UOB Kay Hian Malaysia (Official)
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UOBKH Retail Market Monitor
12 July 2023


FBMKLCI: 1,391.46 (+8.40)
Support: 1,374, 1,360
Resistance: 1,437, 1,465

Bursa Top Gainers:
IOICORP (+2.9%), PETDAG (+2.0 %), CDB (+2.0%)

Bursa Top Losers:
PMETAL (-1.4 %), MRDIY (-0.67 %), AMBANK (-0.56 %)

Bursa Trade Statistics
Local Institutions (37.6%): +RM60.0m
Local Retail (28.5%): -RM19.1m
Foreign (33.9%): -RM40.9m

Global Equity Indexes
MSCI Asia : 163.40 (+1.83, +1.13%)
NASDAQ : 13,760.70 (+75.22, +0.55%)
S&P500 : 4,439.26 (+29.73, +0.67%)
DJIA : 34,261.42 (+317.02, +0.93%)

USD/MYR : 4.6517 (4.6517)
SGD/MYR : 3.4724 (-0.0010)

Crude Oil : $ 74.83 (+1.50)
Gold : $ 1,934.83 (+8.05)

US stocks were higher after the close on Tuesday, as gains in the Oil & Gas, Financials and Utilities sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average added 0.93%, while the S&P 500 index climbed 0.67%, and the NASDAQ Composite index gained 0.55%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 2,244 to 710 and 89 ended unchanged; on the Nasdaq Stock Exchange, 2,211 rose and 1,314 declined, while 140 ended unchanged. (Source: Investing.Com)

Stocks To Watch:
1) GLOTEC (KLSE: 5220)
Technical BUY with +23.4% potential return
* Last: RM0.47 TP: RM0.53, RM0.58 SL: RM0.425
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) NYLEX (KLSE: 4944)
Technical BUY with +37.9% potential return
* Last: RM0.475 TP: RM0.555, RM0.655 SL: RM0.38
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) PERTAMA (KLSE: 8532)
Technical BUY with +15.9% potential return
* Last: RM3.01 TP: RM3.37, RM3.49 SL: RM2.52
* 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 Retail Market Monitor
14 July 2023


FBMKLCI: 1,396.23 (-1.83)
Support: 1,374, 1,360
Resistance: 1,437, 1,465

Bursa Top Gainers:
AMBANK (+1.4%), PBBANK (+1.3 %), GENM (+1.2 %)

Bursa Top Losers:
IHH (-3.0 %), PETDAG (-2.9 %), DIALOG (-1.8 %)

Bursa Trade Statistics
Local Institutions (43.7%): -RM96.7m
Local Retail (28.9%): -RM32.5m
Foreign (27.4%): +RM129.2m

Global Equity Indexes
MSCI Asia : 167.99 (+2.89, +1.75%)
NASDAQ : 14,138.57 (+219.61, +1.58%)
S&P500 : 4,510.04 (+37.88, +0.85%)
DJIA : 34,395.14 (+47.71, +0.14%)

USD/MYR : 4.5422 (-0.0400)
SGD/MYR : 3.4370 (-0.0202)

Crude Oil : $ 77.23 (+1.39)
Gold : $ 1,959.53 (+1.63)

US stocks were higher after the close on Thursday, as gains in the Technology, Consumer Goods and Consumer Services sectors led shares higher.At the close in NYSE, the Dow Jones Industrial Average rose 0.14%, while the S&P 500 index climbed 0.85%, and the NASDAQ Composite index climbed 1.58%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 2052 to 900 and 85 ended unchanged; on the Nasdaq Stock Exchange, 2251 rose and 1296 declined, while 132 ended unchanged. (Source: Investing.Com)

Stocks To Watch:
1) *MMSV* (KLSE: 0113)
Technical BUY on breakout (RM0.555) with +22.2% potential return
* Last: RM0.54 TP: RM0.615, RM0.66 SL: RM0.495
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) PANTECH (KLSE: 5125)
Technical BUY with +18.5% potential return
* Last: RM0.755 TP: RM0.84, RM0.895 SL: RM0.715
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) BINACOM (KLSE: 0195)
Technical BUY with +34.0% potential return
* Last: RM0.265 TP: RM0.315, RM0.355 SL: RM0.225
* 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 Retail Market Monitor
7 August 2023


FBMKLCI: 1,445.21 (+3.36)
Support: 1,400, 1,369
Resistance: 1,465, 1,489

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

Bursa Top Losers:
CDB (-1.8 %), DIALOG (-1.3 %), IOICORP (-0.73 %)

Bursa Trade Statistics
Local Institutions (43.3%): -RM31.9m
Local Retail (30.0%): -RM10.4m
Foreign (26.7%): +RM42.3m

Global Equity Indexes
MSCI Asia : 166.44 (+0.44, +0.27%)
NASDAQ : 13,909.24 (-50.47, -0.36%)
S&P500 : 4,478.03 (-23.86, -0.53%)
DJIA : 35,065.62 (-150.27, -0.43%)

USD/MYR : 4.5460 (-0.0080)
SGD/MYR : 3.3934 (+0.0025)

Crude Oil : $ 83.05 (+1.29)
Gold : $ 1,943.74 (+8.45)

