Beyond Headlines Series
MALAYSIA POST-BUDGET DISCUSSION

Curious about how Budget 2025 will transform Malaysia's economic landscape under the Ekonomi Madani framework? Don’t miss this chance to hear cutting-edge insights from top experts on how the latest budget is driving strategic investments, boosting government efficiency, and ensuring inclusive growth for all Malaysians.

Secure your spot in this must-attend event.
📅 Date: Saturday, 26 Oct 2024
🕔 Time: 11:30am - 12:30am (1hr)
📈 Mode: Online Webinar
🗣️ Language: English
🔗 REGISTER NOW! OPEN TO PUBLIC
https://bit.ly/MalaysiaBudget2024Review

Organiser: UOB Kay Hian Wealth Advisors Sdn Bhd
Co-Organiser: Faculty of Business sand Economics, Universiti Malaya

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#UOBKayHian
#BeyondHeadlines
#MalaysiaBudget2025 #Budget2025
#Belanjawan2025

WEBINAR INVITATION

Finding Magic In The Mundane

📆 Saturday, 26 October 2024
⏰ 9:00am-11.00am
🌐 Register at https://bit.ly/4eXZvR0
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Session 1 • Uncovering Exciting Laggards
Presented by Keith Wee, Director, Research, UOB Kay Hian

The KL Finance index has outperformed the FBMKLCI by 7ppt ytd fueled by a surge in net foreign inflows. Given that sector valuations of 1.25x PBV is currently trading at a relatively rich +1 Standard Deviation (SD) above its historical mean P/B (1.13x) we advocate investors switching to laggards within the sector.

Session 2 • Finding Magic In The Mundane
Presented by Desmond Chong, Head of Research, UOB Kay Hian

The modern adage "wake me up when September ends" continues to resonate as the local market adopts a risk-off stance ahead of the US presidential election in November.
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#UOBKayHianEvents #UOBKayHianMalaysia

Will Trump Trade send markets soaring? 🤔

With Treasury yields up 20 basis points and gold surging, are we on the brink of more gains? Join Paul DeVierno for expert insights on the challenges ahead and how the stock market might react to Q3 earnings.

Click the link to watch: https://fb.watch/vowc3I7VCg/

Follow us on Facebook:
UTRADE Singapore

UOBKH Retail Market Monitor
24 October 2024

FBMKLCI: 1,641.53 (-1.01)
Support: 1,616, 1,600
Resistance: 1,662, 1,683

Bursa Top Gainers:
MRDIY (+1.4%), HLFG (+1.4%), RHBBANK (+0.9%)

Bursa Top Losers:
PMETAL (-1.9%), SDG (-1.2%), AXIATA (-1.2%)

Bursa Trade Statistics
Local Institutions (46.61%): +RM124.59m
Local Retail (17.97%): -RM77.24m
Foreign (35.42%): -RM47.35m

Global Equity Indexes
MSCI Asia : 188.33 (-1.94, -1.02%)
NASDAQ : 18,276.66 (-296.47, -1.60%)
S&P500 : 5,797.42 (-53.78, -0.92%)
DJIA : 42,514.95 (-409.94, -0.95%)

USD/MYR : 4.3540 (+0.026)
SGD/MYR : 3.2909 (+0.001)

Crude Oil : $71.21 (-0.88)
Gold : $2,718.23 (-43.57)

US stocks were lower after the close on Wednesday, as losses in the Technology, Consumer Services and Consumer Goods sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average fell 0.96%, while the S&P 500 index declined 0.92%, and the NASDAQ Composite index fell 1.59%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2,038 to 776 and 77 ended unchanged; on the Nasdaq Stock Exchange, 2,296 fell and 1,012 advanced, while 137 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) EVERGRN (KLSE: 5101)
Technical BUY on breakout (RM 0.33) with +30.3% potential return
* Last: RM0.31 TP: RM0.38, RM0.43 SL: RM0.295
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) GREATEC (KLSE: 0208)
Technical BUY on breakout (RM 2.18) with +23.4% potential return
* Last: RM2.11 TP: RM2.52, RM2.69 SL: RM1.91
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) PPHB (KLSE: 8273)
Technical BUY on breakout (RM 0.84) with +18.5% potential return
* Last: RM0.815 TP: RM0.94, RM0.995 SL: RM0.775
* 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
24 October 2024
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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
24 October 2024

Short Term Opportunity:
1) Geely Automobile Holdings Limited (HKEX: 175)
Technical BUY range HK$ 14.24-14.54
Last: HK$ 14.54
TP: HK$ 15.14/ HK$ 15.90
SL: HK$ 13.60

2) China Pacific Insurance (Group) Co Ltd (HKEX: 2601)
Technical BUY range HK$ 29.55-29.95
Last: HK$ 29.95
TP: HK$ 31.80/ HK$ 33.15
SL: HK$ 27.70

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

WEBINAR INVITATION

Finding Magic In The Mundane

📆 Saturday, 26 October 2024
⏰ 9:00am-11.00am
🌐 Register at https://bit.ly/4eXZvR0
__

Session 1 • Uncovering Exciting Laggards
Presented by Keith Wee, Director, Research, UOB Kay Hian

The KL Finance index has outperformed the FBMKLCI by 7ppt ytd fueled by a surge in net foreign inflows. Given that sector valuations of 1.25x PBV is currently trading at a relatively rich +1 Standard Deviation (SD) above its historical mean P/B (1.13x) we advocate investors switching to laggards within the sector.

