UOBKH Retail Market Monitor
4 January 2024
FBMKLCI: 1,462.37 (+9.27)
Support: 1,416, 1,400
Resistance: 1,467, 1,487
Bursa Top Gainers:
YTLPOWR (+8.9%), YTL (+4.7%), PCHEM (+2.1%)
Bursa Top Losers:
SIME (-1.7%), HLBANK (-0.86%), AXIATA (-0.83%)
Bursa Trade Statistics
Local Institutions (45.00%): -RM237.3m
Local Retail (30.40%): -RM120.8m
Foreign (24.60%): +RM358.1m
Global Equity Indexes
MSCI Asia : 165.97 (-2.21, -1.31%)
NASDAQ : 14,592.21 (-173.73 ,-1.18%)
S&P500 : 4,704.81 (-38.02,-0.80%)
DJIA : 37,430.19 (-284.85,-0.76%)
USD/MYR : 4.6390 (+0.0185)
SGD/MYR : 3.4929 (+0.0079)
Crude Oil : $72.93 (-1.56)
Gold : $2,043.00 (-18.31)
US stocks were lower after the close on Wednesday, as losses in the Industrials, Consumer Goods and Consumer Services sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average fell 0.76%, while the S&P 500 index declined 0.80%, and the NASDAQ Composite index declined 1.18%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2,080 to 803 and 50 ended unchanged; on the Nasdaq Stock Exchange, 2,527 fell and 928 advanced, while 64 ended unchanged. (Sources: Investing.com)
Stocks To Watch:
1) DSS (KLSE: 0269)
Technical BUY with +30.3% potential return
* Last: RM0.38 TP: RM0.445, RM0.495 SL: RM0.345
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) WCT (KLSE: 9679)
Technical BUY with +22.9% potential return
* Last: RM0.525 TP: RM0.595, RM0.645 SL: RM0.47
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) LIONIND (KLSE: 4235)
Technical BUY with +18.8% potential return
* Last: RM0.345 TP: RM0.375, RM0.41 SL: RM0.305
* 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
4 January 2024
FBMKLCI: 1,462.37 (+9.27)
Support: 1,416, 1,400
Resistance: 1,467, 1,487
Bursa Top Gainers:
YTLPOWR (+8.9%), YTL (+4.7%), PCHEM (+2.1%)
Bursa Top Losers:
SIME (-1.7%), HLBANK (-0.86%), AXIATA (-0.83%)
Bursa Trade Statistics
Local Institutions (45.00%): -RM237.3m
Local Retail (30.40%): -RM120.8m
Foreign (24.60%): +RM358.1m
Global Equity Indexes
MSCI Asia : 165.97 (-2.21, -1.31%)
NASDAQ : 14,592.21 (-173.73 ,-1.18%)
S&P500 : 4,704.81 (-38.02,-0.80%)
DJIA : 37,430.19 (-284.85,-0.76%)
USD/MYR : 4.6390 (+0.0185)
SGD/MYR : 3.4929 (+0.0079)
Crude Oil : $72.93 (-1.56)
Gold : $2,043.00 (-18.31)
US stocks were lower after the close on Wednesday, as losses in the Industrials, Consumer Goods and Consumer Services sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average fell 0.76%, while the S&P 500 index declined 0.80%, and the NASDAQ Composite index declined 1.18%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2,080 to 803 and 50 ended unchanged; on the Nasdaq Stock Exchange, 2,527 fell and 928 advanced, while 64 ended unchanged. (Sources: Investing.com)
Stocks To Watch:
1) DSS (KLSE: 0269)
Technical BUY with +30.3% potential return
* Last: RM0.38 TP: RM0.445, RM0.495 SL: RM0.345
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) WCT (KLSE: 9679)
Technical BUY with +22.9% potential return
* Last: RM0.525 TP: RM0.595, RM0.645 SL: RM0.47
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) LIONIND (KLSE: 4235)
Technical BUY with +18.8% potential return
* Last: RM0.345 TP: RM0.375, RM0.41 SL: RM0.305
* 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
Forwarded from UOBKH Trading Ideas
How Many Rate Cuts Can Expect In 2024? 🗓
Dive into 2024 with our market strategist, Paul DeVierno, as he shares what we can expect from the upcoming 4Q earnings growth report, predicts the 4Q GDP growth rate and and reveals the potential number of rate cuts in the coming year. Don't miss out on these insights!
