UOBKH Hong Kong Retail Market Monitor
24 September 2024

Short Term Opportunity:
1) China Resources Power Holdings Company Limited (HKEX: 836)
Technical BUY range HK$ 20.30-20.50
Last: HK$ 19.84
TP: HK$ 21.55/23.00
SL: HK$ 19.35

2) Lenovo Group Limited (HKEX: 992)
Technical BUY range HK$ 9.58-9.63
Last: HK$ 9.63
TP: HK$ 10.18/ HK$ 11.04
SL: HK$ 9.15

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

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

REITs: Anchors of Stability Amidst Market Volatility?

📆 Saturday, 28 September 2024
⏰ 9:30am-11.30am
🌐 Register at https://bit.ly/StockPickSep24TG
__

Session 1 • REITs: Anchors of Stability in Volatile Markets
Presented by Nazira Abdullah, Research Analyst, UOB Kay Hian

In this presentation, UOBKH highlights how Malaysian Real Estate Investment Trusts (REITs) are positioned to deliver steady returns despite recent volatility in Bursa Malaysia. The presentation will explore key sectors, such as retail and industrial REITs, and their ability to maintain long-term value in uncertain times.

Session 2 •Redefining Strategies Amidst Changing Times
Presented by Jack Goh, Research Analyst, UOB Kay Hian

Accelerating inflows momentum and liquidity injection from domestic funds continue to be visible, but is this sufficient to weather misery sentiment closer to US elections in November and provides relief to recent risk-off sell down?
__

#UOBKayHianEvents
#UOBKayHianMalaysia

UOBKH Retail Market Monitor
25 September 2024

FBMKLCI: 1,670.37 (+5.07)
Support: 1,635, 1,600
Resistance: 1,700, 1,735

Bursa Top Gainers:
MRDIY (+4.5%), SUNWAY (+2.6%), TM (+2.0%)

Bursa Top Losers:
SIME (-2.1%), YTL (-1.5%), QL (-1.1%)

Bursa Trade Statistics
Local Institutions (39.86%): +RM21.00m
Local Retail (16.63%): +RM35m
Foreign (43.50%): -RM56.00m

Global Equity Indexes
MSCI Asia : 187.20 (+0.72, +0.39%)
NASDAQ : 18,074.52 (+100.25, +0.56%)
S&P500 : 5,732.93 (+14.36, +0.25%)
DJIA : 42,208.22 (+83.57, +0.20%)

USD/MYR : 4.1410 (-0.0600)
SGD/MYR : 3.2285 (-0.0261)

Crude Oil : $71.55 (-0.01)
Gold : $2,658.36 (+1.26)

US stocks were higher after the close on Tuesday, as gains in the Basic Materials, Technology and Consumer Services sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average gained 0.20% to hit a new all-time high, while the S&P 500 index added 0.25%, and the NASDAQ Composite index added 0.57%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,694 to 1,090 and 104 ended unchanged; on the Nasdaq Stock Exchange, 1,713 rose and 1,550 declined, while 136 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) AWC (KLSE: 7579)
Technical BUY with +27.9% potential return
* Last: RM0.915 TP: RM1.04, RM1.17 SL: RM0.93
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) CHB (KLSE: 0291)
Technical BUY with +27.9% potential return
* Last: RM0.915 TP: RM1.04, RM1.17 SL: RM0.78
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) KAWAN (KLSE: 7216)
Technical BUY on breakout (RM1.76) with +7.4% potential return
* Last: RM1.73 TP: RM1.86, RM1.89 SL: RM1.66
* 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

UOBKH Malaysia Trading Idea
25 September 2024
___

Follow our official UOB Kay Hian Instagram page for event updates: https://www.instagram.com/uobkayhianmalaysia/

#TradingIdea #UOBKayHian #UOBKayHianMalaysia

UOBKH Hong Kong Retail Market Monitor
25 September 2024

Short Term Opportunity:
1) China Merchants Bank(HKEX: 3968)
Technical BUY range HK$33.45-33.80
Last: HK$34.30
TP: HK$34.65/HK$35.65
SL: HK$31.00

2) China Resources Land Limited (HKEX: 1109)
Technical BUY range HK$22.15-22.40
Last: HK$22.40
TP: HK$23.50/HK$25.95
SL: HK$21.15

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

UOBKH Singapore Retail Market Monitor
25 September 2024

Short Term Opportunity:
1) Seatrium (SGX: 5E2)
Technical Buy range S$1.71-1.72
Last: S$1.74
TP: S$1.93
SL: S$1.63

2) Frencken Group (SGX: E28)
Technical Buy range S$1.31-1.32
Last: S$1.33
TP: S$1.43
SL: S$1.27

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

REITs: Anchors of Stability Amidst Market Volatility?

