UOBKH Singapore Retail Market Monitor
13 September 2024
Short Term Opportunity:
1) Wilmar International (SGX: F34)
Technical Buy range S$3.10-3.11
Last: S$ 3.12
TP: S$ 3.33
SL: S$ 3.06
2) Venture Corp (SGX: V03)
Technical Buy range S$13.73-13.75
Last: S$ 13.79
TP: S$ 14.70
SL: S$ 13.53
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
13 September 2024
Short Term Opportunity:
1) Wilmar International (SGX: F34)
Technical Buy range S$3.10-3.11
Last: S$ 3.12
TP: S$ 3.33
SL: S$ 3.06
2) Venture Corp (SGX: V03)
Technical Buy range S$13.73-13.75
Last: S$ 13.79
TP: S$ 14.70
SL: S$ 13.53
Join UOB Kay Hian Malaysia's Official Telegram Channel
https://t.me/UOBKayHianMalaysia
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
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UOB Kay Hian Malaysia (Official)
Daily local, regional and global stock trading and wealth building investment ideas.
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🇲🇾🎉Wishing all Malaysians a very Happy Malaysia Day!
May this special day be filled with joy, unity, and prosperity for years to come. 🇲🇾🎉
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May this special day be filled with joy, unity, and prosperity for years to come. 🇲🇾🎉
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FBMKLCI Weekly Outlook
7-20 Sep 2024
🔹 This week will see a shortened trading period with only four active days, with some traders likely to extend their breaks due to the long weekend and school holidays. Despite this, recent activity on the local bourse and the recovery of the S&P 500, now nearing its all-time high of 5,670, have been encouraging.
🔹 Following a near 10% drop between mid-July and early August due to US recession fears, the S&P 500 has rebounded, driven by gains in high-beta sectors like technology. We expect this strength in global equities to support Bursa Malaysia trading higher next week. We anticipate the FBMKLCI to trade within the 1,650 to 1,670 range.
#UOBKayHian
#UOBKayHianMalaysia
#UTRADEMY
#UTRADE
#MohdSedekJantan
#BursaMalaysia
#FBKMKLCIWeeklyOutlook
#FBMKLCI
7-20 Sep 2024
🔹 This week will see a shortened trading period with only four active days, with some traders likely to extend their breaks due to the long weekend and school holidays. Despite this, recent activity on the local bourse and the recovery of the S&P 500, now nearing its all-time high of 5,670, have been encouraging.
🔹 Following a near 10% drop between mid-July and early August due to US recession fears, the S&P 500 has rebounded, driven by gains in high-beta sectors like technology. We expect this strength in global equities to support Bursa Malaysia trading higher next week. We anticipate the FBMKLCI to trade within the 1,650 to 1,670 range.
#UOBKayHian
#UOBKayHianMalaysia
#UTRADEMY
#UTRADE
#MohdSedekJantan
#BursaMalaysia
#FBKMKLCIWeeklyOutlook
#FBMKLCI
UOBKH Retail Market Monitor
17 September 2024
FBMKLCI: 1,652.15 (+13.84pt)
Support: 1,635, 1,600
Resistance: 1,700, 1,735
Bursa Top Gainers:
PMETAL (+3.7%), YTLPOWR (+3.4%), YTL (+3.2%)
Bursa Top Losers:
MRDIY (-1.0%), CDB (-0.8%), KLK (-0.29%)
Bursa Trade Statistics
Local Institutions (41.73%): -RM300.10m
Local Retail (17.24%): +RM26.25m
Foreign (41.03%): +RM273.85m
Global Equity Indexes
MSCI Asia : 183.05 (+0.86, +0.47%)
NASDAQ : 17,592.13 (-91.85, -0.52%)
S&P500 : 5,633.09 (7.07, +0.13%)
DJIA : 41,622.08 (+228.30, +0.55%)
USD/MYR : 4.3012 (-0.0338)
SGD/MYR : 3.3200 (+0.0068)
Crude Oil : $70.44 (+0.35)
Gold : $2,610.40 (+1.60)
U.S. stocks were mixed after the close on Monday, as gains in the Telecoms, Oil & Gas and Financials sectors led shares higher while losses in the Technology, Consumer Services and Consumer Goods sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average gained 0.55% to hit a new all time high, while the S&P 500 index added 0.13%, and the NASDAQ Composite index fell 0.51%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,900 to 913 and 93 ended unchanged; on the Nasdaq Stock Exchange, 1,658 fell and 1,647 advanced, while 127 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) AME (KLSE: 5293)
Technical BUY on breakout (RM1.62) with +15.4% potential return
* Last: RM1.59 TP: RM1.74, RM1.87 SL: RM1.51
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) BPPLA (KLSE: 5100)
Technical BUY on breakout (RM1.49) with +13.7% potential return
* Last: RM1.28 TP: RM1.41, RM1.49 SL: RM1.22
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) ECONBHD (KLSE: 5253)
Technical BUY on breakout (RM0.455) with +22.0% potential return
* Last: RM0.435 TP: RM0.52, RM0.555 SL: RM0.39
* Timeframe: 2 weeks to 2 months
* Shariah: YES
Join UOB Kay Hian Malaysia's Official Telegram Channel
https://t.me/UOBKayHianMalaysia