Click the link to watch: https://fb.watch/pkVoW8-JPB/
Follow us on Facebook:
👉 UTRADE Singapore
Dive into 2024 with our market strategist, Paul DeVierno, as he shares what we can expect from the upcoming 4Q earnings growth report, predicts the 4Q GDP growth rate and and reveals the potential number of rate cuts in the coming year. Don't miss out on these insights!
Click the link to watch: https://fb.watch/pkVoW8-JPB/
Follow us on Facebook:
👉 UTRADE Singapore
UOBKH Singapore Retail Market Monitor
4 January 2024
Short Term Opportunity:
1) Sembcorp Industries (SGX: U96)
Technical Buy range S$5.30-5.32
Last: S$ 5.34
TP: S$ 6.00
SL: S$ 4.99
2) Delfi (SGX: P34)
Technical Buy range S$ 1.12-1.13
Last: S$ 1.13
TP: S$ 1.29
SL: S$ 1.09
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
4 January 2024
Short Term Opportunity:
1) Sembcorp Industries (SGX: U96)
Technical Buy range S$5.30-5.32
Last: S$ 5.34
TP: S$ 6.00
SL: S$ 4.99
2) Delfi (SGX: P34)
Technical Buy range S$ 1.12-1.13
Last: S$ 1.13
TP: S$ 1.29
SL: S$ 1.09
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
4 January 2024
Short Term Opportunity:
1) HKBN Ltd. (HKEX: 1310)
Technical BUY range HK$ 3.50-3.55
Last: HK$ 3.62
TP: HK$ 3.71/ HK$ 4.00
SL: HK$ 3.21
2) Yankuang Energy Group Company Limited (HKEX: 1171)
Technical BUY range HK$ 15.30-15.50
Last: HK$ 15.86
TP: HK$ 16.30/ HK$ 17.00
SL: HK$ 14.00
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
4 January 2024
Short Term Opportunity:
1) HKBN Ltd. (HKEX: 1310)
Technical BUY range HK$ 3.50-3.55
Last: HK$ 3.62
TP: HK$ 3.71/ HK$ 4.00
SL: HK$ 3.21
2) Yankuang Energy Group Company Limited (HKEX: 1171)
Technical BUY range HK$ 15.30-15.50
Last: HK$ 15.86
TP: HK$ 16.30/ HK$ 17.00
SL: HK$ 14.00
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
UOB Kay Hian Investment Carnival 1H24
Singapore & US Market Outlook
Presenters:
Adrian Loh, SG Market Outlook, Head of Research Singapore, UOB Kay Hian Singapore
John Cheong, Small & Mid Market, Head of Retail Research, UOB Kay Hian Singapore
Paul De Vierno, Strategist, Private Wealth Management, UOB Kay Hian Singapore
🗓: Monday, 15 Jan 2024
⏰: 6.30pm – 8.30pm
Language: English
Register Now
https://bit.ly/SGUSMarketOulook1H24
Uncover hidden gems & navigate 2024's market! Learn top picks & Singapore outlook.
From Covid-19 and zero interest rates, we then had inflation and rapid-fire Fed rate hikes to battle it. In 2024, a return to normalcy is on the cards - while there will be challenges ahead, there will also be many opportunities.
View Upcoming Events
https://bit.ly/UOBKayHianInvestmentCarnival1H2024
Please feel free to forward this invitation. Thank you.
