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
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
Telegram
UOB Kay Hian Malaysia (Official)
Daily local, regional and global stock trading and wealth building investment ideas.
Link in bio
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Link in bio
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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
25 September 2024
___
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#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
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
Telegram
UOB Kay Hian Malaysia (Official)
Daily local, regional and global stock trading and wealth building investment ideas.
Link in bio
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Link in bio
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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
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
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
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Forwarded from UOB Kay Hian Malaysia (Official)
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
📆 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
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
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
Media is too big
VIEW IN TELEGRAM
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
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
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
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 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
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
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 UOBKH Trading Ideas
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/
Follow us on Facebook:
UTRADE Singapore
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/
Follow us on Facebook:
UTRADE Singapore
Forwarded from UOB Kay Hian Malaysia (Official)
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
📆 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
27 September 2024
FBMKLCI: 1,671.32 (-2.06)
Support: 1,635, 1,600
Resistance: 1,700, 1,735
Bursa Top Gainers:
HLFG (+3.6%), NESTLE (+2.5%), MAXIS (+1.3%)
Bursa Top Losers:
YTL (-3.4%), SDG (-2.7%), YTLPOWR (-1.5%)
Bursa Trade Statistics
Local Institutions (41.46%): +RM35.00m
Local Retail (17.33%): +RM51.00m
Foreign (41.20%): -RM87.00m
Global Equity Indexes
MSCI Asia : 189.62 (-0.02, -0.01%)
NASDAQ : 18,190.29 (+108.08, +0.60%)
S&P500 : 5,745.37 (+23.11, +0.40%)
DJIA : 42,175.11 (+260.36, +0.62%)
USD/MYR : 4.1200 (-0.021)
SGD/MYR : 3.2078 (-0.0141)
Crude Oil : $67.21 (-0.68)
Gold : $2,670.33 (-0.08)
US stocks were higher after the close on Thursday, as gains in the Basic Materials, Industrials and Technology sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average added 0.62%, while the S&P 500 index added 0.40%, and the NASDAQ Composite index added 0.58%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,754 to 1,050 and 94 ended unchanged; on the Nasdaq Stock Exchange, 2,083 rose and 1,176 declined, while 150 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) CRESBLD (KLSE: 8591)
Technical BUY on breakout (RM0.685) with +16.1% potential return
* Last: RM0.67 TP: RM0.755, RM0.795 SL: RM0.605
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) HAPSENG (KLSE: 3034)
Technical BUY with +9.8% potential return
* Last: RM4.08 TP: RM4.33, RM4.48 SL: RM3.89
* Timeframe: 2 weeks to 2 months
* Shariah: NO
3) SLVEST (KLSE: 0215)
Technical BUY with +12.3% potential return
* Last: RM1.62 TP: RM1.69, RM1.82 SL: RM1.47
* 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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27 September 2024
FBMKLCI: 1,671.32 (-2.06)
Support: 1,635, 1,600
Resistance: 1,700, 1,735
Bursa Top Gainers:
HLFG (+3.6%), NESTLE (+2.5%), MAXIS (+1.3%)
Bursa Top Losers:
YTL (-3.4%), SDG (-2.7%), YTLPOWR (-1.5%)
Bursa Trade Statistics
Local Institutions (41.46%): +RM35.00m
Local Retail (17.33%): +RM51.00m
Foreign (41.20%): -RM87.00m
Global Equity Indexes
MSCI Asia : 189.62 (-0.02, -0.01%)
NASDAQ : 18,190.29 (+108.08, +0.60%)
S&P500 : 5,745.37 (+23.11, +0.40%)
DJIA : 42,175.11 (+260.36, +0.62%)
USD/MYR : 4.1200 (-0.021)
SGD/MYR : 3.2078 (-0.0141)
Crude Oil : $67.21 (-0.68)
Gold : $2,670.33 (-0.08)
US stocks were higher after the close on Thursday, as gains in the Basic Materials, Industrials and Technology sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average added 0.62%, while the S&P 500 index added 0.40%, and the NASDAQ Composite index added 0.58%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,754 to 1,050 and 94 ended unchanged; on the Nasdaq Stock Exchange, 2,083 rose and 1,176 declined, while 150 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) CRESBLD (KLSE: 8591)
Technical BUY on breakout (RM0.685) with +16.1% potential return
* Last: RM0.67 TP: RM0.755, RM0.795 SL: RM0.605
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) HAPSENG (KLSE: 3034)
Technical BUY with +9.8% potential return
* Last: RM4.08 TP: RM4.33, RM4.48 SL: RM3.89
* Timeframe: 2 weeks to 2 months
* Shariah: NO
3) SLVEST (KLSE: 0215)
Technical BUY with +12.3% potential return
* Last: RM1.62 TP: RM1.69, RM1.82 SL: RM1.47
* 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
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