UOBKH Singapore Retail Market Monitor
18 October 2023
Short Term Opportunity:
1) Best World International (SGX: CGN)
Technical BUY Range S$1.72-1.73
Last: S$1.73
TP: S$1.88
SL: S$1.67
2) *Hongkong Land Holdings* (SGX: H78)
Technical BUY Range US$3.49-3.50
Last: US$3.50
TP: US$3.85
SL: US$3.38
*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*
18 October 2023
Short Term Opportunity:
1) Best World International (SGX: CGN)
Technical BUY Range S$1.72-1.73
Last: S$1.73
TP: S$1.88
SL: S$1.67
2) *Hongkong Land Holdings* (SGX: H78)
Technical BUY Range US$3.49-3.50
Last: US$3.50
TP: US$3.85
SL: US$3.38
*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 Hong Kong Retail Market Monitor
18 October 2023
Short Term Opportunity:
1) AIA Group Limited (HKEX: 1299)
Technical BUY Range HK$68.50-69.30
Last: HK$69.40
TP: HK$71.50/HK$73.40
SL: HK$65.00
2) Luye Pharma Group Ltd (HKEX: 2186)
Technical BUY Range HK$3.40-3.45
Last: HK$3.49
TP: HK$3.60/HK$3.78
SL: HK$3.25
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
18 October 2023
Short Term Opportunity:
1) AIA Group Limited (HKEX: 1299)
Technical BUY Range HK$68.50-69.30
Last: HK$69.40
TP: HK$71.50/HK$73.40
SL: HK$65.00
2) Luye Pharma Group Ltd (HKEX: 2186)
Technical BUY Range HK$3.40-3.45
Last: HK$3.49
TP: HK$3.60/HK$3.78
SL: HK$3.25
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 UOB Kay Hian Malaysia (Official)
LIVE WEBINAR
Fundamental of Technical Analysis in Stock Trading
Presented by Fakhrul Asyraq
Investment Analyst, UOB Kay Hian
๐ Tuesday, 24 October 2023
โฐ 6.00pm โ 8.00pm
Talk is in English and open to public.
REGISTER NOW!
https://attendee.gotowebinar.com/register/1559891867776507223
#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian
Fundamental of Technical Analysis in Stock Trading
Presented by Fakhrul Asyraq
Investment Analyst, UOB Kay Hian
๐ Tuesday, 24 October 2023
โฐ 6.00pm โ 8.00pm
Talk is in English and open to public.
REGISTER NOW!
https://attendee.gotowebinar.com/register/1559891867776507223
#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian
Raising Bets for Breaks in The Storm
๐ Saturday, 28 October 2023
โฐ 9:30am-11.30am
๐ Register at https://bit.ly/StockpickOct2023TG
__
Session 1 โข Gearing Up For A Greener Malaysia & Monetisation of 5G
Presented by Chong Lee Len, Associate Director, UOB Kay Hian
Malaysia's push for greener energy is outlined in the 2023 National Energy Transition Roadmap, aiming for 70% renewable capacity by 2050. In telecom, 5G monetization and AI-driven data centers are key focuses in 2024.
__
Session 2 โข Raising Bets for Breaks in The Storm
Presented by Desmond Chong, Head of Retail Research, UOB Kay Hian
After a challenging 1H23, the risk-reward balance is now more favorable due to de-rating events and market selldown. Despite concerns about a global recession, factors like China's stimulus, peak interest rates, and government policies are boosting the local market.
__
#UOBKayHianEvents #UOBKayHianMalaysia
๐ Saturday, 28 October 2023
โฐ 9:30am-11.30am
๐ Register at https://bit.ly/StockpickOct2023TG
__
Session 1 โข Gearing Up For A Greener Malaysia & Monetisation of 5G
Presented by Chong Lee Len, Associate Director, UOB Kay Hian
Malaysia's push for greener energy is outlined in the 2023 National Energy Transition Roadmap, aiming for 70% renewable capacity by 2050. In telecom, 5G monetization and AI-driven data centers are key focuses in 2024.