____
#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian
#UOBKayHianInvestmentCarnival1H24
Singapore & US Market Outlook
Presenters:
Adrian Loh, SG Market Outlook, Head of Research Singapore, UOB Kay Hian Singapore
John Cheong, Small & Mid Market, Head of Retail Research, UOB Kay Hian Singapore
Paul De Vierno, Strategist, Private Wealth Management, UOB Kay Hian Singapore
🗓: Monday, 15 Jan 2024
⏰: 6.30pm – 8.30pm
Language: English
Register Now
https://bit.ly/SGUSMarketOulook1H24
Uncover hidden gems & navigate 2024's market! Learn top picks & Singapore outlook.
From Covid-19 and zero interest rates, we then had inflation and rapid-fire Fed rate hikes to battle it. In 2024, a return to normalcy is on the cards - while there will be challenges ahead, there will also be many opportunities.
View Upcoming Events
https://bit.ly/UOBKayHianInvestmentCarnival1H2024
Please feel free to forward this invitation. Thank you.
____
#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian
#UOBKayHianInvestmentCarnival1H24
UOB Kay Hian Investment Carnival 1H24
Aviation, SG Banks & HK Market Outlook
Presenters:
Roy Chen, Aviation, Senior Analyst, UOB Kay Hian Singapore,
Jonathan Koh, Banks & REIT, Director, UOB Kay Hian Singapore
Curtis Yeung, Strategist, UOB Kay Hian Hong Kong
🗓: Thursday, 18 Jan 2024
⏰: 6.30pm – 8.30pm
Language: English
Register Now
https://bit.ly/SGHKMarketOutlook1H24
Uncover aviation & banking gems for Singapore's 2024 skyrocket! Plus, seize opportunities in China's gradual ascent. Join our webinar to learn more .
View Upcoming Events
https://bit.ly/UOBKayHianInvestmentCarnival1H2024
Please feel free to forward this invitation. Thank you.
____
#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian
#UOBKayHianInvestmentCarnival1H24
Aviation, SG Banks & HK Market Outlook
Presenters:
Roy Chen, Aviation, Senior Analyst, UOB Kay Hian Singapore,
Jonathan Koh, Banks & REIT, Director, UOB Kay Hian Singapore
Curtis Yeung, Strategist, UOB Kay Hian Hong Kong
🗓: Thursday, 18 Jan 2024
⏰: 6.30pm – 8.30pm
Language: English
Register Now
https://bit.ly/SGHKMarketOutlook1H24
Uncover aviation & banking gems for Singapore's 2024 skyrocket! Plus, seize opportunities in China's gradual ascent. Join our webinar to learn more .
View Upcoming Events
https://bit.ly/UOBKayHianInvestmentCarnival1H2024
Please feel free to forward this invitation. Thank you.
____
#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian
#UOBKayHianInvestmentCarnival1H24
UOBKH Retail Market Monitor
5 January 2024
FBMKLCI: 1,477.26 (+14.89)
Support: 1,441, 1,416
Resistance: 1,487, 1,500
Bursa Top Gainers:
YTLPOWR (+7.1%), AXIATA (+4.6%), TENAGA (+3.6%)
Bursa Top Losers:
PETDAG (-2.2%), MRDIY (-1.4%), PMETAL (-1.0%)
Bursa Trade Statistics
Local Institutions (46.2%): +RM108.6m
Local Retail (26.6%): -RM170.3m
Foreign (27.2%): +RM61.7m
Global Equity Indexes
MSCI Asia : 165.74 (-0.23, -0.14%)
NASDAQ : 14,510.30 (-81.91 ,-0.56%)
S&P500 : 4,688.68 (-16.13,-0.34%)
DJIA : 37,440.34 (+10.15,+0.03%)
USD/MYR : 4.6450 (+0.006)
SGD/MYR : 3.4945 (+0.0016)
Crude Oil : $72.36 (-0.57)
Gold : $2,044.34 (+1.34)
