UOBKH Retail Market Monitor
15 October 2024

FBMKLCI: 1,636.54 (+2.99)
Support: 1,635, 1,600
Resistance: 1,683, 1,700

Bursa Top Gainers:
PETDAG (+1.9%), PBBANK (+1.9%), KLK (+1.8%)

Bursa Top Losers:
GENM (-3.4%), NESTLE (-2.0%), GENTING (-2.0%)

Bursa Trade Statistics
Local Institutions (45.89%): +RM81.00m
Local Retail (19.06%): +RM135.00m
Foreign (35.04%): -RM217.00m

Global Equity Indexes
MSCI Asia : 192.54 (0.00, 0.00%)
NASDAQ : 18,502.69 (+159.75, +0.87%)
S&P500 : 5,859.85 (+44.82, +0.77%)
DJIA : 43,065.22 (+201.36, +0.47%)

USD/MYR : 4.2978 (-0.0007)
SGD/MYR : 3.2864 (-0.0056)

Crude Oil : $71.71 (-2.12)
Gold : $2,649.11 (+0.57)

US stocks were higher after the close on Monday, as gains in the Utilities, Technology and Industrials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average gained 0.47% to hit a new all time high, while the S&P 500 index added 0.77%, and the NASDAQ Composite index added 0.87%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,638 to 1,158 and 94 ended unchanged; on the Nasdaq Stock Exchange, 1,818 rose and 1,477 declined, while 128 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) HARBOUR (KLSE: 2062)
Technical BUY with +10.1% potential return
* Last: RM1.49 TP: RM1.59, RM1.64 SL: RM1.34
* Timeframe: 2 weeks to 2 months
* Shariah: NO

2) CHGP (KLSE: 7187)
Technical BUY with +21.4% potential return
* Last: RM2.01 TP: RM2.24, RM2.44 SL: RM1.74
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) FEYTECH (KLSE: 5322)
Technical BUY with +16.9% potential return
* Last: RM0.89 TP: RM0.995, RM1.04 SL: RM0.84
* 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.

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

UOBKH Singapore Retail Market Monitor
15 October 2024

Short Term Opportunity:
1) Thai Beverage (SGX: Y92)
Technical Buy range S$0.525-0.530
Last: S$0.530
TP: S$0.585
SL: S$0.505

2) Parkway Life Real Estate Investment Trust (SGX: C2PU)
Technical Buy range S$4.03-4.04
Last: S$4.01
TP: S$3.78
SL: S$4.11

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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
15 October 2024

Short Term Opportunity:
1) CK Infrastructure Holdings Limited(HKEX: 1038)
Technical BUY range HK53.50-53.80
Last: HK$53.80
TP: HK$57.05/HK$58.20
SL: HK$51.00

2) Postal Savings Bank of China Co., Ltd. (HKEX: 1658)
Technical BUY range HK$4.75-4.79
Last: HK$4.79
TP: HK$5.00/HK$5.25
SL: HK$4.54

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 Retail Market Monitor
16 October 2024

FBMKLCI: 1,641.97 (+5.43)
Support: 1,635, 1,600
Resistance: 1,683, 1,700

Bursa Top Gainers:
NESTLE (+3.4%), SDG (+2.6%), MAXIS (+2.5%)

Bursa Top Losers:
YTL (-6.1%), YTLPOWR (-4.8%), MISC (-1.8%)

Bursa Trade Statistics
Local Institutions (40.62%): -RM108.00m
Local Retail (17.54%): +RM20.00m
Foreign (41.84%): +RM88.00m

Global Equity Indexes
MSCI Asia : 192.32 (-0.22, -0.11%)
NASDAQ : 18,315.59 (-187.10, -1.01%)
S&P500 : 5,815.26 (-44.59, -0.76%)
DJIA : 42,740.42 (-324.80, -0.75%)

USD/MYR : 4.3133 (+0.0155)
SGD/MYR : 3.2917 (+0.0053)

Crude Oil : $71.05 (+0.47)
Gold : $2,660.13 (-2.45)

US stocks were lower after the close on Tuesday, as losses in the Oil & Gas, Technology and Healthcare sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average lost 0.75%, while the S&P 500 index fell 0.76%, and the NASDAQ Composite index declined 0.98%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1,469 to 1,350 and 80 ended unchanged; on the Nasdaq Stock Exchange, 1,653 rose and 1,618 declined, while 130 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) ASTRO (KLSE: 6399)
Technical BUY on breakout (RM0.275) with +25.5% potential return
* Last: RM0.26 TP: RM0.31, RM0.345 SL: RM0.23
* Timeframe: 2 weeks to 2 months
* Shariah: NO

2) TECHBND (KLSE: 5289)
Technical BUY with +17.4% potential return
* Last: RM0.43 TP: RM0.475, RM0.505 SL: RM0.395
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) TRC (KLSE: 5054)
Technical BUY with +18.1% potential return
* Last: RM0.415 TP: RM0.46, RM0.49 SL: RM0.375
* 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
16 October 2024
___

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

#TradingIdea #UOBKayHian #UOBKayHianMalaysia

Join our upcoming educational webinar in collaboration with Bursa Malaysia-i.