Wall Street closed lower on Friday after a report of slowing US labor market growth, and all three major indexes posted weekly losses as investors braced for more possible downside surprises a day after disappointing earnings from Apple (NASDAQ:AAPL). The Dow Jones Industrial Average .DJI fell 150.27 points, or 0.43%, to 35,065.62, the S&P 500 .SPX lost 23.86 points, or 0.53%, to 4,478.03 and the Nasdaq Composite .IXIC dropped 45.18 points, or 0.32%, to 13,914.54. (Source: Investing.com)

Stocks To Watch:
1) HSSEB (KLSE: 0185)
Technical BUY on breakout (RM0.56) with +20.5% potential return
* Last: RM0.53 TP: RM0.605, RM0.675 SL: RM0.495
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) POS (KLSE: 4634)
Technical on breakout (RM0.565) with +16.8% potential return
* Last: RM0.56 TP: RM0.61, RM0.66 SL: RM0.495
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) AWC (KLSE: 7579)
Technical BUY with +22.9% potential return
* Last: RM0.525 TP: RM0.61, RM0.645 SL: RM0.485
* 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 Retail Market Monitor
8 August 2023


FBMKLCI: 1,445.81 (+0.60)
Support: 1,400, 1,369
Resistance: 1,465, 1,489

Bursa Top Gainers:
HLFG (+0.97 %), PPB (+0.97 %), QL (+0.75 %)

Bursa Top Losers:
MRDIY (-2.1 %), IHH (-1.3 %), AMBANK (-0.79 %)

Bursa Trade Statistics
Local Institutions (43.3%): +RM23.0m
Local Retail (34.2%): -RM23.8m
Foreign (22.5%): +RM0.8m

Global Equity Indexes
MSCI Asia : 166.35 (-0.09, -0.05%)
NASDAQ : 13,994.40 (+85.16, +0.61%)
S&P500 : 4,518.44 (+40.41, +0.90%)
DJIA : 35,473.13 (+407.51, +1.16%)

USD/MYR : 4.5590 (-0.0010)
SGD/MYR : 3.3966 (-0.0020)

Crude Oil : $ 82.37 (-0.68)
Gold : $ 1,935.45 (-8.29)

US stocks were higher after the close on Monday, as gains in the Financials, Consumer Services and Industrials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average rose 1.16%, while the S&P 500 index gained 0.90%, and the NASDAQ Composite index added 0.61%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,825 to 1,104 and 75 ended unchanged; on the Nasdaq Stock Exchange, 1,963 fell and 1,576 advanced, while 114 ended unchanged. (Source: Investing.Com)

Stocks To Watch:
1) JTIASA (KLSE: 4383)
Technical BUY with +27.2% potential return
* Last: RM0.735 TP: RM0.845, RM0.935 SL: RM0.665
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) CJCEN (KLSE: 7117)
Technical BUY on breakout (RM0.455) with +22.0% potential return
* Last: RM0.425 TP: RM0.525, RM0.555 SL: RM0.41
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) MATRIX (KLSE: 5236)
Technical BUY on breakout (RM1.48) with +10.8% potential return
* Last: RM1.44 TP: RM1.59, RM1.64 SL: RM1.36
* 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 Retail Market Monitor
9 August 2023


FBMKLCI: 1,451.00 (+5.19)
Support: 1,400, 1,369
Resistance: 1,465, 1,489

Bursa Top Gainers:
SIME (+1.8 %), SIMEPLT (+1.6 %), MRDIY (+1.5 %)

Bursa Top Losers:
CDB (-2.3 %), MAXIS (-1.0 %), QL (-0.74 %)

Bursa Trade Statistics
Local Institutions (43.1%): +RM42.4m
Local Retail (26.7%): -RM42.1m
Foreign (30.2%): +RM84.5m

Global Equity Indexes
MSCI Asia : 164.88 (-1.47, -0.88%)
NASDAQ : 13,884.32 (-110.08, -0.79%)
S&P500 : 4,499.38 (-19.06, -0.42%)
DJIA : 35,314.49 (-158.64, -0.45%)

USD/MYR : 4.5858 (+0.0028)
SGD/MYR : 3.4022 (-0.0019)

Crude Oil : $ 82.77 (+0.40)
Gold : $ 1,926.11 (-9.34)

US stocks were lower after the close on Tuesday, as losses in the Basic Materials, Financials and Technology sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average fell 0.45%, while the S&P 500 index lost 0.42%, and the NASDAQ Composite index lost 0.79%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1,835 to 1,101 and 76 ended unchanged; on the Nasdaq Stock Exchange, 2,072 fell and 1,391 advanced, while 154 ended unchanged. (Source: Investing.Com)

Stocks To Watch:
1) SCGM (KLSE: 7247)
Technical BUY with +13.0% potential return
* Last: RM0.615 TP: RM0.67, RM0.695 SL: RM0.565
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) KAWAN (KLSE: 7216)
Technical BUY on breakout (RM1.91) with +14.7% potential return
* Last: RM1.87 TP: RM2.09, RM2.19 SL: RM1.78
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) MUHIBAH (KLSE: 5703)
Technical BUY with +23.4% potential return
* Last: RM0.685 TP: RM0.795, RM0.845 SL: RM0.62
* 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 Retail Market Monitor
4 September 2023