U.S. stocks were mixed after the close on Thursday, as gains in the Healthcare, Financials and Telecoms sectors led shares higher while losses in the Oil & Gas, Consumer Services and Technology sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average rose 0.03%, while the S&P 500 index declined 0.34%, and the NASDAQ Composite index fell 0.56%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1470 to 1398 and 76 ended unchanged; on the Nasdaq Stock Exchange, 1748 fell and 1673 advanced, while 121 ended unchanged. (Sources: Investing.com)
Stocks To Watch:
1) MFLOUR (KLSE: 3662)
Technical BUY with +14.6% potential return
* Last: RM0.65 TP: RM0.715, RM0.745 SL: RM0.625
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) MALAKOF (KLSE: 5264)
Technical BUY on breakout (RM 0.66) with +18.5% potential return
* Last: RM0.65 TP: RM0.745, RM0.77 SL: RM0.595
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) UZMA (KLSE: 7250)
Technical BUY with +14.0% potential return
* Last: RM0.785 TP: RM0.86, RM0.895 SL: RM0.72
* 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
5 January 2024
FBMKLCI: 1,477.26 (+14.89)
Support: 1,441, 1,416
Resistance: 1,487, 1,500
Bursa Top Gainers:
YTLPOWR (+7.1%), AXIATA (+4.6%), TENAGA (+3.6%)
Bursa Top Losers:
PETDAG (-2.2%), MRDIY (-1.4%), PMETAL (-1.0%)
Bursa Trade Statistics
Local Institutions (46.2%): +RM108.6m
Local Retail (26.6%): -RM170.3m
Foreign (27.2%): +RM61.7m
Global Equity Indexes
MSCI Asia : 165.74 (-0.23, -0.14%)
NASDAQ : 14,510.30 (-81.91 ,-0.56%)
S&P500 : 4,688.68 (-16.13,-0.34%)
DJIA : 37,440.34 (+10.15,+0.03%)
USD/MYR : 4.6450 (+0.006)
SGD/MYR : 3.4945 (+0.0016)
Crude Oil : $72.36 (-0.57)
Gold : $2,044.34 (+1.34)
U.S. stocks were mixed after the close on Thursday, as gains in the Healthcare, Financials and Telecoms sectors led shares higher while losses in the Oil & Gas, Consumer Services and Technology sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average rose 0.03%, while the S&P 500 index declined 0.34%, and the NASDAQ Composite index fell 0.56%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1470 to 1398 and 76 ended unchanged; on the Nasdaq Stock Exchange, 1748 fell and 1673 advanced, while 121 ended unchanged. (Sources: Investing.com)
Stocks To Watch:
1) MFLOUR (KLSE: 3662)
Technical BUY with +14.6% potential return
* Last: RM0.65 TP: RM0.715, RM0.745 SL: RM0.625
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) MALAKOF (KLSE: 5264)
Technical BUY on breakout (RM 0.66) with +18.5% potential return
* Last: RM0.65 TP: RM0.745, RM0.77 SL: RM0.595
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) UZMA (KLSE: 7250)
Technical BUY with +14.0% potential return
* Last: RM0.785 TP: RM0.86, RM0.895 SL: RM0.72
* 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
5 January 2024
Short Term Opportunity:
1) Propnex (SGX: OYY)
Technical Buy range S$0.935-0.940
Last: S$ 0.940
TP: S$ 1.060
SL: S$ 0.895
2) Singapore Airlines (SGX: C6L)
Technical Buy range S$ 6.41-6.42
Last: S$ 6.36
TP: S$ 5.92
SL: S$ 6.65
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
5 January 2024
Short Term Opportunity:
1) Propnex (SGX: OYY)
Technical Buy range S$0.935-0.940
Last: S$ 0.940
TP: S$ 1.060
SL: S$ 0.895
2) Singapore Airlines (SGX: C6L)
Technical Buy range S$ 6.41-6.42
Last: S$ 6.36
TP: S$ 5.92
SL: S$ 6.65
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
5 January 2024
Short Term Opportunity:
1) Sino Biopharmaceutical Limited (HKEX: 1177)