📆 Saturday, 28 September 2024
⏰ 9:30am-11.30am
🌐 Register at https://bit.ly/StockPickSep24TG
__

Session 1 • REITs: Anchors of Stability in Volatile Markets
Presented by Nazira Abdullah, Research Analyst, UOB Kay Hian

In this presentation, UOBKH highlights how Malaysian Real Estate Investment Trusts (REITs) are positioned to deliver steady returns despite recent volatility in Bursa Malaysia. The presentation will explore key sectors, such as retail and industrial REITs, and their ability to maintain long-term value in uncertain times.

Session 2 •Redefining Strategies Amidst Changing Times
Presented by Jack Goh, Research Analyst, UOB Kay Hian

Accelerating inflows momentum and liquidity injection from domestic funds continue to be visible, but is this sufficient to weather misery sentiment closer to US elections in November and provides relief to recent risk-off sell down?
__

#UOBKayHianEvents
#UOBKayHianMalaysia

UOBKH Retail Market Monitor
26 September 2024

FBMKLCI: 1,673.38 (+3.01)
Support: 1,635, 1,600
Resistance: 1,700, 1,735

Bursa Top Gainers:
MRDIY (+4.3%), SIME (+4.3%), SDG (+3.8%)

Bursa Top Losers:
RHBBANK (-1.9%), PETDAG (-1.5%), AXIATA (-1.2%)

Bursa Trade Statistics
Local Institutions (39.34%): +RM80.00m
Local Retail (18.75%): +RM85.00m
Foreign (41.91%): -RM166.00m

Global Equity Indexes
MSCI Asia : 189.64 (+2.44, +1.30%)
NASDAQ : 18,082.21 (+7.69, +0.04%)
S&P500 : 5,722.26 (-10.67, -0.19%)
DJIA : 41,914.75 (-293.47, -0.70%)

USD/MYR : 4.1410 (+0.0108)
SGD/MYR : 3.2219 (-0.0066)

Crude Oil : $69.72 (+0.03)
Gold : $2,658.81 (+0.08)

US stocks were mixed after the close on Wednesday, as gains in the Utilities, Technology and Telecoms sectors led shares higher while losses in the Oil & Gas, Healthcare and Basic Materials sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average lost 0.70%, while the S&P 500 index declined 0.19%, and the NASDAQ Composite index added 0.06%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1,991 to 804 and 96 ended unchanged; on the Nasdaq Stock Exchange, 2,240 fell and 1,052 advanced, while 124 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) CENSOF (KLSE: 5195)
Technical BUY on breakout (RM0.295) with +27.1% potential return
* Last: RM0.285 TP: RM0.345, RM0.375 SL: RM0.245
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) DRBHCOM (KLSE: 1619)
Technical BUY with +16.9% potential return
* Last: RM1.18 TP: RM1.29, RM1.38 SL: RM1.04
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) EWINT (KLSE: 5283)
Technical BUY on breakout (RM0.315) with +19.0% potential return
* Last: RM0.31 TP: RM0.355, RM0.375 SL: RM0.285
* Timeframe: 2 weeks to 2 months
* Shariah: NO

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

UOBKH Malaysia Trading Idea
26 September 2024
___

Follow our official UOB Kay Hian Instagram page for event updates: https://www.instagram.com/uobkayhianmalaysia/

#TradingIdea #UOBKayHian #UOBKayHianMalaysia

UOBKH Singapore Retail Market Monitor
26 September 2024

Short Term Opportunity:
1) Parkway Life Real Estate Investment Trust (SGX: C2PU)
Technical Buy range S$4.07-4.08
Last: S$4.08
TP: S$4.46
SL: S$3.99

2) Venture Corp (SGX: V03)
Technical Buy range S$13.87-13.89
Last: S$13.81
TP: S$12.61
SL: S$14.24

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

UOBKH Hong Kong Retail Market Monitor
26 September 2024

Short Term Opportunity:
1) China Communications Construction Company Limited(HKEX: 1800)
Technical BUY range HK4.45-4.50
Last: HK$4.45
TP: HK$4.74/HK$4.88
SL: HK$4.25

2) NetEase, Inc. (HKEX: 9999)
Technical BUY range HK$134.00-135.00
Last: HK$133.10
TP: HK$143.00/HK$151.00
SL: HK$128.00

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

Will We See a Change in Interest Rates? 📊

The U.S. market is reacting positively to the 50 basis point rate cut, but consumer confidence is dipping as worries about job security increase. With PCE data set to be released soon, could we see a change in interest rates? Plus, with a slowdown in Chinese and European markets, can the U.S. continue to grow strong? Join Paul DeVierno as he shares expert insights on the US market.

Click the link to watch: https://www.facebook.com/share/v/yaZnvqt7GTasCJhF/

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