FBMKLCI: 1,463.43 (+11.49)
Support: 1,400, 1,369
Resistance: 1,465, 1,489

Bursa Top Gainers:
AXIATA (+5.1 %), PETDAG (+4.4 %), CDB (+2.3 %)

Bursa Top Losers:
WPRTS (-1.7 %), IHH (-1.2 %), HLFG (-0.55 %)

Bursa Trade Statistics
Local Institutions (42.0%): +RM64.8m
Local Retail (25.2%): -RM25.0m
Foreign (32.8%): -RM39.8m

Global Equity Indexes
MSCI Asia : 162.61 +0.53, +0.33%)
NASDAQ : 14,031.81 (-3.16, -0.02%)
S&P500 : 4,515.77 (+8.11, -0.18%)
DJIA : 34,837.71 (+115.80, +0.33%)

USD/MYR : 4.6505 (+0.0040)
SGD/MYR : 3.4366 (-0.0036)

Crude Oil : $ 85.80 (+2.17)
Gold : $ 1,940.85 (+1.43)

US stocks were mixed after the close on Friday, as gains in the Oil & Gas, Basic Materials and Industrials sectors led shares higher while losses in the Consumer Goods, Utilities and Telecoms sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average rose 0.33%, while the S&P 500 index added 0.18%, and the NASDAQ Composite index declined 0.02%. ising stocks outnumbered declining ones on the New York Stock Exchange by 1,909 to 984 and 95 ended unchanged; on the Nasdaq Stock Exchange, 2,191 rose and 1,276 declined, while 113 ended unchanged. (Source: Investing.com)

Stocks To Watch:
1) JAG (KLSE: 0024)
Technical BUY on breakout (RM0.335) with +26.9% potential return
* Last: RM0.33 TP: RM0.39, RM0.425 SL: RM0.295
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) JETSON (KLSE: 9083)
Technical on breakout (RM0.22) with +45.5% potential return
* Last: RM0.21 TP: RM0.275, RM0.32 SL: RM0.18
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) THPLANT (KLSE: 5112)
Technical BUY with +24.1% potential return
* Last: RM0.56 TP: RM0.635, RM0.695 SL: RM0.515
* 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 Retail Market Monitor
5 September 2023


FBMKLCI: 1,462.72 (-0.71)
Support: 1,400, 1,369
Resistance: 1,465, 1,489

Bursa Top Gainers:
PMETAL (+1.6 %), PBBANK (+0.94 %), SIMEPLT (+0.91 %)

Bursa Top Losers:
MYDIY (-5.2 %), CDB (-2.0 %), PETDAG (-1.7 %)

Bursa Trade Statistics
Local Institutions (43.4%): -RM19.3m
Local Retail (27.6%): -RM35.1m
Foreign (29.0%): +RM54.4m

Global Equity Indexes
MSCI Asia : 164.36 (+1.75, +1.08%)
NASDAQ : 14,031.81 (-3.16, -0.02%)
S&P500 : 4,515.77 (+8.11, -0.18%)
DJIA : 34,837.71 (+115.80, +0.33%)

USD/MYR : 4.6570 (+0.0015)
SGD/MYR : 3.4366 (-0.0011)

Crude Oil : $ 85.86 (+0.06)
Gold : $ 1,937.38 (-3.47)

US market closed for public holiday.

Stocks To Watch:
1) MCEHLDG (KLSE: 7004)
Technical BUY with +12.9% potential return
* Last: RM1.78 TP: RM1.93, RM2.01 SL: RM1.64
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) XL (KLSE: 7121)
Technical BUY on breakout (RM0.875) with +30.3% potential return
* Last: RM0.86 TP: RM0.995, RM1.14 SL: RM0.795
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) RAMSSOL (KLSE: 0236)
Technical BUY with +24.1% potential return
* Last: RM0.415 TP: RM0.485, RM0.515 SL: RM0.365
* 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 Retail Market Monitor
6 September 2023


FBMKLCI: 1,454.83 (-0.54)
Support: 1,400, 1,369
Resistance: 1,465, 1,489

Bursa Top Gainers:
HLFG (+0.77 %), CDB (+0.69 %), NESTLE (+0.54 %)

Bursa Top Losers:
AXIATA (-2.4 %), SIMEPLT (-2.3 %), MISC (-1.8 %)

Bursa Trade Statistics
Local Institutions (43.2%): +RM87.7m
Local Retail (27.9%): -RM29.3m
Foreign (28.9%): -RM58.4m

Global Equity Indexes
MSCI Asia : 162.84 (-1.52, -0.92%)
NASDAQ : 14,020.95 (-10.86, -0.08%)
S&P500 : 4,496.83 (-18.94, -0.42%)
DJIA : 34,641.97 (-195.74, -0.56%)

USD/MYR : 4.6710 (+0.0075)
SGD/MYR : 3.4321 (+0.0050)

Crude Oil : $ 86.84 (+0.98)
Gold : $ 1,926.51 (-10.87)

Wall Street's three major averages closed lower on Tuesday with the Dow leading declines as Treasury yields rose along with oil prices and investors assessed prospects for the Federal Reserve's interest rate path. While all three main US stock indexes had logged gains in the previous week on hopes for a less hawkish Fed, that sentiment had faded by Monday. The Dow Jones Industrial Average fell 195.74 points, or 0.56%, to 34,641.97, the S&P 500 lost 18.94 points, or 0.42%, at 4,496.83 and the Nasdaq Composite dropped 10.86 points, or 0.08%, to 14,020.95. (Source: Investing.Com)

