UOBKH Singapore Retail Market Monitor
17 April 2023

Short Term Opportunity:
1) ParkwayLife Reit (SGX: C2PU)
Technical BUY Range S$3.98-3.99
Last: S$4.04
TP: S$4.26
SL: S$3.88

2) Raffels Medical (SGX: BSL)
Technical BUY Range US$1.49-1.50
Last: US$1.49
TP: US$1.65
SL: US$1.45

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
18 April 2023

FBMKLCI: 1,434.90 (-0.23)
Support: 1,395, 1,374
Resistance: 1,462, 1,480

Bursa Top Gainers:
MAXIS (+1.6%), PETDAG (+2.1%), HLBANK (+1.8%)

Bursa Top Losers:
INARI (-1.7%), SIMEPLT (-1.4%), DIALOG (-1.3%)

Bursa Trade Statistics
Local Institutions (49.4%): -RM25.7m
Local Retail (30.4%): -RM8.4m
Foreign (20.2%): +RM34.1m

Global Equity Indexes
MSCI Asia : 163.46 (+0.17, +0.10%)
NASDAQ : 12,157.72 (+34.25, +0.28%)
S&P500 : 4,151.32 (+13.68, +0.33%)
DJIA : 33,987.18 (+100.71, +0.30%)

USD/MYR : 4.4292 (+0.0067)
SGD/MYR : 3.3194 (-0.0024)

Crude Oil : $ 80.85 (-1.72)
Gold : $ 1,994.98 (-8.82)

US stocks were higher after the close on Monday, as gains in the Financials, Industrials and Utilities sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average added 0.30%, while the S&P 500 index climbed 0.33%, and the NASDAQ Composite index gained 0.28%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,798 to 1,163 and 95 ended unchanged; on the Nasdaq Stock Exchange, 2,280 rose and 1,292 declined, while 146 ended unchanged. (Source: Investing.com)

Stocks To Watch:
1) FPI (KLSE: 9172)
Technical BUY with +13.9% potential return
* Last: RM2.73 TP: RM2.94, RM3.11 SL: RM2.64
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) TASCO (KLSE: 5140)
Technical BUY with +10.8% potential return
* Last: RM0.93 TP: RM0.995, RM1.03 SL: RM0.84
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) VS (KLSE: 6963)
Technical BUY on breakout (RM0.855) with +19.3% potential return
* Last: RM0.84 TP: RM0.97, RM1.02 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

#TradingIdeasMY

UOBKH Hong Kong Retail Market Monitor
18 April 2023

Short Term Opportunity:
1) ZA ONLINE (HKEX: 6060)
Technical BUY Range HK$25.50-26.20
Last: HK$26.25
TP: HK$27.20/HK$27.80
SL: HK$24.00

2) CHINA LIFE (HKEX: 2628)
Technical BUY Range HK$13.40-13.70
Last: HK$13.78
TP: HK$14.20/HK$14.80
SL: HK$12.50

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
18 April 2023

Short Term Opportunity:
1) Sembcorp Marine (SGX: S51)
Technical BUY Range S$0.118-0.119
Last: S$0.118
TP: S$0.130
SL: S$0.114

2) ST Engineering (SGX: S63)
Technical BUY Range US$3.65-3.66
Last: US$3.65
TP: US$3.88
SL: US$3.56

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
THE POWER OF BALANCING EMOTIONS IN INVESTING

📅 Saturday, 29 April 2023
⏰ 9:30am-12:30pm

REGISTER NOW!
🌐 https://bit.ly/InvestingEQ-TG
🌐 https://bit.ly/InvestingEQ-TG
🌐 https://bit.ly/InvestingEQ-TG

Talk is in English and open to public.

____

SESSION 1 • Banking - Finding Safe Harbour in Uncertain Times with Keith Wee

Malaysian banks remains resilient in recent banking crisis in selected US and European banks. Join us to gain further insights of why our banking system remains stable and which banks are best positioned for upcoming macro challenges.