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
17 September 2024
FBMKLCI: 1,652.15 (+13.84pt)
Support: 1,635, 1,600
Resistance: 1,700, 1,735
Bursa Top Gainers:
PMETAL (+3.7%), YTLPOWR (+3.4%), YTL (+3.2%)
Bursa Top Losers:
MRDIY (-1.0%), CDB (-0.8%), KLK (-0.29%)
Bursa Trade Statistics
Local Institutions (41.73%): -RM300.10m
Local Retail (17.24%): +RM26.25m
Foreign (41.03%): +RM273.85m
Global Equity Indexes
MSCI Asia : 183.05 (+0.86, +0.47%)
NASDAQ : 17,592.13 (-91.85, -0.52%)
S&P500 : 5,633.09 (7.07, +0.13%)
DJIA : 41,622.08 (+228.30, +0.55%)
USD/MYR : 4.3012 (-0.0338)
SGD/MYR : 3.3200 (+0.0068)
Crude Oil : $70.44 (+0.35)
Gold : $2,610.40 (+1.60)
U.S. stocks were mixed after the close on Monday, as gains in the Telecoms, Oil & Gas and Financials sectors led shares higher while losses in the Technology, Consumer Services and Consumer Goods sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average gained 0.55% to hit a new all time high, while the S&P 500 index added 0.13%, and the NASDAQ Composite index fell 0.51%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,900 to 913 and 93 ended unchanged; on the Nasdaq Stock Exchange, 1,658 fell and 1,647 advanced, while 127 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) AME (KLSE: 5293)
Technical BUY on breakout (RM1.62) with +15.4% potential return
* Last: RM1.59 TP: RM1.74, RM1.87 SL: RM1.51
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) BPPLA (KLSE: 5100)
Technical BUY on breakout (RM1.49) with +13.7% potential return
* Last: RM1.28 TP: RM1.41, RM1.49 SL: RM1.22
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) ECONBHD (KLSE: 5253)
Technical BUY on breakout (RM0.455) with +22.0% potential return
* Last: RM0.435 TP: RM0.52, RM0.555 SL: RM0.39
* Timeframe: 2 weeks to 2 months
* Shariah: YES
Join UOB Kay Hian Malaysia's Official Telegram Channel
https://t.me/UOBKayHianMalaysia
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
Telegram
UOB Kay Hian Malaysia (Official)
Daily local, regional and global stock trading and wealth building investment ideas.
Link in bio
https://linktr.ee/UOBKayHianMalaysia
Link in bio
https://linktr.ee/UOBKayHianMalaysia
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UOBKH Malaysia Trading Idea
17 September 2024
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17 September 2024
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Forwarded from UOB Kay Hian Malaysia (Official)
LIVE WEBINAR- Fundamental Analysis in Stock Trading
Presented by Jack Goh, Investment Analyst, UOB Kay Hian
📅 Tuesday, 17 September 2024
⏰ 6.00pm – 8.00pm
Webinar Highlight
✅ Gain skills to evaluate a company's financial health and intrinsic value using financial statements and economic indicators.
REGISTER NOW!
https://attendee.gotowebinar.com/register/5183290663649119323
This event is open to both beginner and seasoned investors to build and refresh their knowledge of Fundamental Analysis. The webinar will be conducted in English and is open to the public.
#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian
Presented by Jack Goh, Investment Analyst, UOB Kay Hian
📅 Tuesday, 17 September 2024
⏰ 6.00pm – 8.00pm
Webinar Highlight
✅ Gain skills to evaluate a company's financial health and intrinsic value using financial statements and economic indicators.
REGISTER NOW!
https://attendee.gotowebinar.com/register/5183290663649119323
This event is open to both beginner and seasoned investors to build and refresh their knowledge of Fundamental Analysis. The webinar will be conducted in English and is open to the public.
#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian
UOBKH Hong Kong Retail Market Monitor
17 September 2024
Short Term Opportunity:
1) Techtronic Industries Company Limited (HKEX: 669)
Technical BUY range HK$ 107.00-108.00
Last: HK$ 108.90
TP: HK$ 113.50/ HK$ 123.20
SL: HK$ 102.00
2) Shangdong Gold Mining Co., Ltd (HKEX: 1787)
Technical BUY range HK$ 15.55-15.80
Last: HK$ 15.84
TP: HK$ 16.90/ HK$ 17.30
SL: HK$ 14.90
Join UOB Kay Hian Malaysia's Official Telegram Channel
https://t.me/UOBKayHianMalaysia
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
17 September 2024
Short Term Opportunity:
1) Techtronic Industries Company Limited (HKEX: 669)
Technical BUY range HK$ 107.00-108.00
Last: HK$ 108.90
TP: HK$ 113.50/ HK$ 123.20
SL: HK$ 102.00
2) Shangdong Gold Mining Co., Ltd (HKEX: 1787)
Technical BUY range HK$ 15.55-15.80
Last: HK$ 15.84
TP: HK$ 16.90/ HK$ 17.30
SL: HK$ 14.90
Join UOB Kay Hian Malaysia's Official Telegram Channel
https://t.me/UOBKayHianMalaysia
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
Telegram
UOB Kay Hian Malaysia (Official)
Daily local, regional and global stock trading and wealth building investment ideas.
