UOBKH Retail Market Monitor
12 December 2024

FBMKLCI: 1,603.20 (-5.77)
Support: 1,587, 1,575
Resistance: 1,635, 1,648

Bursa Top Gainers:
NESTLE (+2.1%), PBBANK (+2.0%), MAXIS (+1.2%)

Bursa Top Losers:
SUNWAY (-5.9%), IHH (-3.8%), PCHEM (-2.2%)

Bursa Trade Statistics
Local Institutions (40.07%): RM264.00m
Local Retail (18.76%): RM9.00m
Foreign (41.16%): -RM273.00m

Global Equity Indexes
MSCI Asia : 186.19 (-0.60, -0.32%)
NASDAQ : 20,034.89 (+347.65, +1.77%)
S&P500 : 6,084.19 (+49.28, +0.82%)
DJIA : 44,148.56 (-99.27, -0.22%)

USD/MYR : 4.4303 (+0.0018)
SGD/MYR : 3.2984 (-0.0037)

Crude Oil : $70.36 (+0.07)
Gold : $2,721.46 (+3.23)

US stocks were mixed after the close on Wednesday, as gains in the Technology, Consumer Goods and Consumer Services sectors led shares higher while losses in the Healthcare, Utilities and Basic Materials sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average declined 0.22%, while the S&P 500 index climbed 0.82%, and the NASDAQ Composite index climbed 1.76%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,511 to 1,277 and 97 ended unchanged; on the Nasdaq Stock Exchange, 1,670 fell and 1,651 advanced, while 112 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) JHM (KLSE: 0127)
Technical BUY with +45.3% potential return
* Last: RM0.465 TP: RM0.59, RM0.69 SL: RM0.365
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) ADB (KLSE: 0276)
Technical BUY with +21.8% potential return
* Last: RM1.10 TP: RM1.28, RM1.34 SL: RM0.945
* Timeframe: 2 weeks to 2 months
* Shariah: NO

3) ATECH (KLSE: 5302)
Technical BUY with +16.9% potential return
* Last: RM3.31 TP: RM3.66, RM3.87 SL: RM2.76
* 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 Malaysia Trading Idea
12 December 2024
_

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

#TradingIdea #UOBKayHian #UOBKayHianMalaysia

UOBKH Singapore Retail Market Monitor
12 December 2024

Short Term Opportunity:
1) Yangzijiang Financial Holding (SGX: YF8)
Technical Buy range S$0.400-0.405
Last: S$0.405
TP: S$0.440
SL: S$0.385

2) Medtecs International Corp (SGX: 546)
Technical Buy range S$0.140-0.141
Last: S$0.14
TP: S$0.158
SL: S$0.136

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
12 December 2024

Short Term Opportunity:
1) Mengniu Dairy(HKEX: 2319)
Technical BUY range HK$17.52-17.60
Last: HK$17.48
TP: HK$18.46/HK$19.46
SL: HK$16.36

2) Zhaojin Mining (HKEX: 1818)
Technical BUY range HK$11.40-11.60
Last: HK$11.62
TP: HK$12.26/HK$12.98
SL: HK$10.60

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 Retail Market Monitor
13 December 2024

FBMKLCI: 1,602.08 (-1.12)
Support: 1,587, 1,575
Resistance: 1,635, 1,648

Bursa Top Gainers:
PETGAS (+2.2%), SUNWAY (+2.0%), YTLPOWR (+1.7%)

Bursa Top Losers:
CDB (-1.9%), TENAGA (-1.5%), PBBANK (-0.87%)

Bursa Trade Statistics
Local Institutions (44.19%): RM352.00m
Local Retail (18.85%): -RM1.00m
Foreign (36.96%): -RM351.00m

Global Equity Indexes
MSCI Asia : 187.53 (+1.34, +0.72%)
NASDAQ : 19,902.84 (-132.05, -0.66%)
S&P500 : 6,051.25 (-32.94, -0.54%)
DJIA : 43,914.12 (-235.44, -0.53%)

USD/MYR : 4.4412 (+0.0109)
SGD/MYR : 3.2980 (-0.0004)

Crude Oil : $69.92 (-0.44)
Gold : $2,681.21 (-40.21)

US stocks were lower after the close on Thursday, as losses in the Basic Materials, Healthcare and Oil & Gas sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average fell 0.53%, while the S&P 500 index declined 0.54%, and the NASDAQ Composite index fell 0.65%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2,076 to 739 and 69 ended unchanged; on the Nasdaq Stock Exchange, 2,338 fell and 970 advanced, while 112 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) ATAIMS (KLSE: 8176)
Technical BUY with +39.7% potential return
* Last: RM0.305 TP: RM0.385, RM0.44 SL: RM0.265
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) KOBAY (KLSE: 6971)
Technical BUY on breakout (RM1.62) with +25.9% potential return
* Last: RM1.51 TP: RM1.87, RM2.04 SL: RM1.34
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) EDARAN (KLSE: 5036)
Technical BUY with +34.6% potential return
* Last: RM1.91 TP: RM2.19, RM2.57 SL: RM1.61
* 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
13 December 2024
_

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

#TradingIdea #UOBKayHian #UOBKayHianMalaysia

UOBKH Singapore Retail Market Monitor
13 December 2024

Short Term Opportunity:
1) Singapore Post (SGX: S08)
Technical Buy range S$0.580-0.585
Last: S$0.585
TP: S$0.665
SL: S$0.565

2) Oversea-Chinese Banking (SGX: O39)
Technical Buy range S$16.72-16.73
Last: S$16.80
TP: S$18.50
SL: S$16.33

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
13 December 2024

Short Term Opportunity:
1) Tingyi (Cayman Islands) Holding(HKEX: 322)
Technical BUY range HK$10.46-10.56
Last: HK$10.56
TP: HK$11.00/HK$11.48
SL: HK$9.94

2) Yum China (HKEX: 9987)
Technical BUY range HK$400.00-404.00
Last: HK$393.00
TP: HK$430.00/HK$438.20
SL: HK$369.00

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

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