SESSION 2 • Stock Picks April - Balancing Between Hopes and Fear with Desmond Chong

Despite expectations of tapering interest rate hikes, a risk-off market posture concerns of the growing odds of a recession. There are still bright spots from bottom-up stock pickings. Join us for the holistic insight foreign and local market analysis to thrive through market volatility
____

#UOBKayHianEvents

##

UOBKH Retail Market Monitor
19 April 2023

FBMKLCI: 1,432.36 (-2.54)
Support: 1,395, 1,374
Resistance: 1,462, 1,480

Bursa Top Gainers:
SIMEPLT (+2.4%), CDB (+1.1%), IOICORP (+1.0%)

Bursa Top Losers:
PETDAG (-2.1%), TENAGA (-2.0%), PMETAL (-1.9%)

Bursa Trade Statistics
Local Institutions (45.7%): -RM25.7m
Local Retail (33.4%): +RM48.5m
Foreign (20.9%): -RM22.8m

Global Equity Indexes
MSCI Asia : 163.68 (+0.22, +0.13%)
NASDAQ : 12,153.41 (-4.31, -0.04%)
S&P500 : 4,154.87 (+3.55, +0.09%)
DJIA : 33,976.63 (-10.55, -0.03%)

USD/MYR : 4.4288 (-0.0050)
SGD/MYR : 3.3236 (-0.0047)

Crude Oil : $ 80.89 (+0.04)
Gold : $ 2,005.53 (+10.55)

US stocks were mixed after the close on Tuesday, as gains in the Basic Materials, Oil & Gas and Consumer Services sectors led shares higher while losses in the Healthcare, Utilities and Telecoms sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average declined 0.03%, while the S&P 500 index gained 0.09%, and the NASDAQ Composite index declined 0.04%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1,633 to 1,327 and 106 ended unchanged; on the Nasdaq Stock Exchange, 2,153 fell and 1,462 advanced, while 139 ended unchanged. (Source: Investing.com)

Stocks To Watch:
1) ANNUM (KLSE: 5082)
Technical BUY with +36.2% potential return
* Last: RM0.235 TP: RM0.295, RM0.32 SL: RM0.195
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) RESINTC (KLSE: 7232)
Technical BUY with +16.2% potential return
* Last: RM0.525 TP: RM0.585, RM0.61 SL: RM0.46
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) N2N (KLSE: 0108)
Technical BUY with +21.3% potential return
* Last: RM0.445 TP: RM0.52, RM0.54 SL: RM0.415
* 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

#TradingIdeasMY

UOBKH Hong Kong Retail Market Monitor
19 April 2023

Short Term Opportunity:
1) WUXI BIO (HKEX: 2269)
Technical BUY Range HK$52.00-54.00
Last: HK$54.35
TP: HK$56.00/HK$58.00
SL: HK$49.50

2) SHOUGANG RES (HKEX: 639)
Technical BUY Range HK$2.55-2.65
Last: HK$2.68
TP: HK$2.75/HK$2.80
SL: HK$2.48

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
19 April 2023

Short Term Opportunity:
1) HongkongLand USD (SGX: H78)
Technical BUY Range S$4.40-4.42
Last: S$4.42
TP: S$4.70
SL: S$4.30

2) SIA Engineering (SGX: S59)
Technical BUY Range US$2.26-2.27
Last: US$2.26
TP: US$2.42
SL: US$2.20

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

Selamat Hari Raya Aidilfitri from UOB Kay Hian

We wish you a safe beautiful holiday shared with friends and family.

May this Hari Raya bring you lots of joyous celebrations and endless blessings.

Bursa Trading Closure Notification:

Kindly be notified that trading on Bursa Malaysia will be closed on Friday, 21 April 2023 and Monday, 24 April 2023 in conjunction with the additional Hari Raya Aidilfitri holiday as announced by the Prime Minister of Malaysia. Trading will resume operations on Tuesday, 25 April 2023. Bursa Malaysia will remain open for full day trading on Thursday, 20 April 2023, as normal.