Stocks To Watch:
1) MI (KLSE: 5286)
Technical BUY with +18.6% potential return
* Last: RM1.61 TP: RM1.79, RM1.91 SL: RM1.49
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) PIE (KLSE: 7095)
Technical BUY on breakout (RM2.98) with +21.5% potential return
* Last: RM2.88 TP: RM3.43, RM3.62 SL: RM2.73
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) MBL (KLSE: 5152)
Technical BUY on breakout (RM0.49) with +21.4% potential return
* Last: RM0.485 TP: RM0.545, RM0.595 SL: RM0.425
* 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 Retail Market Monitor
7 September 2023


FBMKLCI: 1,460.62 (+5.79)
Support: 1,400, 1,369
Resistance: 1,465, 1,489

Bursa Top Gainers:
MRDIY (+4.8 %), MISC (+1.7 %), AXIATA (+1.6 %)

Bursa Top Losers:
SIMEPLT (-0.69 %), PMETAL (-0.61 %), HLBANK (-0.40 %)

Bursa Trade Statistics
Local Institutions (44.3%): -RM79.6m
Local Retail (27.9%): -RM16.0m
Foreign (27.8%): +RM95.6m

Global Equity Indexes
MSCI Asia : 162.83 (-0.01, -0.01%)
NASDAQ : 13,872.47 (-148.48, -1.06%)
S&P500 : 4,465.48 (-31.35, -0.70%)
DJIA : 34,443.19 (-198.78, -0.57%)

USD/MYR : 4.6775 (+0.0033)
SGD/MYR : 3.4281 (-0.0053)

Crude Oil : $ 87.64 (+0.80)
Gold : $ 1,916.76 (-9.75)

Wall Street's three major averages closed lower on Wednesday with the Nasdaq's 1% loss leading declines after stronger-than-expected services sector data fueled concerns that still sticky inflation would mean that interest rates stay higher for longer. The Dow Jones Industrial Average fell 198.78 points, or 0.57%, to 34,443.19, the S&P 500 lost 31.35 points, or 0.70%, at 4,465.48 and the Nasdaq Composite dropped 148.48 points, or 1.06%, to 13,872.47. (Source: Investing.Com)

Stocks To Watch:
1) SYGROUP (KLSE: 5173)
Technical BUY with +25.0% potential return
* Last: RM0.66 TP: RM0.76, RM0.825 SL: RM0.495
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) AZRB (KLSE: 7078)
Technical BUY with +38.5% potential return
* Last: RM0.26 TP: RM0.315, RM0.36 SL: RM0.205
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) PESTECH (KLSE: 5219)
Technical BUY on breakout (RM0.285) with +38.6% potential return
* Last: RM0.27 TP: RM0.355, RM0.395 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

#TradingIdeasMY
UOBKH Retail Market Monitor
8 September 2023


FBMKLCI: 1,460.07 (-0.55)
Support: 1,400, 1,369
Resistance: 1,465, 1,489

Bursa Top Gainers:
IOICORP (+1.5 %), DIALOG (+1.4 %), SIME (+1.4 %)

Bursa Top Losers:
HLFG (-1.4 %), MRDIY (-1.3 %), AMBANK (-1.1 %)

Bursa Trade Statistics
Local Institutions (43.3%): -RM11.1m
Local Retail (27.1%): -RM0.7m
Foreign (29.6%): +RM11.8m

Global Equity Indexes
MSCI Asia : 161.77 (-1.06, -0.65%)
NASDAQ : 13,748.83 (-123.64, -0.89%)
S&P500 : 4,451.14 (-14.34, -0.32%)
DJIA : 34,500.73 (+57.54, +0.17%)

USD/MYR : 4.6765 (-0.0010)
SGD/MYR : 3.4263 (-0.0018)

Crude Oil : $ 86.68 (-0.96)
Gold : $ 1,921.80 (+5.04)

US.S. stocks were mixed, with declines led by tech stocks, as investors continued to worry about interest rates remaining higher for longer. At 16:01 (20:01 GMT) the Dow Jones Industrial Average was up 58 points or 0.2%, while the S&P 500 was down 0.3% and the NASDAQ Composite was down 0.9%. Nasdaq is down for the fourth-straight day. (Source: Investing.Com)

Stocks To Watch:
1) ENGTEX (KLSE: 5056)
Technical BUY on breakout (RM0.635) with +17.3% potential return
* Last: RM0.615 TP: RM0.695, RM0.745 SL: RM0.585
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) JFTECH (KLSE: 0146)
Technical BUY with +8.3% potential return
* Last: RM0.96 TP: RM0.965, RM1.04 SL: RM0.795
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) KRONO (KLSE: 0176)
Technical BUY on breakout (RM0.445) with +18.0% potential return
* Last: RM0.43 TP: RM0.49, RM0.52 SL: RM0.395
* 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.