ABOUT THIS MASTERCLASS

[Session 1] Fundamental Analysis Masterclass | 9:30am – 12:30pm
Presented by Jack Goh, Research Analyst, UOB Kay Hian

Language: English
Registration Link for Online Class FA: https://bit.ly/MasterclassFAOct

__

[Session 2] Technical Analysis Masterclass & Trading on Structured Warrants Masterclass | 1:30pm – 5:30pm
Presented by Fakhrul Asyraq, Investment Analyst, UOB Kay Hian and Choong Kum Kie, Equity Derivatives Sales, Macquarie Warrants Malaysia

Language: Bilingual (English and Bahasa)
Registration Link for Online Class TA: https://bit.ly/MasterclassTAOct
_

#UOBKayHianEvents
#UOBKayHian

UOBKH Hong Kong Retail Market Monitor
16 October 2024

Short Term Opportunity:
1) ASMPT Limited(HKEX: 522)
Technical BUY range HK92.80-93.25
Last: HK$92.20
TP: HK$97.70/HK$102.80
SL: HK$89.00

2) BOC Aviation Limited (HKEX: 2588)
Technical BUY range HK$62.00-62.55
Last: HK$63.05
TP: HK$65.70/HK$66.70
SL: HK$60.00

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

UOBKH Singapore Retail Market Monitor
16 October 2024

Short Term Opportunity:
1) SIA Engineering Co (SGX: S59)
Technical Buy range S$2.37-2.38
Last: S$2.39
TP: S$2.60
SL: S$2.34

2) UMS Holdings (SGX: 558)
Technical Buy range S$1.04-1.05
Last: S$1.05
TP: S$1.14
SL: S$1.01

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

DON'T FORGET TO REGISTER FOR THIS WEBINAR!

CIO Series 13: How to Best Position for a Potential China Recovery

📅 Date: Tuesday, 22 Oct 2024
🕔 Time: 6:30pm - 7:30pm (1hr)
📈 Mode: Online Webinar
🗣️ Language: English

🔗 REGISTER NOW! OPEN TO PUBLIC
https://attendee.gotowebinar.com/register/4982902473166142042?source=my

🔹Presented by Qi Wang, CIO, UOB Kay Hian Wealth Management

🔹 In this CIO Series, we will explore how to navigate long-term challenges faced by China, such as macroeconomic uncertainty and policy risks, while seizing short-term trading opportunities. Is the current rally sustainable? What key macro indicators should we monitor? Join us as we discuss how to best position for a potential economic recovery in China.


#UOBKayHianMalaysia
#CIOSeries

Join our upcoming educational webinar in collaboration with Bursa Malaysia-i.

ABOUT THIS MASTERCLASS

[Session 1] Fundamental Analysis Masterclass | 9:30am – 12:30pm
Presented by Jack Goh, Research Analyst, UOB Kay Hian

Language: English
Registration Link for Online Class FA: https://bit.ly/MasterclassFAOct

__

[Session 2] Technical Analysis Masterclass & Trading on Structured Warrants Masterclass | 1:30pm – 5:30pm
Presented by Fakhrul Asyraq, Investment Analyst, UOB Kay Hian and Choong Kum Kie, Equity Derivatives Sales, Macquarie Warrants Malaysia

Language: Bilingual (English and Bahasa)
Registration Link for Online Class TA: https://bit.ly/MasterclassTAOct
_

#UOBKayHianEvents
#UOBKayHian

UOBKH Retail Market Monitor
17 October 2024

FBMKLCI: 1,623.23 (-9.34)
Support: 1,616, 1,600
Resistance: 1,662, 1,683

Bursa Top Gainers:
GENM (+4.5%), GENTING (+2.0%), MRDIY (+1.4%)

Bursa Top Losers:
SDG (-2.3%), PMETAL (-2.3%), KLK (-2.1%)

Bursa Trade Statistics
Local Institutions (33.43%): -RM78.00m
Local Retail (13.05%): +RM41.00m
Foreign (53.52%): +RM38.00m

Global Equity Indexes
MSCI Asia : 191.79 (-0.54, -0.28%)
NASDAQ : 18,367.08 (+51.49, +0.28%)
S&P500 : 5,842.47 (+27.21, +0.47%)
DJIA : 43,077.70 (+337.28, +0.79%)

USD/MYR : 4.3133 (-0.0085)
SGD/MYR : 3.2917 (-0.0118)

Crude Oil : $70.82 (+0.43)
Gold : $2,675.91 (+2.08)

US stocks were higher after the close on Wednesday, as gains in the Utilities, Financials and Basic Materials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average gained 0.79% to hit a new all-time high, while the S&P 500 index gained 0.47%, and the NASDAQ Composite index added 0.28%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 2,113 to 691 and 92 ended unchanged; on the Nasdaq Stock Exchange, 2,431 rose and 892 declined, while 111 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) WELLCAL (KLSE: 7231)
Technical BUY on breakout (RM1.57) with +10.8% potential return
* Last: RM1.54 TP: RM1.69, RM1.74 SL: RM1.47
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) HIGHTEC (KLSE: 7033)
Technical BUY on breakout (RM0.825) with +17.0% potential return
* Last: RM0.775 TP: RM0.92, RM0.965 SL: RM0.745
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) RAMSSOL (KLSE: 0236)
Technical BUY with +26.2% potential return
* Last: RM0.63 TP: RM0.765, RM0.795 SL: RM0.545
* 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 Hong Kong Retail Market Monitor
17 October 2024

Short Term Opportunity:
1) Zhaojin Mining Industry Company Limited(HKEX: 1818)
Technical BUY range HK13.38-13.48
Last: HK$13.52
TP: HK$14.48/HK$14.88
SL: HK$12.70

2) Sino Land Company Limited (HKEX: 83)
Technical BUY range HK$8.50-8.53
Last: HK$8.57
TP: HK$8.88/HK$9.00
SL: HK$8.30

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