__
Session 2 โข Raising Bets for Breaks in The Storm
Presented by Desmond Chong, Head of Retail Research, UOB Kay Hian
After a challenging 1H23, the risk-reward balance is now more favorable due to de-rating events and market selldown. Despite concerns about a global recession, factors like China's stimulus, peak interest rates, and government policies are boosting the local market.
__
#UOBKayHianEvents #UOBKayHianMalaysia
UOBKH Retail Market Monitor
19 October 2023
FBMKLCI: 1,446.54 (+2.41)
Support: 1,400, 1,377
Resistance: 1,467, 1,487
Bursa Top Gainers:
PPB (+3.8%), SIMEPLT (+2.1%), PCHEM (+2.0%)
Bursa Top Losers:
AMBANK (-1.0%), CIMB (-0.71%), MAYBANK (-0.56%)
Bursa Trade Statistics
Local Institutions (28.6%): +RM96.7m
Local Retail (20.8%): +RM28.6m
Foreign (50.6%): -RM125.3m
Global Equity Indexes
MSCI Asia : 156.63 (+1.02, +0.66%)
NASDAQ : 13,314.30 (-219.45, -1.62%)
S&P500 : 4,314.60 (-58.60, -1.34%)
DJIA : 33,665.08 (-332.57, -0.98%)
USD/MYR : 4.7600 (+0.0225)
SGD/MYR : 3.4662 (+0.0056)
Crude Oil : $88.18 (-0.26)
Gold : $1,952.29 (+25.08)
US stocks were lower after the close on Wednesday, as losses in the Industrials, Basic Materials and Financials sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average lost 0.98%, while the S&P 500 index declined 1.34%, and the NASDAQ Composite index fell 1.62%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2,369 to 564 and 62 ended unchanged; on the Nasdaq Stock Exchange, 2,629 fell and 828 advanced, while 127 ended unchanged. (Source: Investing.Com)
Stocks To Watch:
1) VOLCANO (KLSE: 0232)
Technical BUY on breakout (RM0.905) with +13.8% potential return
** Last: RM0.895 TP: RM0.97, RM1.03 SL: RM0.86
** Timeframe: 2 weeks to 2 months
** Shariah: YES
2) JHM (KLSE: 0127)
Technical BUY on breakout (RM0.785) with +10.8% potential return
** Last: RM0.775 TP: RM0.835, RM0.87 SL: RM0.745
** Timeframe: 2 weeks to 2 months
** Shariah: YES
3) PJBUMI (KLSE: 7163)
Technical BUY with +24.6% potential return
** Last: RM0.955 TP: RM1.09, RM1.19 SL: RM0.83
** 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
19 October 2023
FBMKLCI: 1,446.54 (+2.41)
Support: 1,400, 1,377
Resistance: 1,467, 1,487
Bursa Top Gainers:
PPB (+3.8%), SIMEPLT (+2.1%), PCHEM (+2.0%)
Bursa Top Losers:
AMBANK (-1.0%), CIMB (-0.71%), MAYBANK (-0.56%)
Bursa Trade Statistics
Local Institutions (28.6%): +RM96.7m
Local Retail (20.8%): +RM28.6m
Foreign (50.6%): -RM125.3m
Global Equity Indexes
MSCI Asia : 156.63 (+1.02, +0.66%)
NASDAQ : 13,314.30 (-219.45, -1.62%)
S&P500 : 4,314.60 (-58.60, -1.34%)
DJIA : 33,665.08 (-332.57, -0.98%)
USD/MYR : 4.7600 (+0.0225)
SGD/MYR : 3.4662 (+0.0056)
Crude Oil : $88.18 (-0.26)
Gold : $1,952.29 (+25.08)
US stocks were lower after the close on Wednesday, as losses in the Industrials, Basic Materials and Financials sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average lost 0.98%, while the S&P 500 index declined 1.34%, and the NASDAQ Composite index fell 1.62%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2,369 to 564 and 62 ended unchanged; on the Nasdaq Stock Exchange, 2,629 fell and 828 advanced, while 127 ended unchanged. (Source: Investing.Com)