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UOBKH Retail Market Monitor
2 October 2023


FBMKLCI: 1,424.17 (-15.94)
Support: 1,400, 1,377
Resistance: 1,467, 1,487

Bursa Top Gainers:
-

Bursa Top Losers:
WPRTS (-2.4 %), DIALOG (-2.3 %), CIMB (-2.2 %)

Bursa Trade Statistics
Local Institutions (38.7%): -RM3.7m
Local Retail (23.7%): +RM77.3m
Foreign (37.6%): -RM73.6m

Global Equity Indexes
MSCI Asia : 157.33 (+0.67, +0.43%)
NASDAQ : 13,219.32 (+18.04, +0.14%)
S&P500 : 4,288.05 (-11.65, -0.27%)
DJIA : 33,507.50 (-158.84, -0.47%)

USD/MYR : 4.6967 (+0.0017)
SGD/MYR : 3.4346 (-0.0133)

Crude Oil : $ 91.06 (-0.67)
Gold : $ 1,846.48 (-20.47)

US stock market witnessed a mixed performance on Friday, with the Dow Industrial Average dropping by 157.50 points and the S&P index declining by 11.46 points, while the NASDAQ index rose by 18.04 points. These movements come amidst a broader downtrend observed in September and the third quarter (Q3) of 2023. (Source: Investing.com)

Stocks To Watch:
1) BONIA (KLSE: 9288)
Technical BUY on breakout (RM1.84) with +17.9% potential return
* Last: RM1.79 TP: RM2.04, RM2.17 SL: RM1.71
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) ADB (KLSE: 0276)
Technical BUY with +23.3% potential return
* Last: RM0.645 TP: RM0.715, RM0.795 SL: RM0.59
* Timeframe: 2 weeks to 2 months
* Shariah: NO

3) GASMSIA (KLSE: 5209)
Technical BUY on breakout (RM3.09) with +9.7% potential return
* Last: RM3.04 TP: RM3.29, RM3.39 SL: RM2.97
* 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.

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UOBKH Retail Market Monitor
3 October 2023

FBMKLCI: 1,418.76 (-5.41)
Support: 1,400, 1,377
Resistance: 1,467, 1,487

Bursa Top Gainers:
PMETAL (+1.7 %), PETDAG (+1.2 %), AMBANK (+0.5 %)

Bursa Top Losers:
PCHEM (-1.7 %), WPRTS (-1.6 %), PPB (-1.3 %)

Bursa Trade Statistics
Local Institutions (45.3%): -RM47.2m
Local Retail (31.1%): +RM26.6m
Foreign (23.6%): +RM20.6m

Global Equity Indexes
MSCI Asia : 157.33 (+0.67, +0.43%)
NASDAQ : 13,307.77 (+88.45, +0.67%)
S&P500 : 4,288.39 (+0.34, +0.01%)
DJIA : 33,433.35 (-74.15, -0.22%)

USD/MYR : 4.7245 (+0.0073)
SGD/MYR : 3.4385 (-0.0004)

Crude Oil : $ 88.35 (-2.71)
Gold : $ 1,822.47 (-24.01)

US stock market began October with mixed results on Monday. The Dow Jones Industrial Average slightly declined to close near 33,433, while the S&P 500 Index remained flat at 4,288. In contrast, the Nasdaq Composite Index saw a gain of 0.7%. A sharp selloff in longer-dated U.S. debt and surging long-term borrowing costs were at the center of investor concerns on Monday. These developments have the potential to destabilize the U.S. economy and trigger corporate defaults. (Source: Investing.com)

Stocks To Watch:
1) RSAWIT (KLSE: 5113)
Technical BUY with +20.7% potential return
* Last: RM0.145 TP: RM0.155, RM0.175 SL: RM0.125
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) PESTECH (KLSE: 5219)
Technical BUY with +32.8% potential return
* Last: RM0.335 TP: RM0.355, RM0.445 SL: RM0.285
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) STAR (KLSE: 6084)
Technical BUY with +38.9% potential return
* Last: RM0.45 TP: RM0.525, RM0.625 SL: RM0.395
* 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.

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UOBKH Retail Market Monitor
4 October 2023


FBMKLCI: 1,420.01 (+1.25)
Support: 1,400, 1,377
Resistance: 1,467, 1,487

Bursa Top Gainers:
MRDIY (+1.3%), SIMEPLT (+0.9%), PETGAS (+0.7%)

Bursa Top Losers:
PETDAG (-1.5%), GENM (-1.2%), PCHEM (-1.0%)

Bursa Trade Statistics
Local Institutions (45.0%): +RM29.0m
Local Retail (26.0%): +RM10.3m
Foreign (29.0%): -RM39.3m

Global Equity Indexes
MSCI Asia : 156.85 (-0.48, -0.31%)
NASDAQ : 13,059.47 (-248.30,-1.87%)
S&P500 : 4,299.45 (-58.94,-1.37%)
DJIA : 33,002.38 (-430.97,-1.29%)

USD/MYR : 4.7253 (+0.0008)
SGD/MYR : 3.4404 (+0.0019)

Crude Oil : $91.73 (+1.05)
Gold : $1,823.94 (-43.01)