Technical BUY range HK$ 3.28-3.30
Last: HK$ 3.37
TP: HK$ 3.56/ HK$ 3.70
SL: HK$ 3.00
2) Bosideng International Holdings Limited (HKEX: 3998)
Technical BUY range HK$ 3.30-3.40
Last: HK$ 3.44
TP: HK$ 3.55/ HK$ 3.65
SL: HK$ 3.08
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
5 January 2024
Short Term Opportunity:
1) Sino Biopharmaceutical Limited (HKEX: 1177)
Technical BUY range HK$ 3.28-3.30
Last: HK$ 3.37
TP: HK$ 3.56/ HK$ 3.70
SL: HK$ 3.00
2) Bosideng International Holdings Limited (HKEX: 3998)
Technical BUY range HK$ 3.30-3.40
Last: HK$ 3.44
TP: HK$ 3.55/ HK$ 3.65
SL: HK$ 3.08
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
8 January 2024
FBMKLCI: 1,487.61 (+10.35)
Support: 1,441, 1,416
Resistance: 1,487, 1,500
Bursa Top Gainers:
YTL (+8.3%), YTLPOWR (+7.3%), MRDIY (+3.5%)
Bursa Top Losers:
PCHEM (-1.4%), PPB (-0.96%), SIMEPLT (-0.91%)
Bursa Trade Statistics
Local Institutions (46.1%): -RM25.2m
Local Retail (26.3%): -RM103.2m
Foreign (27.6%): +RM128.4m
Global Equity Indexes
MSCI Asia : 165.97 (+0.23, +0.14%)
NASDAQ : 14,524.07 (+13.77 ,+0.09%)
S&P500 : 4,697.24 (+8.56,+0.18%)
DJIA : 37,466.11 (+25.77,+0.07%)
USD/MYR : 4.6500 (+0.005)
SGD/MYR : 3.4976 (+0.0031)
Crude Oil : $73.78 (+1.42)
Gold : $2,045.48 (+1.14)
US stocks were higher after the close on Friday, as gains in the Telecoms, Financials and Consumer Services sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average rose 0.07%, while the S&P 500 index gained 0.18%, and the NASDAQ Composite index climbed 0.09%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,528 to 1,327 and 85 ended unchanged; on the Nasdaq Stock Exchange, 1,967 fell and 1,425 advanced, while 140 ended unchanged. (Sources: Investing.com)
Stocks To Watch:
1) PWF (KLSE: 7134)
Technical BUY with +21.2% potential return
* Last: RM0.78 TP: RM0.895, RM0.945 SL: RM0.695
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) NYLEX (KLSE: 4944)
Technical BUY on breakout (RM 0.375) with +32.0% potential return
* Last: RM0.365 TP: RM0.435, RM0.495 SL: RM0.32
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) MI (KLSE: 5286)
Technical BUY with +13.8% potential return
* Last: RM1.88 TP: RM2.06, RM2.14 SL: RM1.77
* 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
8 January 2024
FBMKLCI: 1,487.61 (+10.35)
Support: 1,441, 1,416
Resistance: 1,487, 1,500
Bursa Top Gainers:
YTL (+8.3%), YTLPOWR (+7.3%), MRDIY (+3.5%)
Bursa Top Losers:
PCHEM (-1.4%), PPB (-0.96%), SIMEPLT (-0.91%)
Bursa Trade Statistics
Local Institutions (46.1%): -RM25.2m
Local Retail (26.3%): -RM103.2m
Foreign (27.6%): +RM128.4m
Global Equity Indexes
MSCI Asia : 165.97 (+0.23, +0.14%)
NASDAQ : 14,524.07 (+13.77 ,+0.09%)
S&P500 : 4,697.24 (+8.56,+0.18%)
DJIA : 37,466.11 (+25.77,+0.07%)
USD/MYR : 4.6500 (+0.005)
SGD/MYR : 3.4976 (+0.0031)
Crude Oil : $73.78 (+1.42)
Gold : $2,045.48 (+1.14)
US stocks were higher after the close on Friday, as gains in the Telecoms, Financials and Consumer Services sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average rose 0.07%, while the S&P 500 index gained 0.18%, and the NASDAQ Composite index climbed 0.09%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,528 to 1,327 and 85 ended unchanged; on the Nasdaq Stock Exchange, 1,967 fell and 1,425 advanced, while 140 ended unchanged. (Sources: Investing.com)