Stocks To Watch:
1) VOLCANO (KLSE: 0232)
Technical BUY on breakout (RM0.905) with +13.8% potential return
** Last: RM0.895 TP: RM0.97, RM1.03 SL: RM0.86
** Timeframe: 2 weeks to 2 months
** Shariah: YES
2) JHM (KLSE: 0127)
Technical BUY on breakout (RM0.785) with +10.8% potential return
** Last: RM0.775 TP: RM0.835, RM0.87 SL: RM0.745
** Timeframe: 2 weeks to 2 months
** Shariah: YES
3) PJBUMI (KLSE: 7163)
Technical BUY with +24.6% potential return
** Last: RM0.955 TP: RM1.09, RM1.19 SL: RM0.83
** 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
https://linktr.ee/UOBKayHianMalaysia
Link in bio
https://linktr.ee/UOBKayHianMalaysia
UOBKH Singapore Retail Market Monitor
19 October 2023
Short Term Opportunity:
1) Yangzijiang Financial Holding (SGX: YF8)
Technical BUY Range S$0.350-0.355
Last: S$0.355
TP: S$0.375
SL: S$0.345
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
19 October 2023
Short Term Opportunity:
1) Yangzijiang Financial Holding (SGX: YF8)
Technical BUY Range S$0.350-0.355
Last: S$0.355
TP: S$0.375
SL: S$0.345
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
19 October 2023
Short Term Opportunity:
1) BYD Company Ltd. (HKEX: 1211)
Technical BUY Range HK$250.00-255.00
Last: HK$257.40
TP: HK$265.00/HK$278.00
SL: HK$235.00
2) China Resources Beer (HKEX: 291)
Technical BUY Range HK$43.00-43.80
Last: HK$43.95
TP: HK$45.50/HK$46.30
SL: HK$40.00
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
19 October 2023
Short Term Opportunity:
1) BYD Company Ltd. (HKEX: 1211)
Technical BUY Range HK$250.00-255.00
Last: HK$257.40
TP: HK$265.00/HK$278.00
SL: HK$235.00
2) China Resources Beer (HKEX: 291)
Technical BUY Range HK$43.00-43.80
Last: HK$43.95
TP: HK$45.50/HK$46.30
SL: HK$40.00
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
UOBKH Retail Market Monitor
20 October 2023
FBMKLCI: 1,442.66 (-3.88)
Support: 1,400, 1,377
Resistance: 1,467, 1,487
Bursa Top Gainers:
WPRTS (+2.5%), NESTLE (+2.0%), KLK (+1.9%)
Bursa Top Losers:
PCHEM (-2.2%), PBBANK (-1.2%), CDB (-0.92%)
Bursa Trade Statistics
Local Institutions (37.2%): +RM131.5m
Local Retail (26.2%): +RM3.9m
Foreign (36.6%): -RM135.4m
Global Equity Indexes
MSCI Asia : 156.08 (-0.55, -0.35%)
NASDAQ : 13,186.18 (-128.12, -0.96%)
S&P500 : 4,278.00 (-36.60, -0.85%)
DJIA : 33,414.17 (-250.91, -0.75%)
USD/MYR : 4.7718 (+0.0118)
SGD/MYR : 3.4742 (+0.0080)
Crude Oil : $90.51 (+2.33)
Gold : $1,976.48 (+24.19)
US stocks were lower after the close on Thursday, as losses in the Consumer Goods, Financials and Basic Materials sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average declined 0.75%, while the S&P 500 index lost 0.85%, and the NASDAQ Composite index lost 0.96%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2,286 to 628 and 68 ended unchanged; on the Nasdaq Stock Exchange, 2,623 fell and 811 advanced, while 137 ended unchanged. (Source: Investing.Com)
Stocks To Watch:
1) MENANG (KLSE: 1694)
Technical BUY with +31.8% potential return
** Last: RM0.755 TP: RM0.915, RM0.995 SL: RM0.695
** Timeframe: 2 weeks to 2 months
** Shariah: YES
2) SCNWOLF (KLSE: 7239)
Technical BUY with +25.2% potential return
