UOBKH Retail Market Monitor
19 January 2024

FBMKLCI: 1,479.18 (-12.03)
Support: 1,470, 1,451
Resistance: 1,504, 1,528

Bursa Top Gainers:
QL (+1.4%), HLBANK (+0.75%), PPB (+0.69%)

Bursa Top Losers:
YTL (-8.2%), YTLPOWR (-5.6%), SIMEPLT (-1.8%)

Bursa Trade Statistics
Local Institutions (45.5%): +RM222.1m
Local Retail (23.3%): -RM32.1m
Foreign (31.3%): -RM190.0m

Global Equity Indexes
MSCI Asia : 162.07 (+0.33, +0.20%)
NASDAQ : 15,055.65 (+200.03, +1.35%)
S&P500 : 4,780.94 (+41.73, +0.88%)
DJIA : 37,468.61 (+201.94, +0.54%)

USD/MYR : 4.7150 (-0.0040)
SGD/MYR : 3.5092 (-0.0026)

Crude Oil : $74.00 (+1.14)
Gold : $2,023.14 (+13.62)

US stocks were higher after the close on Thursday, as gains in the Technology, Industrials and Consumer Services sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average added 0.54%, while the S&P 500 index gained 0.88%, and the NASDAQ Composite index added 1.35%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,604 to 1,272 and 62 ended unchanged; on the Nasdaq Stock Exchange, 1,716 rose and 1,694 declined, while 114 ended unchanged. (Sources: Investing.com)


Stocks To Watch:

1) ASTRO (KLSE: 6399)
Technical BUY with +32.9% potential return
* Last: RM0.41 TP: RM0.495, RM0.545 SL: RM0.345
* Timeframe: 2 weeks to 2 months
* Shariah: NO

2) GUOCO (KLSE: 1503)
Technical BUY on breakout (RM0.745) with +22.8% potential return
* Last: RM0.73 TP: RM0.87, RM0.915 SL: RM0.68
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) HSPLANT (KLSE: 5138)
Technical BUY with +9.1% potential return
* Last: RM0.1.87 TP: RM1.98, RM2.04 SL: RM1.76
* 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
19 January 2024

#TradingIdea #UOBKayHian

UOBKH Singapore Retail Market Monitor
19 January 2024

Short Term Opportunity:
1) SATS (SGX: S58)
Technical BUY range S$ 2.77-2.78
Last: S$ 2.86
TP: S$ 3.00
SL: S$ 2.68

2) Jiutian Chemical Group (SGX: C8R)
Technical BUY range S$ 0.027-0.028
Last: S$ 0.028
TP: S$ 0.033
SL: S$ 0.026


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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
19 January 2024

Short Term Opportunity:
1) CSPC Pharmaceutical Group Limited (HKEX: 1093)
Technical BUY range HK$5.90-6.00
Last: HK$ 6.09
TP: HK$ 6.37/ HK$ 6.85
SL: HK$ 5.50

2) Sands China Ltd. (HKEX: 1928)
Technical BUY range HK$20.00-20.95
Last: HK$ 20.95
TP: HK$ 22.00/ HK$ 23.70
SL: HK$ 18.86

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

UOB Kay Hian Investment Carnival 1H24

Malaysia Market Outlook 1H24

Presenters: Vincent Khoo, Managing Director, Strategy, UOB Kay Hian

🗓️: Friday, 19 January 2024
⏰: 6.00pm – 7.30pm
Language: English

Register Now
https://bit.ly/MYMarketOutlook1H24TG

We advocate a risk-on strategy in 1H24 as Malaysian equities offer moderate prospective gains in 1H24, as expectations of a globally falling interest cycle override the possibility of the US economy slipping into recession. Prominent investment themes include cyclical recovery of global semiconductor demand (4Q23), Iskandar 2.0, and China’s economic recovery. Our end-24 FBMKLCI target of 1,605 implies 14.9x 2024 earnings or -1.0SD to the historical mean PE

View Upcoming Events
https://bit.ly/UOBKayHianInvestmentCarnival1H2024

Please feel free to forward this invitation. Thank you.
____

#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian
#UOBKayHianInvestmentCarnival1H24

UOBKH Retail Market Monitor
22 January 2024

FBMKLCI: 1,486.37 (+7.19)
Support: 1,470, 1,451
Resistance: 1,504, 1,528

Bursa Top Gainers:
YTL (+2.3%), PETDAG (+1.5%), MRDIY (+1.4%)

Bursa Top Losers:
GENTING (-0.64%), PMETAL (-0.62%), MISC (-0.55%)

Bursa Trade Statistics
Local Institutions (23.6%): -RM38.1m
Local Retail (43.3%): -RM15.4m
Foreign (33.1%): +RM53.5m

Global Equity Indexes
MSCI Asia : 163.78 (+1.71, +1.06%)
NASDAQ : 15,310.97 (+255.32, +1.70%)
S&P500 : 4,839.81 (+58.87, +1.23%)
DJIA : 37,863.80 (+395.19, +1.05%)

USD/MYR : 4.7165 (-0.0020)
SGD/MYR : 3.5177 (-0.0019)

Crude Oil : $ 73.57 (-0.43)
Gold : $ 2,026.70 (+3.56)

US stocks were higher after the close on Friday, as gains in the Technology, Financials and Telecoms sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average gained 1.05% to hit a new all-time high, while the S&P 500 index climbed 1.23%, and the NASDAQ Composite index climbed 1.70%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,915 to 943 and 87 ended unchanged; on the Nasdaq Stock Exchange, 2,054 rose and 1,370 declined, while 112 ended unchanged. (Sources: Investing.com)

Stocks To Watch:
1) ATECH (KLSE: 5302)
Technical BUY with +20.6% potential return
* Last: RM2.77 TP: RM3.12, RM3.34 SL: RM2.58
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) D&O (KLSE: 7204)
Technical BUY with +17.3% potential return
* Last: RM3.53 TP: RM3.92, RM4.14 SL: RM3.16
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) MAGNI (KLSE: 7087)
Technical BUY on breakout (RM1.92) with +8.9% potential return
* Last: RM1.89 TP: RM2.04, RM2.09 SL: RM1.79
* 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.

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

UOBKH Malaysia Trading Idea
22 January 2024

#TradingIdea #UOBKayHian

UOBKH Singapore Retail Market Monitor
22 January 2024

Short Term Opportunity:
1) Yangzijiang Shipbuilding (SGX: BS6)
Trading Buy range: S$1.57-1.58
Last: S$1.64
TP: S$1.74
SL: S$1.52

2) Propnex (SGX: OYY)
Trading Buy range: S$0.875-0.880
Last: S$0.905
TP: S$0.970
SL: S$0.850

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
23 January 2024

#TradingIdea #UOBKayHian

UOBKH Retail Market Monitor
23 January 2024

FBMKLCI: 1,491.19 (+4.82)
Support: 1,470, 1,451
Resistance: 1,504, 1,528

Bursa Top Gainers:
AXIATA (+5.5%), YTLPOWR (+5.3%), YTL (+5.0%)

Bursa Top Losers:
MRDIY (-1.1%), PCHEM (-1.0%), SIMEPLT (-0.90%)

Bursa Trade Statistics
Local Institutions (23.5%): -RM50.5m
Local Retail (43.6%): -RM77.4m
Foreign (32.9%): +RM127.9m

Global Equity Indexes
MSCI Asia : 164.08 (+0.30, +0.18%)
NASDAQ : 15,360.29 (+49.32, +0.32%)
S&P500 : 4,850.43 (+10.62, +0.22%)
DJIA : 38,001.81 (+138.01, +0.36%)

USD/MYR : 4.7310 (+0.0002)
SGD/MYR : 3.5246 (-0.0029)

Crude Oil : $ 75.19 (+1.62)
Gold : $ 2,022.09 (-4.61)

US stocks were higher after the close on Monday, as gains in the Industrials, Telecoms and Financials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average added 0.36% to hit a new all-time high, while the S&P 500 index climbed 0.22%, and the NASDAQ Composite index climbed 0.32%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 2,125 to 756 and 69 ended unchanged; on the Nasdaq Stock Exchange, 2,384 rose and 1,090 declined, while 83 ended unchanged. (Sources: Investing.com)

Stocks To Watch:
1) WELLCAL (KLSE: 7231)
Technical BUY with +9.9% potential return
* Last: RM1.72 TP: RM1.84, RM1.89 SL: RM1.57
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) FPGROUP (KLSE: 5277)
Technical BUY on breakout (RM0.425) with +21.2% potential return
* Last: RM0.415 TP: RM0.475, RM0.515 SL: RM0.39
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) MAHSING (KLSE: 8583)
Technical BUY with 16.2% potential return
* Last: RM0.895 TP: RM0.995, RM1.04 SL: RM0.795
* 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.

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

UOBKH Hong Kong Retail Market Monitor
23 January 2024

Short Term Opportunity:
1) China Mengniu Dairy Company Limited (HKEX: 2319)
Technical BUY Range HK$16.00-16.10
Last: HK$16.32
TP: HK$17.26/HK$18.20
SL: HK$15.00
2) Semiconductor Manufacturing International Corporation (HKEX: 981)
Technical BUY Range HK$20.00-20.95
Last: HK$20.95
TP: HK$22.00/HK$23.70
SL: HK$18.86

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

Did Trump Cause The China Stock Market Crash? 🇺🇲

Uncover the financial ripple effects of U.S. Elections 2024 in this video. We explore whether elections impact the stock market and dig into the reasons behind the recent stock market crash. Additionally, stay tuned for insights on the New Hampshire primary outcome, with early predictions favouring Donald Trump. 📈🌏

Click the link to watch: https://fb.watch/pJZl3NZoAy/

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👉 UTRADE Singapore

UOBKH Retail Market Monitor
24 January 2024

FBMKLCI: 1,496.11 (+4.92)
Support: 1,470, 1,451
Resistance: 1,504, 1,528

Bursa Top Gainers:
MRDIY (+2.1%), YTL (+1.3%), MISC (+1.2%)

Bursa Top Losers:
AXIATA (-1.5%), YTLPOWR (-1.3%), SIMEPLT (-0.91%)

