UOBKH Retail Market Monitor
14 December 2023

FBMKLCI: 1,448.04 (+0.92)
Support: 1,400, 1,377
Resistance: 1,467, 1,487

Bursa Top Gainers:
QL (+2.5%), SIME (+1.3%), WPRTS (+1.1%)

Bursa Top Losers:
MRDIY (-2.0%), NESTLE (-1.4%), MAXIS (-1.0%)

Bursa Trade Statistics
Local Institutions (42.65%): +RM68m
Local Retail (24.39%): -RM23m
Foreign (32.96%): -RM44m

Global Equity Indexes
MSCI Asia : 161.45 (-0.15, -0.09%)
NASDAQ : 14,733.96 (+200.56, +1.38%)
S&P500 : 4,707.09 (+63.39, +1.37%)
DJIA : 37,090.24 (+512.30, +1.40%)

USD/MYR : 4.6633 (-0.0200)
SGD/MYR : 3.4993 (+0.0078)

Crude Oil : $69.89 (+1.17)
Gold : $2,034.90 (+54.05)

US stocks were higher after the close on Wednesday, as gains in the Utilities, Financials and Healthcare sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average gained 1.40% to hit a new all-time high, while the S&P 500 index added 1.37%, and the NASDAQ Composite index added 1.38%. Rising stocks outnumbered declining ones on the New York Stock Exchange by ,2571 to 367 and 39 ended unchanged; on the Nasdaq Stock Exchange, 2,623 rose and 859 declined, while 91 ended unchanged. (Sources: Investing.com)

Stocks To Watch:
1) CSCENIC (KLSE: 7202)
Technical BUY with +35.2% potential return
** Last: RM0.44 TP: RM0.555, RM0.595 SL: RM0.395
** Timeframe: 2 weeks to 2 months
** Shariah: YES

2) HEXCARE (KLSE: 7803)
Technical BUY with +31.4% potential return
** Last: RM0.255 TP: RM0.295, RM0.335 SL: RM0.22
** Timeframe: 2 weeks to 2 months
** Shariah: YES

3) PUNCAK (KLSE: 6807)
Technical BUY with +44.2% potential return
** Last: RM0.385 TP: RM0.495, RM0.555 SL: RM0.31
** Timeframe: 2 weeks to 2 months
** Shariah: YES

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Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.

For the full research report, please log in to www.utrade.com.my

UOBKH Malaysia Trading Idea
14 December 2023

#TradingIdea #UOBKayHian

UOBKH Singapore Retail Market Monitor
14 December 2023

Short Term Opportunity:
1) SATS (SGX: S58)
Technical BUY Range S$2.68-2.69
Last: S$2.69
TP: S$2.96
SL: S$2.60

2) Keppel Corp (SGX: BN4)
Technical BUY Range S$6.75-6.76
Last: S$6.76
TP: S$7.42
SL: S$6.57

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Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.

For the full research report, please log in to www.utrade.com.my

UOBKH Hong Kong Retail Market Monitor
14 December 2023

Short Term Opportunity:
1) China Literature Limited (HKEX: 772)
Technical BUY Range HK$28.00-29.60
Last: HK$29.90
TP: HK$30.50/HK$31.00
SL: HK$26.00

2) MGM China Holdings Limited (HKEX: 2282)
Technical BUY Range HK$9.58-9.70
Last: HK$9.74
TP: HK$10.10/HK$10.30
SL: HK$8.80

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

Is The U.S. Market Finally Doing Well? 📈

Join us as our expert, Paul DeVierno, provides insights into the current and potential state of the U.S. Market this December. Don't miss out on this essential market update!

Click the link to watch: https://fb.watch/oVfjfPeOh2/

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UOBKH Malaysia Trading Idea
15 December 2023

#TradingIdea #UOBKayHian

UOBKH Retail Market Monitor
15 December 2023

FBMKLCI: 1,456.26 (+8.22)
Support: 1,400, 1,377
Resistance: 1,467, 1,487

Bursa Top Gainers:
QL (+2.3%), PETGAS (+2.3%), PMETAL (+2.1%)

Bursa Top Losers:
WPRTS (-2.8%), PPB (-0.69%), MRDIY (-0.67%)

Bursa Trade Statistics
(Not Available)

Global Equity Indexes
MSCI Asia : 164.02 (+2.57, +1.59%)
NASDAQ : 14,761.56 (+27.60 ,+0.19%)
S&P500 : 4,719.55 (+12.46,+0.26%)
DJIA : 37,248.35 (+158.11,+0.43%)

USD/MYR : 4.6675 (+0.0042)
SGD/MYR : 3.5106 (+0.0113)

Crude Oil : $71.60 (+1.71)
Gold : $2,033.71 (-1.19)

US stocks were higher after the close on Thursday, as gains in the Oil & Gas, Basic Materials and Industrials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average rose 0.43% to hit a new all-time high, while the S&P 500 index gained 0.26%, and the NASDAQ Composite index gained 0.19%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 2,302 to 641 and 39 ended unchanged; on the Nasdaq Stock Exchange, 2,395 rose and 1,073 declined, while 100 ended unchanged. (Sources: Investing.com)

Stocks To Watch:

1) ADVENTA (KLSE: 7191)
Technical BUY with +26.2% potential return
* Last: RM0.325 TP: RM0.39, RM0.41 SL: RM0.275
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) AEMULUS (KLSE: 0181)
Technical BUY with +27.4% potential return
* Last: RM0.31 TP: RM0.37, RM0.395 SL: RM0.265
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) SMI (KLSE: 4375)
Technical BUY on breakout (RM 0.705) with +28.4% potential return
* Last: RM0.675 TP: RM0.845, RM0.905 SL: RM0.595
* 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 Retail Market Monitor
15 December 2023
(Updated Bursa Trade Stats)

FBMKLCI: 1,456.26 (+8.22)
Support: 1,400, 1,377
Resistance: 1,467, 1,487

Bursa Top Gainers:
QL (+2.3%), PETGAS (+2.3%), PMETAL (+2.1%)

Bursa Top Losers:
WPRTS (-2.8%), PPB (-0.69%), MRDIY (-0.67%)

Bursa Trade Statistics
Local Institutions (40.62%): -RM35.0m
Local Retail (25.67%): -RM90.0m
Foreign (33.71%): +RM125.0m

Global Equity Indexes
MSCI Asia : 164.02 (+2.57, +1.59%)
NASDAQ : 14,761.56 (+27.60 ,+0.19%)
S&P500 : 4,719.55 (+12.46,+0.26%)
DJIA : 37,248.35 (+158.11,+0.43%)

USD/MYR : 4.6675 (+0.0042)
SGD/MYR : 3.5106 (+0.0113)

Crude Oil : $71.60 (+1.71)
Gold : $2,033.71 (-1.19)

US stocks were higher after the close on Thursday, as gains in the Oil & Gas, Basic Materials and Industrials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average rose 0.43% to hit a new all-time high, while the S&P 500 index gained 0.26%, and the NASDAQ Composite index gained 0.19%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 2,302 to 641 and 39 ended unchanged; on the Nasdaq Stock Exchange, 2,395 rose and 1,073 declined, while 100 ended unchanged. (Sources: Investing.com)

Stocks To Watch:

1) ADVENTA (KLSE: 7191)
Technical BUY with +26.2% potential return
* Last: RM0.325 TP: RM0.39, RM0.41 SL: RM0.275
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) AEMULUS (KLSE: 0181)
Technical BUY with +27.4% potential return
* Last: RM0.31 TP: RM0.37, RM0.395 SL: RM0.265
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) SMI (KLSE: 4375)
Technical BUY on breakout (RM 0.705) with +28.4% potential return
* Last: RM0.675 TP: RM0.845, RM0.905 SL: RM0.595
* 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
15 December 2023

Short Term Opportunity:
1) Techtronic Industries Company Limited (HKEX: 669)
Technical BUY range HK$ 87.00-87.15
Last: HK$ 87.15
TP: HK$ 94.55/ HK$ 98.35
SL: HK$ 80.45

2) CK Asset Holdings Limited (HKEX: 1113)
Technical BUY range HK$ 37.50-38.00
Last: HK$ 38.05
TP: HK$ 40.10/ HK$ 42.10
SL: HK$ 36.95

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

Greetings,

Please be informed that the final release of the Retail Market Monitor for the year ended on 16 Dec 2023. Production will resume on Tuesday, January 2nd, 2024.

Thank you for your support and all the best in your trading.

Thank you.

🌍 Overnight News That Moved The Market 📊

⌚️ Apple to halt US sales of Series 9, Ultra 2 smartwatches over patent dispute

💻 Adobe shelves $20b Figma deal after hitting regulatory roadblocks

💰 China's Nio to get $2.2b investment from Abu Dhabi's CYVN

🔧 China allocates $33b from sovereign bonds for disaster-hit infrastructure

LIVE WEBINAR - CANTONESE

Hong Kong Stocks 2024 Strategy in the "Policy Season"

📅 Thursday, 21 Dec 2023
⏰ 7:00pm – 8:00pm

This webinar will be hosted in Cantonese and open to the public.

Register Now!
https://register.gotowebinar.com/register/3919550481302961237?source=MY

__

As the year 2023 draws to a close, although the Hong Kong and Chinese stock markets have been lagging behind this year, the economy of Mainland China is gradually recovering, and we are entering the traditional "policy season" from December to March. After the Central Economic Work Conference, the market is looking forward to the annual "Two Sessions", which will set the annual growth target and potentially propose more stimulus measures, which may boost the economic outlook and stimulate Hong Kong stocks to get out of the doldrums.

Speaker:
Mr. Curtis Yeung, Strategist
UOB Kay Hian Hong Kong

__

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Wishing you plenty of good reasons to celebrate this beautiful season. May your holiday season be as special as you are. Merry Christmas!

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#UOBKayHianGreets
#UOBkayHianMalaysia

Why Did the US Market Outperform In 2023? 📈

Join our market strategist, Paul DeVierno, as he breaks down the magic behind the Santa Claus rally and explains why the S&P 500 is on the verge of a historic high! Watch our video to stay in the know

Click the link to watch: https://fb.watch/pbIzNFDD-c/

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Cheers to 2024! A New Year is a gift of new possibilities, fresh beginnings and boundless opportunities. This year's yours for the taking.

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#UOBkayHianMalaysia