** Last: RM0.515 TP: RM0.595, RM0.645 SL: RM0.47
** Timeframe: 2 weeks to 2 months
** Shariah: YES
3) MKH (KLSE: 6114)
Technical BUY with +17.7% potential return
** Last: RM1.41 TP: RM1.58, RM1.66 SL: RM1.34
** 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
20 October 2023
FBMKLCI: 1,442.66 (-3.88)
Support: 1,400, 1,377
Resistance: 1,467, 1,487
Bursa Top Gainers:
WPRTS (+2.5%), NESTLE (+2.0%), KLK (+1.9%)
Bursa Top Losers:
PCHEM (-2.2%), PBBANK (-1.2%), CDB (-0.92%)
Bursa Trade Statistics
Local Institutions (37.2%): +RM131.5m
Local Retail (26.2%): +RM3.9m
Foreign (36.6%): -RM135.4m
Global Equity Indexes
MSCI Asia : 156.08 (-0.55, -0.35%)
NASDAQ : 13,186.18 (-128.12, -0.96%)
S&P500 : 4,278.00 (-36.60, -0.85%)
DJIA : 33,414.17 (-250.91, -0.75%)
USD/MYR : 4.7718 (+0.0118)
SGD/MYR : 3.4742 (+0.0080)
Crude Oil : $90.51 (+2.33)
Gold : $1,976.48 (+24.19)
US stocks were lower after the close on Thursday, as losses in the Consumer Goods, Financials and Basic Materials sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average declined 0.75%, while the S&P 500 index lost 0.85%, and the NASDAQ Composite index lost 0.96%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2,286 to 628 and 68 ended unchanged; on the Nasdaq Stock Exchange, 2,623 fell and 811 advanced, while 137 ended unchanged. (Source: Investing.Com)
Stocks To Watch:
1) MENANG (KLSE: 1694)
Technical BUY with +31.8% potential return
** Last: RM0.755 TP: RM0.915, RM0.995 SL: RM0.695
** Timeframe: 2 weeks to 2 months
** Shariah: YES
2) SCNWOLF (KLSE: 7239)
Technical BUY with +25.2% potential return
** Last: RM0.515 TP: RM0.595, RM0.645 SL: RM0.47
** Timeframe: 2 weeks to 2 months
** Shariah: YES
3) MKH (KLSE: 6114)
Technical BUY with +17.7% potential return
** Last: RM1.41 TP: RM1.58, RM1.66 SL: RM1.34
** 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
https://linktr.ee/UOBKayHianMalaysia
Link in bio
https://linktr.ee/UOBKayHianMalaysia
UOBKH Hong Kong Retail Market Monitor
20 October 2023
Short Term Opportunity:
1) Sunny Optical Technology (HKEX: 2382)
Technical BUY Range HK$62.00-65.00
Last: HK$65.30
TP: HK$68.20/HK$72.00
SL: HK$55.00
2) Kingdee International Software (HKEX: 268)
Technical BUY Range HK$9.70-9.90
Last: HK$10.00
TP: HK$10.30/HK$10.60
SL: HK$9.40
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
20 October 2023
Short Term Opportunity:
1) Sunny Optical Technology (HKEX: 2382)
Technical BUY Range HK$62.00-65.00
Last: HK$65.30
TP: HK$68.20/HK$72.00
SL: HK$55.00
2) Kingdee International Software (HKEX: 268)
Technical BUY Range HK$9.70-9.90
Last: HK$10.00
TP: HK$10.30/HK$10.60
SL: HK$9.40
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
Moh orang Pahang, reramai mulakei pelaburan patuh shariah.
100 hadiah percuma bagi pembukaan akaun terawal!
Jumpa kami di
๐Booth 7, Astana Ballroom, Hotel Darul Makmur, Kuantan Pahang
โฐ Sabtu, 21 Oktober 2023 8.30 pagi - 6.00 petang
Instagram :https://www.instagram.com/reel/CypcCC-pKh5/?igshid=MzRlODBiNWFlZA==
Facebook: https://fb.watch/nP4C_pZVb6/?mibextid=cr9u03
Tiktok: https://vt.tiktok.com/ZSNMKvx3f/
#UOBKayHian
#UOBKayHianMalaysia
#UOBKayHianEvents
#PahangNextWealth
100 hadiah percuma bagi pembukaan akaun terawal!
Jumpa kami di
๐Booth 7, Astana Ballroom, Hotel Darul Makmur, Kuantan Pahang
โฐ Sabtu, 21 Oktober 2023 8.30 pagi - 6.00 petang
Instagram :https://www.instagram.com/reel/CypcCC-pKh5/?igshid=MzRlODBiNWFlZA==
Facebook: https://fb.watch/nP4C_pZVb6/?mibextid=cr9u03
Tiktok: https://vt.tiktok.com/ZSNMKvx3f/
#UOBKayHian
#UOBKayHianMalaysia
#UOBKayHianEvents
#PahangNextWealth
UOBKH Retail Market Monitor
23 October 2023
FBMKLCI: 1,441.04 (-1.62)
Support: 1,400, 1,377
Resistance: 1,465, 1,489
Bursa Top Gainers:
PPB (+1.6%), MAXIS (+2.1%), CIMB (+0.72%)
Bursa Top Losers:
PCHEM (-3.7%), SIMEPLT (-1.6%), TENAGA (-1.6%)
Bursa Trade Statistics
Local Institutions (36.8%): +RM82.8m
Local Retail (26.9%): +RM15.2m
Foreign (36.3%): -RM98.0m
Global Equity Indexes
MSCI Asia : 152.83 (-0.81, -0.53%)
NASDAQ : 12,983.81 (-202.36,-1.53%)
S&P500 : 4,224.16 (-53.84,-1.26%)
DJIA : 33,127.28 (-286.89,-0.86%)
USD/MYR : 4.7762 (+0.0044)
SGD/MYR : 3.4797 (+0.0055)
Crude Oil : $87.72 (-2.79)
Gold : $1,971.90 (-4.58)
US stocks ended sharply lower for the day and week on Friday as investors worried about more interest rate hikes and the Israel-Hamas conflict spreading. The S&P 500 and Nasdaq fell more than 1% each. All of the S&P 500 index's 11 sectors ended lower in broad-based selling, with technology and financials among the biggest drags. The Dow Jones Industrial Average fell 286.89 points, or 0.86%, to 33,127.28, the S&P 500 lost 53.84 points, or 1.26%, to 4,224.16 and the Nasdaq Composite dropped 202.37 points, or 1.53%, to 12,983.81. (Source: Investing.com)
Stocks To Watch:
1) FPGROUP (KLSE: 5277)
Technical BUY with +23.5% potential return
* Last: RM0.425 TP: RM0.495, RM0.525 SL: RM0.385
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) NGGB (KLSE: 7241)
Technical BUY on breakout (RM 0.895) with +16.2% potential return
* Last: RM0.89 TP: RM0.995, RM1.04 SL: RM0.825
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) OWG (KLSE: 5260)
Technical BUY on breakout (RM 0.565) with +23.0% potential return
* Last: RM0.54 TP: RM0.635, RM0.695 SL: RM0.51
* 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
23 October 2023
FBMKLCI: 1,441.04 (-1.62)
Support: 1,400, 1,377
Resistance: 1,465, 1,489
Bursa Top Gainers:
PPB (+1.6%), MAXIS (+2.1%), CIMB (+0.72%)
Bursa Top Losers:
PCHEM (-3.7%), SIMEPLT (-1.6%), TENAGA (-1.6%)
Bursa Trade Statistics
Local Institutions (36.8%): +RM82.8m
Local Retail (26.9%): +RM15.2m
Foreign (36.3%): -RM98.0m
Global Equity Indexes
MSCI Asia : 152.83 (-0.81, -0.53%)
NASDAQ : 12,983.81 (-202.36,-1.53%)
S&P500 : 4,224.16 (-53.84,-1.26%)
DJIA : 33,127.28 (-286.89,-0.86%)
USD/MYR : 4.7762 (+0.0044)
SGD/MYR : 3.4797 (+0.0055)
Crude Oil : $87.72 (-2.79)
Gold : $1,971.90 (-4.58)
US stocks ended sharply lower for the day and week on Friday as investors worried about more interest rate hikes and the Israel-Hamas conflict spreading. The S&P 500 and Nasdaq fell more than 1% each. All of the S&P 500 index's 11 sectors ended lower in broad-based selling, with technology and financials among the biggest drags. The Dow Jones Industrial Average fell 286.89 points, or 0.86%, to 33,127.28, the S&P 500 lost 53.84 points, or 1.26%, to 4,224.16 and the Nasdaq Composite dropped 202.37 points, or 1.53%, to 12,983.81. (Source: Investing.com)
Stocks To Watch:
1) FPGROUP (KLSE: 5277)
Technical BUY with +23.5% potential return
* Last: RM0.425 TP: RM0.495, RM0.525 SL: RM0.385
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) NGGB (KLSE: 7241)
Technical BUY on breakout (RM 0.895) with +16.2% potential return
* Last: RM0.89 TP: RM0.995, RM1.04 SL: RM0.825
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) OWG (KLSE: 5260)
Technical BUY on breakout (RM 0.565) with +23.0% potential return
* Last: RM0.54 TP: RM0.635, RM0.695 SL: RM0.51
* 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
https://linktr.ee/UOBKayHianMalaysia
Link in bio
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Forwarded from UOB Kay Hian Malaysia (Official)
LIVE WEBINAR
Fundamental of Technical Analysis in Stock Trading
Presented by Fakhrul Asyraq
Investment Analyst, UOB Kay Hian
๐ Tuesday, 24 October 2023
โฐ 6.00pm โ 8.00pm
Talk is in English and open to public.