U.S. stocks were lower after the close on Tuesday, as losses in the Consumer Services, Technology and Financials sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average lost 1.29% to hit a new 3-months low, while the S&P 500 index fell 1.37%, and the NASDAQ Composite index fell 1.87%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2407 to 541 and 52 ended unchanged; on the Nasdaq Stock Exchange, 2704 fell and 794 advanced, while 119 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) HAPSENG (KLSE: 3034)
Technical BUY with +29.6% potential return
* Last: RM4.67 TP: RM5.00, RM6.05 SL: RM4.10
* Timeframe: 2 weeks to 2 months
* Shariah: NO

2) MYEG (KLSE: 0138)
Technical BUY on breakout (RM0.845) with +17.8% potential return
* Last: RM0.815 TP: RM0.84, RM0.96 SL: RM0.775
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) MYNEWS (KLSE: 5275)
Technical BUY with +18.8% potential return
* Last: RM0.56 TP: RM0.60, RM0.665 SL: RM0.52
* Timeframe: 2 weeks to 2 months
* Shariah: NO

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

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UOBKH Retail Market Monitor
5 October 2023

FBMKLCI: 1,415.84 (-4.17)
Support: 1,400, 1,377
Resistance: 1,467, 1,487

Bursa Top Gainers:

PCHEM (+1.4 %), QL (+0.7 %), PPB (+0.7 %)

Bursa Top Losers:
HLFG (-2.3 %), GNM (-2.0 %), GENTING (-1.5 %)

Bursa Trade Statistics
Local Institutions (41.9%): +RM331.0m
Local Retail (25.5%): +RM66.6m
Foreign (32.5%): -RM397.6m

Global Equity Indexes
MSCI Asia : 154.79 (-2.06, -1.31%)
NASDAQ : 13,236.01 (+176.54, +1.35%)
S&P500 : 4,263.75 (+34.30, +0.81%)
DJIA : 33,129.55 (+127.17, +0.39%)

USD/MYR : 4.7265 (-0.0037)
SGD/MYR : 3.4454 (-0.0022)

Crude Oil : $ 84.38 (-5.12)
Gold : $ 1,822.96 (-0.98)

U.S. stocks were higher after the close on Wednesday, as gains in the Consumer Goods, Technology and Consumer Services sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average gained 0.39%, while the S&P 500 index gained 0.81%, and the NASDAQ Composite index added 1.35%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1754 to 1161 and 83 ended unchanged; on the Nasdaq Stock Exchange, 1898 rose and 1599 declined, while 121 ended unchanged.. (Source: Investing.com)

Stocks To Watch:
1) SOLUTN (KLSE: 0093)
Technical BUY with +30.6% potential return
* Last: RM0.245 TP: RM0.26, RM0.32 SL: RM0.215
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) ATECH (KLSE: 5302)
Technical BUY with +24.3% potential return
* Last: RM2.59 TP: RM2.92, RM3.22 SL: RM2.51
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) KERJAYA (KLSE: 7161)
Technical BUY with +17.6% potential return
* Last: RM1.31 TP: RM1.38, RM1.54 SL: RM1.21
* 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.

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UOBKH Retail Market Monitor
6 October 2023


FBMKLCI: 1,415.60 (-0.24)
Support: 1,400, 1,377
Resistance: 1,467, 1,487

Bursa Top Gainers:
MRDIY (+2.0 %), GENM (+0.8 %), PPB (+0.7 %)

Bursa Top Losers:
PMETAL (-1.7 %), CDB (-1.4 %), DIALOG (-1.0 %)

Bursa Trade Statistics
Local Institutions (40.3%): +RM433.2m
Local Retail (23.2%): -RM22.6m
Foreign (36.5%): -RM410.6m

Global Equity Indexes
MSCI Asia : 152.34 (-2.45, -1.58%)
NASDAQ : 13,219.84 (-16.17, -0.12%)
S&P500 : 4,258.19 (-5.56, -0.13%)
DJIA : 33,119.57 (-9.98, -0.03%)

USD/MYR : 4.7195 (-0.0082)
SGD/MYR : 3.4511 (+0.0051)

Crude Oil : $ 82.84 (-1.54)
Gold : $ 1,820.67 (-2.29)

U.S. stocks were lower after the close on Thursday, as losses in the Consumer Goods, Basic Materials and Industrials sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average lost 0.03%, while the S&P 500 index declined 0.13%, and the NASDAQ Composite index declined 0.12%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1554 to 1371 and 73 ended unchanged; on the Nasdaq Stock Exchange, 1733 fell and 1714 advanced, while 142 ended unchanged. (Source: Investing.com)

Stocks To Watch:
1) D&O (KLSE: 7204)
Technical BUY with +25.1% potential return
* Last: RM3.31 TP: RM3.62, RM4.14 SL: RM2.99
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) MATRIX (KLSE: 5236)
Technical BUY with +9.9% potential return
* Last: RM1.51 TP: RM1.56, RM1.66 SL: RM1.46
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) ECONBHD (KLSE: 5253)
Technical BUY with +20.6% potential return
* Last: RM0.315 TP: RM0.345, RM0.380 SL: RM0.260
* Timeframe: 2 weeks to 2 months
* Shariah: YES

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.