Link in bio
https://linktr.ee/UOBKayHianMalaysia
Link in bio
https://linktr.ee/UOBKayHianMalaysia
UOBKH Singapore Retail Market Monitor
17 September 2024
Short Term Opportunity:
1) Singapore Post (SGX: S08)
Technical Buy range S$0.450-0.455
Last: S$ 0.465
TP: S$ 0.505
SL: S$ 0.440
2) CityDev (SGX: C09)
Technical Buy range S$5.32-5.34
Last: S$ 5.45
TP: S$ 5.99
SL: S$ 5.15
Join UOB Kay Hian Malaysia's Official Telegram Channel
https://t.me/UOBKayHianMalaysia
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
17 September 2024
Short Term Opportunity:
1) Singapore Post (SGX: S08)
Technical Buy range S$0.450-0.455
Last: S$ 0.465
TP: S$ 0.505
SL: S$ 0.440
2) CityDev (SGX: C09)
Technical Buy range S$5.32-5.34
Last: S$ 5.45
TP: S$ 5.99
SL: S$ 5.15
Join UOB Kay Hian Malaysia's Official Telegram Channel
https://t.me/UOBKayHianMalaysia
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
Telegram
UOB Kay Hian Malaysia (Official)
Daily local, regional and global stock trading and wealth building investment ideas.
Link in bio
https://linktr.ee/UOBKayHianMalaysia
Link in bio
https://linktr.ee/UOBKayHianMalaysia
Forwarded from UOB Kay Hian Malaysia (Official)
DON'T FORGET TO REGISTER FOR THIS WEBINAR!
CIO Series 12: How to Play Defence in an Uncertain World?
📅 Date: Thursday, 19 Sep 2024
🕔 Time: 6:30pm - 7:30pm (1hr)
📈 Mode: Online Webinar
🗣️ Language: English
🔗 REGISTER NOW! OPEN TO PUBLIC
https://attendee.gotowebinar.com/register/4497465890479774303?source=my
🔹Presented by Qi Wang, CIO, UOB Kay Hian Wealth Management
🔹In early 2024, we introduced the "barbell strategy" for stock-picking, balancing AI and high-tech innovation on one end with consumer staples on the other. This strategy combines offensive and defensive plays to achieve superior risk-adjusted returns. So far, it has proven successful, with offensive plays like Nvidia (NVDA) up 138% YTD and defensive playslike Walmart (WMT) up 47% YTD, both outperforming the market.
In this CIO Series, we will go into details on how we apply Return on Invested Capital "ROIC" to pick defensive stocks in today's markets.
#UOBKayHianMalaysia
#CIOSeries
CIO Series 12: How to Play Defence in an Uncertain World?
📅 Date: Thursday, 19 Sep 2024
🕔 Time: 6:30pm - 7:30pm (1hr)
📈 Mode: Online Webinar
🗣️ Language: English
🔗 REGISTER NOW! OPEN TO PUBLIC
https://attendee.gotowebinar.com/register/4497465890479774303?source=my
🔹Presented by Qi Wang, CIO, UOB Kay Hian Wealth Management
🔹In early 2024, we introduced the "barbell strategy" for stock-picking, balancing AI and high-tech innovation on one end with consumer staples on the other. This strategy combines offensive and defensive plays to achieve superior risk-adjusted returns. So far, it has proven successful, with offensive plays like Nvidia (NVDA) up 138% YTD and defensive playslike Walmart (WMT) up 47% YTD, both outperforming the market.
In this CIO Series, we will go into details on how we apply Return on Invested Capital "ROIC" to pick defensive stocks in today's markets.
#UOBKayHianMalaysia
#CIOSeries
Forwarded from UOB Kay Hian Malaysia (Official)
LIVE WEBINAR- Fundamental of Technical Analysis in Stock Trading
Presented by Mohd Fakhrul Asyraq, Senior Investment Analyst (Chartist), UOB Kay Hian
📅 Tuesday, 24 September 2024
⏰ 6.00pm – 8.00pm
Webinar Highlight
✅ Learn to use chart patterns, trend lines, and indicators to predict market trends and make informed trading decisions.
REGISTER NOW!
https://attendee.gotowebinar.com/register/7287790004072854876
This event is open to both beginner and seasoned investors to build and refresh their knowledge of Technical Analysis. The webinar will be conducted in English and is open to the public.
#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian
Presented by Mohd Fakhrul Asyraq, Senior Investment Analyst (Chartist), UOB Kay Hian
📅 Tuesday, 24 September 2024
⏰ 6.00pm – 8.00pm
Webinar Highlight
✅ Learn to use chart patterns, trend lines, and indicators to predict market trends and make informed trading decisions.
REGISTER NOW!
https://attendee.gotowebinar.com/register/7287790004072854876
This event is open to both beginner and seasoned investors to build and refresh their knowledge of Technical Analysis. The webinar will be conducted in English and is open to the public.
#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian