHianMalaysia

📈 Does The Increase In Treasury Yields Spells Good News for Markets?

Join Paul DeVierno as he dives into the unexpected increase in treasury yields, the recent market pullback and what's in store with the impending release of earnings reports.

Click the link to watch: https://fb.watch/rvhEKGL8cu/

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UOBKH Singapore Retail Market Monitor
18 April 2024

Short Term Opportunity:
1) Propnex (SGX: OYY)
Technical BUY range S$ 0.915-0.920
Last: S$ 0.920
TP: S$ 1.030
SL: S$ 0.895

2) Hongkong Land Holdings (SGX: H78)
Technical SELL range S$ 2.93-2.94
Last: S$ 2.82
TP: S$ 2.64
SL: S$ 3.03


Join UOB Kay Hian Malaysia's Official Telegram Channel
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Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.

For the full research report, please log in to www.utrade.com.my

UOBKH Hong Kong Retail Market Monitor
18 April 2024

Short Term Opportunity:
1) China CITIC Bank Corporation Limited (HKEX: 998)
Technical BUY range HK$4.29-4.38
Last: HK$ 4.30
TP: HK$ 4.49/ HK$ 4.74
SL: HK$ 4.11

2) CGN Power Corporation Limited (HKEX: 1898)
Technical BUY range HK$2.42-2.50
Last: HK$ 2.60
TP: HK$ 2.67/ HK$ 2.91
SL: HK$ 2.27

Join UOB Kay Hian Malaysia's Official Telegram Channel
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Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.

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Banking Stocks: Finding Refuge in Safe Harbour

📆 Saturday, 27 April 2024
⏰ 9:30am-11.30am
🌐 Register at https://bit.ly/StockpickApr2024TG
__

Session 1 • Finding Refuge in Safe Harbour
Presented by Keith Wee, Associate Director, Financials, UOB Kay Hian Malaysia

Geopolitical tensions in the Middle East have raised equity risk premiums, potentially impacting the banking sector due to its deemed cyclical nature. The sector maintains an appealing dividend yield in excess of 5%, along with relatively defensive earnings prospects due tooupled with is large cap status.

Session 2 • Embracing Turbulence: Sell In May and Go away?
Presented by Desmond Chong, Head of Research, UOB Kay Hian Malaysia

The old adage “Sell in May and Go away” is on the playout amid the pushed back expectations of Fed’s rate cuts alongside rising Middle East tensions.

__

#UOBKayHianEvents #UOBKayHianMalaysia

UOBKH Retail Market Monitor
19 April 2024

FBMKLCI: 1,544.76 (+4.34)
Support: 1,521, 1,513
Resistance: 1,570, 1,586

Bursa Top Gainers:
QL (+2.6%), YTL (+2.4%), YTLPOWR (+2.3%)

Bursa Top Losers:
AXIATA (-1.9%), CDB (-1.5%), MRDIY (-0.67%)

Bursa Trade Statistics
Local Institutions (40.56%): +RM213.65m
Local Retail (21.06%): -RM76.87m
Foreign (38.38%): -RM136.78m

Global Equity Indexes
MSCI Asia : 169.34 (-0.50, -0.29%)
NASDAQ : 15,601.50 (-81.87, -0.52%)
S&P500 : 5,011.12 (-11.09, -0.22%)
DJIA : 37,775.38 (+22.07, +0.06%)

USD/MYR : 4.7873 (+0.0023)
SGD/MYR : 3.5138 (-0.0034)

Crude Oil : $82.60 (+0.14)
Gold : $2,376.84 (+7.90)

US stocks were mixed after the close on Thursday, as gains in the Telecoms, Utilities and Financials sectors led shares higher while losses in the Technology, Consumer Services and Industrials sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average rose 0.06%, while the S&P 500 index declined 0.22%, and the NASDAQ Composite index declined 0.52%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,442 to 1,417 and 75 ended unchanged; on the Nasdaq Stock Exchange, 1,748 fell and 1,592 advanced, while 146 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) CITAGLB (KLSE: 7245)
Technical BUY with +15.8% potential return
* Last: RM1.20 TP: RM1.33, RM1.39 SL: RM1.11
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) HARBOUR (KLSE: 2062)
Technical BUY on breakout (RM1.26) with +10.3% potential return
* Last: RM1.23 TP: RM1.34, RM1.39 SL: RM1.16
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) ULICORP (KLSE: 7133)
Technical BUY with +21.5% potential return
* Last: RM1.49 TP: RM1.72, RM1.81 SL: RM1.39
* Timeframe: 2 weeks to 2 months
* Shariah: YES

Join UOB Kay Hian Malaysia's Official Telegram Channel
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Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.

For the full research report, please log in to www.utrade.com.my

UOBKH Malaysia Trading Idea
19 April 2024

#TradingIdea #UOBKayHian #UOBKayHianMalaysia

UOBKH Singapore Retail Market Monitor
19 April 2024

Short Term Opportunity:
1) Yangzijiang Financial Holding (SGX: YF8)
Technical BUY range S$ 0.320-0.325
Last: S$ 0.330
TP: S$ 0.355
SL: S$ 0.315

2) Sembcorp Industries (SGX: U96)
Technical BUY range S$ 5.28-5.29
Last: S$ 5.37
TP: S$ 5.78
SL: S$ 5.07


Join UOB Kay Hian Malaysia's Official Telegram Channel
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Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.

For the full research report, please log in to www.utrade.com.my