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UOBKH Retail Market Monitor
30 October 2023


FBMKLCI: 1,441.90 (+1.30)
Support: 1,400, 1,377
Resistance: 1,467, 1,487

Bursa Top Gainers:
MRDIY (+1.4 %), PPB (+1.3 %), PMETAL (+1.2 %)

Bursa Top Losers:
AXIATA (-1.7 %), CDB (-0.71 %), GENTING (-0.49 %)

Bursa Trade Statistics
Local Institutions (43.1%): +RM78.0m
Local Retail (26.3%): +RM10.7m
Foreign (30.6%): -RM88.7m

Global Equity Indexes
MSCI Asia : 152.10 (+2.00, +1.33%)
NASDAQ : 12,643.01 (+47.40, +0.38%)
S&P500 : 4,117.37 (-19.86, -0.48%)
DJIA : 32,417.59 (-366.71, -1.12%)

USD/MYR : 4.7797 (+0.0022)
SGD/MYR : 3.4886 (-0.0003)

Crude Oil : $ 84.65 (+0.99)
Gold : $ 2,004.21 (+20.31)

US stocks were mixed after the close on Friday, as gains in the Consumer Services, Technology and Basic Materials sectors led shares higher while losses in the Telecoms, Oil & Gas and Utilities sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average lost 1.12% to hit a new 6-months low, while the S&P 500 index declined 0.48%, and the NASDAQ Composite index added 0.38%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2,073 to 825 and 86 ended unchanged; on the Nasdaq Stock Exchange, 2,457 fell and 1082 advanced, while 110 ended unchanged. (Source: Investing.com)

Stocks To Watch:
1) ANEKA (KLSE: 0226)
Technical BUY on breakout (RM0.195) with +30.8% potential return
* Last: RM0.185 TP: RM0.24, RM0.255 SL: RM0.16
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) SWSCAP (KLSE: 7186)
Technical BUY with +33.3% potential return
* Last: RM0.315 TP: RM0.38, RM0.42 SL: RM0.275
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) ABLEGLOB (KLSE: 7167)
Technical BUY with +12.3% potential return
* Last: RM1.30 TP: RM1.41, RM1.46 SL: RM1.24
* 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.

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UOBKH Retail Market Monitor
31 October 2023


FBMKLCI: 1,439.20 (-2.70)
Support: 1,400, 1,377
Resistance: 1,467, 1,487

Bursa Top Gainers:
SIMEPLT (+1.4 %), MRDIY (+1.3 %), WPRTS (+1.2 %)

Bursa Top Losers:
AXIATA (-2.2 %), PPB (-2.1 %), NESTLE (-1.1 %)

Bursa Trade Statistics
Local Institutions (41.3%): +RM55.6m
Local Retail (28.8%): +RM23.6m
Foreign (29.9%): -RM79.2m

Global Equity Indexes
MSCI Asia : 152.10 (+2.00, +1.33%)
NASDAQ : 12,789.48 (+146.47, +1.16%)
S&P500 : 4,166.82 (+49.45, +1.20%)
DJIA : 32,928.96 (+511.37, +1.58%)

USD/MYR : 4.7603 (-0.0019)
SGD/MYR : 3.4886 (+0.0018)

Crude Oil : $ 82.86 (-1.79)
Gold : $ 1,995.48 (-8.73)

US stocks were higher after the close on Monday, as gains in the Telecoms, Consumer Services and Financials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average gained 1.58%, while the S&P 500 index climbed 1.20%, and the NASDAQ Composite index climbed 1.16%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 2,020 to 917 and 79 ended unchanged; on the Nasdaq Stock Exchange, 2,212 rose and 1,314 declined, while 103 ended unchanged. (Source: Investing.Com)

Stocks To Watch:
1) N2N (KLSE: 0108)
Technical BUY on breakout (RM0.46) with +17.4% potential return
* Last: RM0.445 TP: RM0.505, RM0.54 SL: RM0.415
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) LUXCHEM (KLSE: 5143)
Technical BUY with +24.5% potential return
* Last: RM0.51 TP: RM0.58, RM0.635 SL: RM0.46
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) DSS (KLSE: 0269)
Technical BUY on breakout (RM0.455) with +30.8% potential return
* Last: RM0.435 TP: RM0.53, RM0.595 SL: RM0.355
* Timeframe: 2 weeks to 2 months
* Shariah: YES

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.

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UOBKH Retail Market Monitor
1 November 2023

FBMKLCI: 1,442.14 (+2.94)
Support: 1,400, 1,377
Resistance: 1,467, 1,487

Bursa Top Gainers:
HLBANK (+1.3 %), PETGAS (+1.1 %), PCHEM (+0.82 %)

Bursa Top Losers:
AXIATA (-3.5 %), MRDIY (-2.0 %), WPRTS (-1.5 %)

Bursa Trade Statistics
Local Institutions (42.1%): -RM54.0m
Local Retail (26.7%): -RM4.3m
Foreign (31.2%): +RM58.3m

Global Equity Indexes
MSCI Asia : 152.00 (-0.10, -0.07%)
NASDAQ : 12,851.24 (+61.76, +0.48%)
S&P500 : 4,193.80 (+26.98, +0.65%)
DJIA : 33,052.87 (+123.91, +0.38%)

USD/MYR : 4.7725 (+0.0090)
SGD/MYR : 3.4826 (-0.0071)

Crude Oil : $ 81.26 (-1.60)
Gold : $ 1,981.66 (-13.82)