REGISTER NOW!
https://attendee.gotowebinar.com/register/1559891867776507223
#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian
Fundamental of Technical Analysis in Stock Trading
Presented by Fakhrul Asyraq
Investment Analyst, UOB Kay Hian
๐ Tuesday, 24 October 2023
โฐ 6.00pm โ 8.00pm
Talk is in English and open to public.
REGISTER NOW!
https://attendee.gotowebinar.com/register/1559891867776507223
#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian
Forwarded from UOB Kay Hian Malaysia (Official)
Raising Bets for Breaks in The Storm
๐ Saturday, 28 October 2023
โฐ 9:30am-11.30am
๐ Register at https://bit.ly/StockpickOct2023TG
__
Session 1 โข Gearing Up For A Greener Malaysia & Monetisation of 5G
Presented by Chong Lee Len, Associate Director, UOB Kay Hian
Malaysia's push for greener energy is outlined in the 2023 National Energy Transition Roadmap, aiming for 70% renewable capacity by 2050. In telecom, 5G monetization and AI-driven data centers are key focuses in 2024.
__
Session 2 โข Raising Bets for Breaks in The Storm
Presented by Desmond Chong, Head of Retail Research, UOB Kay Hian
After a challenging 1H23, the risk-reward balance is now more favorable due to de-rating events and market selldown. Despite concerns about a global recession, factors like China's stimulus, peak interest rates, and government policies are boosting the local market.
__
#UOBKayHianEvents #UOBKayHianMalaysia
๐ Saturday, 28 October 2023
โฐ 9:30am-11.30am
๐ Register at https://bit.ly/StockpickOct2023TG
__
Session 1 โข Gearing Up For A Greener Malaysia & Monetisation of 5G
Presented by Chong Lee Len, Associate Director, UOB Kay Hian
Malaysia's push for greener energy is outlined in the 2023 National Energy Transition Roadmap, aiming for 70% renewable capacity by 2050. In telecom, 5G monetization and AI-driven data centers are key focuses in 2024.
__
Session 2 โข Raising Bets for Breaks in The Storm
Presented by Desmond Chong, Head of Retail Research, UOB Kay Hian
After a challenging 1H23, the risk-reward balance is now more favorable due to de-rating events and market selldown. Despite concerns about a global recession, factors like China's stimulus, peak interest rates, and government policies are boosting the local market.
__
#UOBKayHianEvents #UOBKayHianMalaysia
Hi all ๐
Check out our new TikTok video and let us know how many blue smurf cat can you find in it https://vt.tiktok.com/ZSNrcSYnE/
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Vote with โค๏ธ if your answer is 3
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UOBKH Retail Market Monitor
24 October 2023
FBMKLCI: 1,438.12 (-2.92)
Support: 1,400, 1,377
Resistance: 1,467, 1,487
Bursa Top Gainers:
WPRTS (+1.2%), HLFG (+1.2%), CIMB (+0.71%)
Bursa Top Losers:
CDB (-2.1%), AMBANK (-2.1%), MRDIY (-1.9%)
Bursa Trade Statistics
Local Institutions (39.3%): +RM65.9m
Local Retail (29.6%): -RM24.6m
Foreign (31.1%): -RM41.3m
Global Equity Indexes
MSCI Asia : 152.83 (-0.81, -0.53%)
NASDAQ : 13,018.33 (+34.52,+0.27%)
S&P500 : 4,217.04 (-7.12,-0.17%)
DJIA : 32,936.41 (-190.87,-0.58%)
USD/MYR : 4.7852 (+0.009)
SGD/MYR : 3.5005 (+0.0208)
Crude Oil : $86.23 (-1.49)
Gold : $1,973.92 (+1.82)
US stocks were mixed after the close on Monday, as gains in the Technology, Consumer Services and Consumer Goods sectors led shares higher while losses in the Oil & Gas, Basic Materials and Telecoms sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average declined 0.58% to hit a new 3-months low, while the S&P 500 index fell 0.17%, and the NASDAQ Composite index climbed 0.27%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2,032 to 870 and 75 ended unchanged; on the Nasdaq Stock Exchange, 2,417 fell and 1,082 advanced, while 90 ended unchanged. (Source: Investing.Com)
Stocks To Watch:
1) JETSON (KLSE: 9083)
Technical BUY on breakout (RM0.235) with +42.6% potential return
* Last: RM0.215 TP: RM0.295, RM0.335 SL: RM0.18
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) CAMRES (KLSE: 7128)
Technical BUY on breakout (RM 0.38) with +30.3% potential return
* Last: RM0.375 TP: RM0.445, RM0.495 SL: RM0.345
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) PLS (KLSE: 9695)
Technical BUY with +18.2% potential return
* Last: RM0.905 TP: RM0.995, RM1.07 SL: RM0.875
* 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
24 October 2023
FBMKLCI: 1,438.12 (-2.92)
Support: 1,400, 1,377
Resistance: 1,467, 1,487
Bursa Top Gainers:
WPRTS (+1.2%), HLFG (+1.2%), CIMB (+0.71%)
Bursa Top Losers:
CDB (-2.1%), AMBANK (-2.1%), MRDIY (-1.9%)
Bursa Trade Statistics
Local Institutions (39.3%): +RM65.9m
Local Retail (29.6%): -RM24.6m
Foreign (31.1%): -RM41.3m
Global Equity Indexes
MSCI Asia : 152.83 (-0.81, -0.53%)
NASDAQ : 13,018.33 (+34.52,+0.27%)
S&P500 : 4,217.04 (-7.12,-0.17%)
DJIA : 32,936.41 (-190.87,-0.58%)
USD/MYR : 4.7852 (+0.009)
SGD/MYR : 3.5005 (+0.0208)
Crude Oil : $86.23 (-1.49)
Gold : $1,973.92 (+1.82)
US stocks were mixed after the close on Monday, as gains in the Technology, Consumer Services and Consumer Goods sectors led shares higher while losses in the Oil & Gas, Basic Materials and Telecoms sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average declined 0.58% to hit a new 3-months low, while the S&P 500 index fell 0.17%, and the NASDAQ Composite index climbed 0.27%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2,032 to 870 and 75 ended unchanged; on the Nasdaq Stock Exchange, 2,417 fell and 1,082 advanced, while 90 ended unchanged. (Source: Investing.Com)
Stocks To Watch:
1) JETSON (KLSE: 9083)
Technical BUY on breakout (RM0.235) with +42.6% potential return
* Last: RM0.215 TP: RM0.295, RM0.335 SL: RM0.18
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) CAMRES (KLSE: 7128)
Technical BUY on breakout (RM 0.38) with +30.3% potential return
* Last: RM0.375 TP: RM0.445, RM0.495 SL: RM0.345
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) PLS (KLSE: 9695)
Technical BUY with +18.2% potential return
* Last: RM0.905 TP: RM0.995, RM1.07 SL: RM0.875
* 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
https://linktr.ee/UOBKayHianMalaysia
Link in bio
https://linktr.ee/UOBKayHianMalaysia