##

#UOBKayHianGreets
#UOBkayHianMalaysia

UOBKH Retail Market Monitor
20 April 2023

FBMKLCI: 1,425.07 (-7.29)
Support: 1,395, 1,374
Resistance: 1,462, 1,480

Bursa Top Gainers:
INARI (+0.86%), TM (+0.61%), MISC (+0.14%)

Bursa Top Losers:
PCHEM (-2.6%), PETDAG (-2.1%), TENAGA (-1.4%)

Bursa Trade Statistics
Local Institutions (49.3%): +RM30.1m
Local Retail (29.5%): +RM63.5m
Foreign (21.2%): -RM93.6m

Global Equity Indexes
MSCI Asia : 162.55 (-1.13, -0.69%)
NASDAQ : 12,157.23 (-3.82, +0.03%)
S&P500 : 4,154.52 (-0.35, -0.01%)
DJIA : 33,897.01 (-79.62, -0.23%)

USD/MYR : 4.4305 (-0.0105)
SGD/MYR : 3.3204 (-0.0014)

Crude Oil : $ 78.89 (-2.00)
Gold : $ 1,996.19 (-9.34)

U.S. stocks were mixed after the close on Wednesday, as gains in the Utilities, Financials and Healthcare sectors led shares higher while losses in the Telecoms, Basic Materials and Consumer Goods sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average declined 0.23%, while the S&P 500 index lost 0.01%, and the NASDAQ Composite index climbed 0.03%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1591 to 1352 and 111 ended unchanged; on the Nasdaq Stock Exchange, 1806 rose and 1784 declined, while 161 ended unchanged. (Source: Investing.com)

Stocks To Watch:
1) MATRIX (KLSE: 5236)
Technical BUY on breakout (RM1.48) with +10.1% potential return
* Last: RM1.45 TP: RM1.57, RM1.63 SL: RM1.39
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) MEDIA (KLSE: 4502)
Technical BUY with +27.2% potential return
* Last: RM0.405 TP: RM0.47, RM0.515 SL: RM0.37
* Timeframe: 2 weeks to 2 months
* Shariah: NO

3) SCICOM (KLSE: 0099)
Technical BUY with +17.3% potential return
* Last: RM1.11 TP: RM1.22, RM1.29 SL: RM1.04
* 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

#TradingIdeasMY

UOBKH Hong Kong Retail Market Monitor
20 April 2023

Short Term Opportunity:
1) Want Want China Holdings Limited (HKEX: 151)
Technical BUY Range HK$5.10-5.20
Last: HK$5.21
TP: HK$5.38/HK$5.48
SL: HK$4.90

2) TCL Electronics Holdings Limited (HKEX: 1070)
Technical BUY Range HK$3.36-3.42
Last: HK$3.43
TP: HK$3.55/HK$3.60
SL: HK$3.16

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

#TradingIdeasHK

UOBKH Singapore Retail Market Monitor
20 April 2023

Short Term Opportunity:
1) Singapore Airlines (SGX: C6L)
Technical BUY Range S$5.79-5.80
Last: S$5.80
TP: S$6.15
SL: S$5.65

2) Venture Corp (SGX: V03)
Technical BUY Range S$17.56-17.58
Last: S$17.57
TP: S$18.70
SL: S$17.15

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

#TradingIdeasSG

UOBKH Retail Market Monitor
25 April 2023

FBMKLCI: 1,422.11 (-2.96)
Support: 1,395, 1,374
Resistance: 1,462, 1,480

Bursa Top Gainers:
PMETAL (+297%), MAXIS (+1.2%), PETDAG (+1.0%)

Bursa Top Losers:
IHH (-2.1%), INARI (-1.7%), CDB (-1.1%)

Bursa Trade Statistics
Local Institutions (48.5%): +RM14.0m
Local Retail (30.6%): +RM54.8m
Foreign (20.9%): -RM68.8m

Global Equity Indexes
MSCI Asia : 160.80 (-0.36, -0.22%)
NASDAQ : 12,037.20 (-35.26, -0.29%)
S&P500 : 4,137.04 (+3.52, +0.09%)
DJIA : 33,875.40 (+66.44, +0.20%)

USD/MYR : 4.4270 (-0.0103)
SGD/MYR : 3.3213 (-0.0057)

Crude Oil : $78.70 (-0.06)
Gold : $2,004.80 (+5.00)

U.S. stocks were mixed after the close on Monday, as gains in the Oil & Gas, Basic Materials and Healthcare sectors led shares higher while losses in the Telecoms, Technology and Financials sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average gained 0.20%, while the S&P 500 index gained 0.09%, and the NASDAQ Composite index lost 0.29%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1595 to 1360 and 92 ended unchanged; on the Nasdaq Stock Exchange, 2258 fell and 1359 advanced, while 128 ended unchanged. (Source: Investing.com)

Stocks To Watch:
1) EWEIN (KLSE: 7249)
Technical BUY with +22.4% potential return
** Last: RM0.625 TP: RM0.735, RM0.765 SL: RM0.595
** Timeframe: 2 weeks to 2 months
** Shariah: YES

2) AEMULUS (KLSE: 0181)
Technical BUY on breakout (RM0.395) with +34.6% potential return
** Last: RM0.390 TP: RM0.490, RM0.525 SL: RM0.310
** Timeframe: 2 weeks to 2 months
** Shariah: YES

3) JIANKUN (KLSE: 8923)
Technical BUY on breakout (RM0.235) with +61.0% potential return
** Last: RM0.205 TP: RM0.295, RM0.33 SL: RM0.185
** 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

📆 Mark your calendar!
Join Paul this Wednesday at 1pm as he shares his views in real time on trending topics that will impact the US market.

Watch LIVE on 26 Apr at 1pm:
👉 facebook.com/UOBKayHian.sg

UOBKH Retail Market Monitor
26 April 2023

FBMKLCI: 1,425.19 (+3.08)
Support: 1,395, 1,374
Resistance: 1,462, 1,480

Bursa Top Gainers:
SIMEPLT (+3.9%), PPB (+2.7%), KLK (+2.1%)

Bursa Top Losers:
PMETAL (-2.7%), MRDIY (-1.2%), CIMB (-0.6%)

Bursa Trade Statistics
Local Institutions (44.1%): +RM12.3m
Local Retail (31.6%): -RM3.0m
Foreign (24.3%): -RM9.3m

Global Equity Indexes
MSCI Asia : 159.81 (-0.99, -0.62%)
NASDAQ : 11,799.16 (-238.04, -1.98%)
S&P500 : 4,071.63 (-65.41, -1.58%)
DJIA : 33,530.83 (-344.57, -1.02%)

USD/MYR : 4.4580 (+0.0310)
SGD/MYR : 3.3331 (+0.0118)

Crude Oil : $77.36 (-1.34)
Gold : $2,011.50 (+6.70)

U.S. stocks were lower after the close on Tuesday, as losses in the Basic Materials, Technology and Consumer Services sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average lost 1.02%, while the S&P 500 index declined 1.58%, and the NASDAQ Composite index lost 1.98%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2487 to 494 and 71 ended unchanged; on the Nasdaq Stock Exchange, 2838 fell and 767 advanced, while 126 ended unchanged. (Source: Investing.com)

Stocks To Watch:
1) HSSEB (KLSE: 0185)
Technical BUY with +20.2% potential return
** Last: RM0.495 TP: RM0.57, RM0.595 SL: RM0.445
** Timeframe: 2 weeks to 2 months
** Shariah: YES

2) NTPM (KLSE: 5066)
Technical BUY on breakout (RM0.475) with +26.4% potential return
** Last: RM0.455 TP: RM0.535, RM0.575 SL: RM0.415
** Timeframe: 2 weeks to 2 months
** Shariah: YES

3) SNS (KLSE: 0259)
Technical BUY with +14.5% potential return
** Last: RM0.275 TP: RM0.295, RM0.315 SL: RM0.22
** 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
26 April 2023

Short Term Opportunity:
1) Tingyi (Cayman Islands) Holding Corp (HKEX: 322)
Technical BUY Range HK$13.20-13.60
Last: HK$13.64
TP: HK$14.08/HK$14.20
SL: HK$12.50

2) Sun Art Retail Group Limited (HKEX: 6808)
Technical BUY Range HK$3.20-3.42
Last: HK$3.49
TP: HK$3.55/HK$3.65
SL: HK$3.00

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 Retail Market Monitor
27 April 2023

FBMKLCI: 1,414.25 (-10.94)
Support: 1,395, 1,374
Resistance: 1,462, 1,480

Bursa Top Gainers:
PETDAG (+1.2%), TM (+0.6%)