Stocks To Watch:
1) PWF (KLSE: 7134)
Technical BUY with +21.2% potential return
* Last: RM0.78 TP: RM0.895, RM0.945 SL: RM0.695
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) NYLEX (KLSE: 4944)
Technical BUY on breakout (RM 0.375) with +32.0% potential return
* Last: RM0.365 TP: RM0.435, RM0.495 SL: RM0.32
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) MI (KLSE: 5286)
Technical BUY with +13.8% potential return
* Last: RM1.88 TP: RM2.06, RM2.14 SL: RM1.77
* 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
8 January 2024
Short Term Opportunity:
1) Venture Corp (SGX: V03)
Technical Buy range S$13.50-13.55
Last: S$ 13.57
TP: S$ 14.89
SL: S$ 13.17
2) Hong Fok Corp (SGX: H30)
Technical Buy range S$ 0.900-0.905
Last: S$ 0.910
TP: S$ 0.970
SL: S$ 0.875
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
8 January 2024
Short Term Opportunity:
1) Venture Corp (SGX: V03)
Technical Buy range S$13.50-13.55
Last: S$ 13.57
TP: S$ 14.89
SL: S$ 13.17
2) Hong Fok Corp (SGX: H30)
Technical Buy range S$ 0.900-0.905
Last: S$ 0.910
TP: S$ 0.970
SL: S$ 0.875
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
9 January 2024
FBMKLCI: 1,495.70 (+8.09)
Support: 1,470, 1,441
Resistance: 1,500, 1,528
Bursa Top Gainers:
YTLPOWR (+6.8%), GENTING (+3.8%), GENM (+2.5%)
Bursa Top Losers:
MRDIY (-1.3%), AXIATA (-0.78%), MAXIS (-0.52%)
Bursa Trade Statistics
Local Institutions (46.4%): +RM48.6m
Local Retail (28.1%): -RM78.4m
Foreign (25.5%): +RM29.8m
Global Equity Indexes
MSCI Asia : 165.13 (-0.84, -0.51%)
NASDAQ : 14,843.77 (+319.70, +2.20%)
S&P500 : 4,763.54 (+66.30, +1.41%)
DJIA : 37,683.01 (+216.90, +0.58%)
USD/MYR : 4.6433 (-0.0067)
SGD/MYR : 3.4967 (-0.0009)
Crude Oil : $70.75 (-3.03)
Gold : $2,034.13 (-11.35)
US stocks were higher after the close on Monday, as gains in the Technology, Consumer Services and Consumer Goods sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average rose 0.58%, while the S&P 500 index added 1.41%, and the NASDAQ Composite index climbed 2.20%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 2,087 to 812 and 53 ended unchanged; on the Nasdaq Stock Exchange, 2,365 rose and 1,072 declined, while 102 ended unchanged. (Sources: Investing.com)
Stocks To Watch:
1) EFRAME (KLSE: 0227)
Technical BUY with +21.6% potential return
** Last: RM0.88 TP: RM0.97, RM1.07 SL: RM0.795
** Timeframe: 2 weeks to 2 months
** Shariah: YES
2) COASTAL (KLSE: 5071)
Technical BUY with +22.5% potential return
** Last: RM1.82 TP: RM2.08, RM2.23 SL: RM1.58
** Timeframe: 2 weeks to 2 months
** Shariah: NO
3) MELEWAR (KLSE: 3778)
Technical BUY on breakout (RM0.295) with +20.3% potential return
** Last: RM0.285 TP: RM0.335, RM0.355 SL: RM0.245
** 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
9 January 2024
FBMKLCI: 1,495.70 (+8.09)
Support: 1,470, 1,441
Resistance: 1,500, 1,528
Bursa Top Gainers:
YTLPOWR (+6.8%), GENTING (+3.8%), GENM (+2.5%)
Bursa Top Losers:
MRDIY (-1.3%), AXIATA (-0.78%), MAXIS (-0.52%)
Bursa Trade Statistics
Local Institutions (46.4%): +RM48.6m
Local Retail (28.1%): -RM78.4m
Foreign (25.5%): +RM29.8m
Global Equity Indexes
MSCI Asia : 165.13 (-0.84, -0.51%)
NASDAQ : 14,843.77 (+319.70, +2.20%)
S&P500 : 4,763.54 (+66.30, +1.41%)
DJIA : 37,683.01 (+216.90, +0.58%)
USD/MYR : 4.6433 (-0.0067)
SGD/MYR : 3.4967 (-0.0009)
Crude Oil : $70.75 (-3.03)
Gold : $2,034.13 (-11.35)
US stocks were higher after the close on Monday, as gains in the Technology, Consumer Services and Consumer Goods sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average rose 0.58%, while the S&P 500 index added 1.41%, and the NASDAQ Composite index climbed 2.20%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 2,087 to 812 and 53 ended unchanged; on the Nasdaq Stock Exchange, 2,365 rose and 1,072 declined, while 102 ended unchanged. (Sources: Investing.com)
Stocks To Watch:
1) EFRAME (KLSE: 0227)
Technical BUY with +21.6% potential return
** Last: RM0.88 TP: RM0.97, RM1.07 SL: RM0.795
** Timeframe: 2 weeks to 2 months
** Shariah: YES
2) COASTAL (KLSE: 5071)
Technical BUY with +22.5% potential return
** Last: RM1.82 TP: RM2.08, RM2.23 SL: RM1.58
** Timeframe: 2 weeks to 2 months
** Shariah: NO
3) MELEWAR (KLSE: 3778)
Technical BUY on breakout (RM0.295) with +20.3% potential return
** Last: RM0.285 TP: RM0.335, RM0.355 SL: RM0.245
** 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
9 January 2024
Short Term Opportunity:
1) SATS (SGX: S58)
Technical BUY Range S$2.77-2.78
Last: S$2.80
TP: S$3.00
SL: S$2.68
2) Singapore Exchange (SGX: S68)
Technical BUY Range S$9.75-9.77
Last: S$9.81
TP: S$10.44
SL: S$9.56
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
9 January 2024
Short Term Opportunity:
1) SATS (SGX: S58)
Technical BUY Range S$2.77-2.78
Last: S$2.80
TP: S$3.00
SL: S$2.68
2) Singapore Exchange (SGX: S68)
Technical BUY Range S$9.75-9.77
Last: S$9.81
TP: S$10.44
SL: S$9.56
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
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
9 January 2024
Short Term Opportunity:
1) HSBC Holdings PLC (HKEX: 0005)
Technical BUY Range HK$60.00-61.00
Last: HK$62.65
TP: HK$66.70/HK$70.00
SL: HK$58.60
2) VTech Holdings Limited (HKEX: 303)
Technical BUY Range HK$45.60-46.00
Last: HK$46.45
TP: HK$47.60/HK$50.00
SL: HK$44.00
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
9 January 2024
Short Term Opportunity:
1) HSBC Holdings PLC (HKEX: 0005)
Technical BUY Range HK$60.00-61.00
Last: HK$62.65
TP: HK$66.70/HK$70.00
SL: HK$58.60
2) VTech Holdings Limited (HKEX: 303)
Technical BUY Range HK$45.60-46.00
Last: HK$46.45
TP: HK$47.60/HK$50.00
SL: HK$44.00
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
Forwarded from UOB Kay Hian Malaysia (Official)
UOB Kay Hian Investment Carnival 1H24
Fundamental Analysis Masterclass
Presenters: Desmond Chong, Associate Director/ Head of Retail Research, UOB Kay Hian
🗓️: Saturday, 13 January 2024
⏰: 9.30am – 12.30pm
Language: English
Register Now :
https://bit.ly/MasterclassFA1H24TG
When markets are falling left and right and stock counters that used to be on the pricey side can now be bought, how then do you choose which counters or sectors will have better bullish potentials, fundamentally speaking? Learn about Fundamental Analysis in Stock Trading from our best FA guru to get your answers. Join this approximately 3 hours online class and learn how to apply FA tips and tricks in your daily trading. Have questions during the class? Ask away. Decide to learn something new today.
View Upcoming Events :
https://bit.ly/UOBKayHianInvestmentCarnival1H2024
Please feel free to forward this invitation. Thank you.
____
#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian
#UOBKayHianInvestmentCarnival1H24
Fundamental Analysis Masterclass
Presenters: Desmond Chong, Associate Director/ Head of Retail Research, UOB Kay Hian
🗓️: Saturday, 13 January 2024
⏰: 9.30am – 12.30pm
Language: English
Register Now :
https://bit.ly/MasterclassFA1H24TG
When markets are falling left and right and stock counters that used to be on the pricey side can now be bought, how then do you choose which counters or sectors will have better bullish potentials, fundamentally speaking? Learn about Fundamental Analysis in Stock Trading from our best FA guru to get your answers. Join this approximately 3 hours online class and learn how to apply FA tips and tricks in your daily trading. Have questions during the class? Ask away. Decide to learn something new today.
View Upcoming Events :
https://bit.ly/UOBKayHianInvestmentCarnival1H2024
Please feel free to forward this invitation. Thank you.
____
#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian
#UOBKayHianInvestmentCarnival1H24
Forwarded from UOB Kay Hian Malaysia (Official)
UOB Kay Hian Investment Carnival 1H24
Kelas Mahir Saham Dengan Kaedah Analisis Teknikal
Presenters: Fakhrul Asyraq, Investment Analyst, UOB Kay Hian
🗓️: Saturday, 13 January 2024
⏰: 2.00pm – 5.00pm
Language: Bahasa
Register Now
https://bit.ly/MasterclassTA1H24TG
Jom ikuti kelas mahir saham dengan dengan hero analisis teknikal UOB Kay Hian, saudara Mohd Fakhrul Asyraq. Kelas lebih kurang 3 jam ini akan membawa anda untuk mendalami kaedah-kaedah perdagangan saham berasaskan analisis teknikal dari prinsip teras hinggalah ke peringkat mahir.
View Upcoming Events
https://bit.ly/UOBKayHianInvestmentCarnival1H2024
Please feel free to forward this invitation. Thank you.
____
#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian
#UOBKayHianInvestmentCarnival1H24
Kelas Mahir Saham Dengan Kaedah Analisis Teknikal
Presenters: Fakhrul Asyraq, Investment Analyst, UOB Kay Hian
🗓️: Saturday, 13 January 2024
⏰: 2.00pm – 5.00pm
Language: Bahasa
Register Now
https://bit.ly/MasterclassTA1H24TG
Jom ikuti kelas mahir saham dengan dengan hero analisis teknikal UOB Kay Hian, saudara Mohd Fakhrul Asyraq. Kelas lebih kurang 3 jam ini akan membawa anda untuk mendalami kaedah-kaedah perdagangan saham berasaskan analisis teknikal dari prinsip teras hinggalah ke peringkat mahir.
View Upcoming Events
https://bit.ly/UOBKayHianInvestmentCarnival1H2024
Please feel free to forward this invitation. Thank you.
____
#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian
#UOBKayHianInvestmentCarnival1H24