Bursa Trade Statistics
Local Institutions (46.7%): +RM21.0m
Local Retail (24.4%): +RM45.6m
Foreign (28.9%): -RM66.6m

Global Equity Indexes
MSCI Asia : 164.46 (+0.38, +0.23%)
NASDAQ : 15,425.94 (+65.65, +0.43%)
S&P500 : 4,864.60 (+14.17, +0.29%)
DJIA : 37,905.45 (-96.36, -0.25%)

USD/MYR : 4.7280 (+0.0003)
SGD/MYR : 3.5258 (-0.0036)

Crude Oil : $ 74.47 (-0.72)
Gold : $ 2,027.78 (+5.69)

US stocks were mixed after the close on Tuesday, as gains in the Telecoms, Consumer Goods and Basic Materials sectors led shares higher while losses in the Industrials, Financials and Healthcare sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average fell 0.25%, while the S&P 500 index climbed 0.29%, and the NASDAQ Composite index gained 0.43%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1,439 to 1,394 and 95 ended unchanged; on the Nasdaq Stock Exchange, 1,762 fell and 1,654 advanced, while 126 ended unchanged. (Source: Investing.com)

Stocks To Watch:
1) PECCA (KLSE: 5271)
Technical BUY with +16.9% potential return
* Last: RM1.36 TP: RM1.49, RM1.59 SL: RM1.24
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) CAB (KLSE: 7174)
Technical BUY with +24.3% potential return
* Last: RM0.72 TP: RM0.855, RM0.895 SL: RM0.67
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) LBS (KLSE: 5789)
Technical BUY with 17.8% potential return
* Last: RM0.645 TP: RM0.72, RM0.76 SL: RM0.58
* 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 Malaysia Trading Idea
24 January 2024

#TradingIdea #UOBKayHian

UOBKH Hong Kong Retail Market Monitor
24 January 2024

Short Term Opportunity:
1) Sunny Optical Technology (Group) Company Limited (HKEX: 2382)
Technical BUY Range HK$55.00-56.55
Last: HK$56.55
TP: HK$60.00/HK$64.00
SL: HK$50.00
2) Anta Sports Products Limited (HKEX: 2020)
Technical BUY Range HK$65.00-66.00
Last: HK$66.85
TP: HK$70.00/HK$75.00
SL: HK$63.55

Join UOB Kay Hian Malaysia's Official Telegram Channel
https://t.me/UOBKayHianMalaysia

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

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

LIVE WEBINAR

Fundamental Analysis in Stock Trading

Presented by Desmond Chong
Associate Director / Head of Retail Research, UOB Kay Hian


📅 Tuesday, 6 February 2024
⏰ 6.00pm – 8.00pm

Talk is in English and open to public.

REGISTER NOW!
https://attendee.gotowebinar.com/register/88190064358570069

#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian

S&P 500 Is At An All Time High! 💹

Join Paul DeVierno as he explains why U.S. stocks are rising alongside increasing bond yields. He covers the market's response to initial earnings and previews the impact of upcoming inflation data this Friday. Stay informed!

Click the link to watch: https://fb.watch/pMA1WxQQN1/

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UOBKH Retail Market Monitor
26 January 2024

FBMKLCI: 1,504.10 (+7.99)
Support: 1,470, 1,451
Resistance: 1,504, 1,528

Bursa Top Gainers:
YTLPOWR (+4.3%), YTL (+2.2%), PMETAL (+1.7%)

Bursa Top Losers:
MRDIY (-2.1%), HLFG (-0.73%), PCHEM (-0.59%)

Bursa Trade Statistics
Local Institutions (47.15%): -RM105.0m
Local Retail (24.80%): -RM66.0m
Foreign (28.04%): +RM170.0m

Global Equity Indexes
MSCI Asia : 166.56 (+0.48, +0.29%)
NASDAQ : 15,510.50 (+28.58 ,+0.18%)
S&P500 : 4,894.16 (+25.61,+0.53%)
DJIA : 38,049.13 (+242.74,+0.64%)

USD/MYR : 4.7355 (+0.0075)
SGD/MYR : 3.5321 (+0.0063)

Crude Oil : $77.06 (+2.59)
Gold : $2,020.40 (-7.38)

U.S. stocks were higher after the close on Thursday, as gains in the Telecoms, Oil & Gas and Utilities sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average rose 0.64% to hit a new all time high, while the S&P 500 index gained 0.53%, and the NASDAQ Composite index added 0.18%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 2165 to 700 and 82 ended unchanged; on the Nasdaq Stock Exchange, 1968 rose and 1422 declined, while 144 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) TAANN (KLSE: 5012)
Technical BUY with +12.6% potential return
* Last: RM3.72 TP: RM4.06, RM4.19 SL: RM3.53
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) SAMAIDEN (KLSE: 0223)
Technical BUY with +15.8% potential return
* Last: RM1.20 TP: RM1.34, RM1.39 SL: RM1.04
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) SYGROUP (KLSE: 5173)
Technical BUY with +18.2% potential return
* Last: RM0.66 TP: RM0.725, RM0.78 SL: RM0.605
* 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