Session 2 • Finding Magic In The Mundane
Presented by Desmond Chong, Head of Research, UOB Kay Hian

The modern adage "wake me up when September ends" continues to resonate as the local market adopts a risk-off stance ahead of the US presidential election in November.
__

#UOBKayHianEvents #UOBKayHianMalaysia

ANNOUNCEMENT

🇲🇾Bursa Shariah Equities🇲🇾
Active Traders Campaign

Trade in Shariah-compliant stocks on Bursa Malaysia and get the chance to redeem for a Harvey Norman Gift Card worth RM488!

Promotion Period:
1 October 2024-31 December 2024

Details and full T&C 👇🏾

https://www.bit.ly/ActiveTradersMY
https://www.bit.ly/ActiveTradersMY
https://www.bit.ly/ActiveTradersMY
https://www.bit.ly/ActiveTradersMY
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#UOBKayHian
#UOBKayHianMalaysia
#UTRADE #UTRADEMalaysia
#UTRADEGlobalStockTradingSuperapp
#ActiveTradersCampaign
#TradeBursaShariah
#BursaMalaysia-i
#HarveyNorman

We Foresee 2 Surprises on Election Day!

Grover Cleveland is the first president of the US on non-consecutive terms - could Trump become the second? As he gains support among various demographic groups, can Kamala Harris secure the votes of white women and emerge as the next president? Tune in to Paul DeVierno as he reveals two surprises that may unfold on Election Day, exploring the dynamic political landscape and its impact on financial markets.

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

Follow us on Facebook:
UTRADE Singapore

UOBKH Retail Market Monitor
25 October 2024

FBMKLCI: 1,632.23 (-9.30)
Support: 1,616, 1,600
Resistance: 1,662, 1,683

Bursa Top Gainers:
IHH (+2.8%), MRDIY (+0.90%), MAXIS (+0.53%)

Bursa Top Losers:
YTLPOWR (-6.4%), YTL (-4.1%), PCHEM (-3.0%)

Bursa Trade Statistics
Local Institutions (44.56%): +RM182.57m
Local Retail (17.62%): -RM47.69m
Foreign (37.82%): -RM230.26m

Global Equity Indexes
MSCI Asia : 187.37 (-0.96, -0.51%)
NASDAQ : 18,415.49 (+138.84, +0.76%)
S&P500 : 5,809.86 (+12.44, +0.21%)
DJIA : 42,374.36 (-140.59, -0.33%)

USD/MYR : 4.3460 (-0.008)
SGD/MYR : 3.2946 (+0.0037)

Crude Oil : $70.61 (-0.60)
Gold : $2,733.36 (+15.13)

US stocks were mixed after the close on Thursday, as gains in the Consumer Goods, Consumer Services and Technology sectors led shares higher while losses in the Basic Materials, Utilities and Healthcare sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average lost 0.33%, while the S&P 500 index climbed 0.21%, and the NASDAQ Composite index added 0.75%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,475 to 1,333 and 69 ended unchanged; on the Nasdaq Stock Exchange, 1,736 fell and 1,550 advanced, while 121 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) RANHILL (KLSE: 5272)
Technical BUY on breakout (RM 1.34) with +21.6% potential return
* Last: RM1.30 TP: RM1.51, RM1.63 SL: RM1.19
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) SMRT (KLSE: 0117)
Technical BUY with +21.9% potential return
* Last: RM1.14 TP: RM1.31, RM1.39 SL: RM0.995
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) WTK (KLSE: 4243)
Technical BUY on breakout (RM 0.49) with +21.4% potential return
* Last: RM0.49 TP: RM0.57, RM0.595 SL: RM0.445
* 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 October 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 October 2024

Short Term Opportunity:
1) China Coal Energy Company Limited (HKEX: 1898)
Technical BUY range HK$ 9.80-9.88
Last: HK$ 9.95
TP: HK$ 10.40/ HK$ 10.66
SL: HK$ 9.34

2) New Oriental Education & Technology Group Inc. (HKEX: 9901)
Technical BUY range HK$ 48.00-49.00
Last: HK$ 46.80
TP: HK$ 51.90/ HK$ 53.15
SL: HK$ 45.80

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

WEBINAR INVITATION

Finding Magic In The Mundane

📆 Saturday, 26 October 2024
⏰ 9:00am-11.00am
🌐 Register at https://bit.ly/4eXZvR0
__

Session 1 • Uncovering Exciting Laggards
Presented by Keith Wee, Director, Research, UOB Kay Hian

The KL Finance index has outperformed the FBMKLCI by 7ppt ytd fueled by a surge in net foreign inflows. Given that sector valuations of 1.25x PBV is currently trading at a relatively rich +1 Standard Deviation (SD) above its historical mean P/B (1.13x) we advocate investors switching to laggards within the sector.

Session 2 • Finding Magic In The Mundane
Presented by Desmond Chong, Head of Research, UOB Kay Hian

The modern adage "wake me up when September ends" continues to resonate as the local market adopts a risk-off stance ahead of the US presidential election in November.
__

#UOBKayHianEvents #UOBKayHianMalaysia