US stocks were higher after the close on Tuesday, as gains in the Telecoms, Financials and Industrials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average gained 0.38%, while the S&P 500 index added 0.65%, and the NASDAQ Composite index climbed 0.48%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 2,047 to 886 and 77 ended unchanged; on the Nasdaq Stock Exchange, 2,094 rose and 1,373 declined, while 133 ended unchanged. (Source: Investing.Com)

Stocks To Watch:
1) CYPARK (KLSE: 5184)
Technical BUY with +32.3% potential return
* Last: RM0.975 TP: RM1.22, RM1.29 SL: RM0.84
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) HUMEIND (KLSE: 5000)
Technical BUY with +17.1% potential return
* Last: RM1.70 TP: RM1.91, RM1.99 SL: RM1.59
* Timeframe: 2 weeks to 2 months
* Shariah: NO

3) PERDANA (KLSE: 7108)
Technical BUY with +27.5% potential return
* Last: RM0.255 TP: RM0.28, RM0.325 SL: RM0.22
* 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.

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UOBKH Retail Market Monitor
2 November 2023


FBMKLCI: 1,442.14 (-6.81)
Support: 1,400, 1,377
Resistance: 1,467, 1,487

Bursa Top Gainers:
MRDIY (+2.0 %), MAXIS (+1.0 %), WPRTS (+0.89 %)

Bursa Top Losers:
DIALOG (-4.2 %), PCHEM (-2.7 %), PMETAL (-2.0 %)

Bursa Trade Statistics
Local Institutions (42.7%): +RM83.6m
Local Retail (27.3%): +RM25.6m
Foreign (29.9%): -RM109.2m

Global Equity Indexes
MSCI Asia : 150.66 (-1.34, -0.88%)
NASDAQ : 13,061.47 (+210.23, +1.64%)
S&P500 : 4,237.86 (+44.06, +1.05%)
DJIA : 33,274.58 (+221.71, +0.67%)

USD/MYR : 4.7525 (-0.0190)
SGD/MYR : 3.4802 (-0.0003)

Crude Oil : $ 81.10 (-0.16)
Gold : $ 1,985.43 (+3.77)

US stocks were higher after the close on Wednesday, as gains in the Technology, Utilities and Consumer Services sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average rose 0.67%, while the S&P 500 index gained 1.05%, and the NASDAQ Composite index gained 1.64%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,906 to 1,035 and 54 ended unchanged; on the Nasdaq Stock Exchange, 1,747 fell and 1,717 advanced, while 124 ended unchanged. (Source: Investing.Com)

Stocks To Watch:
1) SERCOL (KLSE: 0055)
Technical BUY on breakout (RM0.165) with +27.3% potential return
* Last: RM0.15 TP: RM0.195, RM0.21 SL: RM0.125
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) PRLEXUS (KLSE: 8966)
Technical BUY on breakout (RM0.32) with +28.1% potential return
* Last: RM0.31 TP: RM0.385, RM0.41 SL: RM0.29
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) WCEHB (KLSE: 3565)
Technical BUY with +26.8% potential return
* Last: RM0.785 TP: RM0.895, RM0.995 SL: RM0.72
* Timeframe: 2 weeks to 2 months
* Shariah: NO

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.

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UOBKH Retail Market Monitor
3 November 2023


FBMKLCI: 1,439.77 (+4.44)
Support: 1,400, 1,377
Resistance: 1,467, 1,487

Bursa Top Gainers:
AXIATA (+5.0 %), HLFG (+1.6 %), CDB (+1.2 %)

Bursa Top Losers:
PPB (-1.3 %), MRDIY (-0.66 %), WPRTS (-0.59 %)

Bursa Trade Statistics
Local Institutions (44.3%): -RM41.0m
Local Retail (27.9%): -RM42.3m
Foreign (27.7%): +RM83.3m

Global Equity Indexes
MSCI Asia : 152.25 (+1.59, +1.06%)
NASDAQ : 13,294.19 (+232.72, +1.78%)
S&P500 : 4,317.78 (+79.92, +1.89%)
DJIA : 33,839.08 (+564.50, +1.70%)

USD/MYR : 4.7500 (-0.0005)
SGD/MYR : 3.4794 (-0.0018)

Crude Oil : $ 82.62 (+1.52)
Gold : $ 1,985.35 (-0.08)

US stocks were higher after the close on Thursday, as gains in the Oil & Gas, Consumer Goods and Financials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average rose 1.70%, while the S&P 500 index climbed 1.89%, and the NASDAQ Composite index gained 1.78%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 2,588 to 384 and 40 ended unchanged; on the Nasdaq Stock Exchange, 2,650 rose and 868 declined, while 76 ended unchanged. (Source: Investing.Com)

Stocks To Watch:
1) MALAKOF (KLSE: 5264)
Technical BUY on breakout (RM0.62) with +15.3% potential return
* Last: RM0.61 TP: RM0.69, RM0.715 SL: RM0.565
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) HIAPTEK (KLSE: 5072)
Technical BUY with +25.6% potential return
* Last: RM0.43 TP: RM0.495, RM0.54 SL: RM0.39
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) TEXCHEM (KLSE: 8702)
Technical BUY with +26.7% potential return
* Last: RM0.90 TP: RM1.06, RM1.14 SL: RM0.79
* Timeframe: 2 weeks to 2 months
* Shariah: YES

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