Bursa Top Losers:
MRDIY (-2.5%), CIMB (-2.1%), IOICORP (-1.8%)

Bursa Trade Statistics
Local Institutions (46.0%): +RM31.7m
Local Retail (29.0%): +RM30.6m
Foreign (25.0%): -RM62.3m

Global Equity Indexes
MSCI Asia : 159.78 (-0.03, -0.02%)
NASDAQ : 11,854.35 (+55.19, +0.47%)
S&P500 : 4,055.99 (-15.64, -0.38%)
DJIA : 33,301.87 (-228.96, -0.68%)

USD/MYR : 4.4598 (+0.0018)
SGD/MYR : 3.3400 (+0.0069)

Crude Oil : $74.45 (-6.91)
Gold : $2,000.10 (-11.40)

US stocks were mixed after the close on Wednesday, as gains in the Technology, Consumer Services and Financials sectors led shares higher while losses in the Utilities, Industrials and Consumer Goods sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average declined 0.68%, while the S&P 500 index fell 0.38%, and the NASDAQ Composite index gained 0.47%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1,945 to 1,021 and 88 ended unchanged; on the Nasdaq Stock Exchange, 2,149 fell and 1,466 advanced, while 148 ended unchanged. (Source: Investing.com)

Stocks To Watch:
1) PGF (KLSE: 8117)
Technical BUY with +19.0% potential return
** Last: RM1.37 TP: RM1.49, RM1.63 SL: RM1.29
** Timeframe: 2 weeks to 2 months
** Shariah: YES

2) ULICORP (KLSE: 7133)
Technical BUY on breakout (RM1.14) with +17.5% potential return
** Last: RM1.10 TP: RM1.24, RM1.34 SL: RM1.03
** Timeframe: 2 weeks to 2 months
** Shariah: YES

3) VINVEST (KLSE: 0069)
Technical BUY on breakout (RM0.255) with +29.4% potential return
** Last: RM0.225 TP: RM0.31, RM0.33 SL: RM0.195
** 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

What moves the market? Check this out 👉🏾 Upcoming key economic data for May 2023.

UOBKH Retail Market Monitor
2 May 2023

FBMKLCI: 1,415.19 (-2.10)
Support: 1,395, 1,374
Resistance: 1,462, 1,480

Bursa Top Gainers:
PMETAL (+1.4%), INARI (+1.3%), PETDAG (+1.3%)

Bursa Top Losers:
DIALOG (-2.1%), KLK (-1.6%), SIMEPLT (-0.93%)

Bursa Trade Statistics
Local Institutions (40.5%): +RM35.8m
Local Retail (32.1%): +RM10.9m
Foreign (27.4%): -RM46.7m

Global Equity Indexes
MSCI Asia : 160.55 (+0.23, +0.14%)
NASDAQ : 12,212.60 (-13.98, -0.11%)
S&P500 : 4,167.87 (-1.61, -0.04%)
DJIA : -1.61 (-46.46, -0.14%)

USD/MYR : 4.4628 (+0.0006)
SGD/MYR : 3.3407 (+0.0038)

Crude Oil : $ 75.69 (+0.95)
Gold : $ 1,983.35 (-11.75)

US stocks were lower after the close on Monday, as losses in the Oil & Gas, Consumer Services and Telecoms sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average fell 0.14%, while the S&P 500 index fell 0.04%, and the NASDAQ Composite index lost 0.11%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1,707 to 1,254 and 86 ended unchanged; on the Nasdaq Stock Exchange, 1,854 fell and 1,766 advanced, while 119 ended unchanged. (Source: Investing.com)

Stocks To Watch:
1) KYM (KLSE: 8362)
Technical BUY with +38.7% potential return
* Last: RM0.555 TP: RM0.685, RM0.77 SL: RM0.455
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) PRLEXUS (KLSE: 8966)
Technical BUY with +32.6% potential return
* Last: RM0.475 TP: RM0.575, RM0.63 SL: RM0.425
* Timeframe: 2 weeks to 2 months
* Shariah: NO

3) PWROOT (KLSE: 7237)
Technical BUY with +15.2% potential return
* Last: RM2.10 TP: RM2.39, RM2.42 SL: RM1.98
* 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

#TradingIdeasMY