UOBKH Retail Market Monitor
11 March 2024

FBMKLCI: 1,539.86 (+4.03)
Support: 1,521, 1,513
Resistance: 1,570, 1,586

Bursa Top Gainers:
AMBANK (+4.6%), CIMB (+2.0%), SIMEPLT (+1.6%)

Bursa Top Losers:
YTLPOWR (-4.2%), YTL (-3.5%), PCHEM (-1.9%)

Bursa Trade Statistics
Local Institutions (41.8%): +RM83.1m
Local Retail (20.4%): -RM5.0m
Foreign (37.8%): -RM78.1m

Global Equity Indexes
MSCI Asia : 177.78 (+1.80, +1.02%)
NASDAQ : 16,085.11 (-188.27, -1.16%)
S&P500 : 5,123.69 (-33.67, -0.65%)
DJIA : 38,722.69 (-68.66, -0.18%)

USD/MYR : 4.6835 (-0.0217)
SGD/MYR : 3.5184 (-0.0039)

Crude Oil : $77.75 (-0.26)
Gold : $2,181.59 (+2.64)

US stocks were higher after the close on Thursday, as gains in the Oil & Gas, Consumer Services and Consumer Goods sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average rose 0.13% to hit a new all time high, while the S&P 500 index gained 0.06%, and the NASDAQ Composite index climbed 0.24%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,699 to 1,156 and 80 ended unchanged; on the Nasdaq Stock Exchange, 2,134 rose and 1,258 declined, while 132 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) AZRB (KLSE: 7078)
Technical BUY on breakout (RM0.21) with +47.6% potential return
* Last: RM0.205 TP: RM0.265, RM0.34 SL: RM0.175
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) CENSOF (KLSE: 5195)
Technical BUY with +26.5% potential return
* Last: RM0.245 TP: RM0.285, RM0.31 SL: RM0.195
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) REXIT (KLSE: 0106)
Technical BUY with +22.8% potential return
* Last: RM1.01 TP: RM1.19, RM1.24 SL: RM0.91
* Timeframe: 2 weeks to 2 months
* Shariah: NO

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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 Singapore Retail Market Monitor
11 March 2024

Short Term Opportunity:
1) Oversea-Chinese Banking Corp (SGX: O39)
Technical BUY range S$ 13.10-13.12
Last: S$ 13.18
TP: S$ 14.00
SL: S$ 12.84

2) Propnex (SGX: OYY)
Technical BUY range S$ 0.880-0.885
Last: S$ 0.890
TP: S$ 0.970
SL: S$ 0.850


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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
12 March 2024

FBMKLCI: 1,544.71 (+4.85)
Support: 1,521, 1,513
Resistance: 1,570, 1,586

Bursa Top Gainers:
GENTING (+3.0%), CDB (+1.9%), PMETAL (+1.8%)

Bursa Top Losers:
AMBANK (-3.6%), PPB (-1.2%), NESTLE (-1.2%)

Bursa Trade Statistics
Local Institutions (41.0%): +RM127.3m
Local Retail (21.2%): -RM35.3m
Foreign (37.8%): -RM91.9m

Global Equity Indexes
MSCI Asia : 177.78 (+1.80, +1.02%)
NASDAQ : 16,019.27 (-65.84, -0.41%)
S&P500 : 5,117.94 (-5.75, -0.11%)
DJIA : 38,769.66 (-46.97, +0.12%)

USD/MYR : 4.6760 (-0.0075)
SGD/MYR : 3.5152 (-0.0032)

Crude Oil : $78.10 (+0.35)
Gold : $2,183.72 (+2.13)

US stocks were mixed after the close on Monday, as gains in the Basic Materials, Telecoms and Oil & Gas sectors led shares higher while losses in the Consumer Services, Industrials and Technology sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average added 0.12%, while the S&P 500 index fell 0.11%, and the NASDAQ Composite index fell 0.41%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,441 to 1,426 and 77 ended unchanged; on the Nasdaq Stock Exchange, 2,044 fell and 1,374 advanced, while 107 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) YBS (KLSE: 0025)
Technical BUY with +24.3% potential return
* Last: RM0.76 TP: RM0.895, RM0.945 SL: RM0.695
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) SYMLIFE (KLSE: 1538)
Technical BUY with +29.0% potential return
* Last: RM0.345 TP: RM0.395, RM0.445 SL: RM0.29
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) YONGTAI (KLSE: 7066)
Technical BUY with +43.6% potential return
* Last: RM0.275 TP: RM0.345, RM0.395 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 Singapore Retail Market Monitor
12 March 2024

Short Term Opportunity:
1) Raffles Medical Group (SGX: BSL)
Technical BUY range S$ 1.01-1.02
Last: S$ 1.05
TP: S$ 1.10
SL: S$ 0.98

2) Frencken Group (SGX: E28)
Technical SELL range S$ 1.69-1.70
Last: S$ 1.66
TP: S$ 1.54
SL: S$ 1.75


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UOBKH Hong Kong Retail Market Monitor
12 March 2024

Short Term Opportunity:
1) GDS Holdings Limited (HKEX: 9698)
Technical BUY range HK$7.00-7.40
Last: HK$ 7.48
TP: HK$ 8.10/ HK$ 9.00
SL: HK$ 6.00

2) Haidilao International Holding Ltd. (HKEX: 6862)
Technical BUY range HK$14.00-14.50
Last: HK$ 14.68
TP: HK$ 15.20/ HK$ 16.50
SL: HK$ 13.50

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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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LIVE WEBINAR

Fundamental Analysis in Stock Trading

Presented by Jack Goh
Research Analyst, UOB Kay Hian


📅 Tuesday, 19 March 2024
⏰ 6.00pm – 8.00pm

Talk is in English and open to public.

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UOBKH Retail Market Monitor
13 March 2024

FBMKLCI: 1,554.56 (+9.85)
Support: 1,521, 1,513
Resistance: 1,570, 1,586

Bursa Top Gainers:
AXIATA (+2.8%), TM (+2.7%), MAXIS (+2.3%)

Bursa Top Losers:
GENTING (-1.6%), MRDIY (-1.3%), YTLPOWR (-0.27%)

Bursa Trade Statistics
Local Institutions (40.2%): -RM24.0m
Local Retail (20.1%): -RM22.5m
Foreign (39.7%): +RM46.5m

Global Equity Indexes
MSCI Asia : 176.26 (-1.52, -0.86%)
NASDAQ : 16,265.64 (+246.37, +1.54%)
S&P500 : 5,175.27 (+57.33, +1.12%)
DJIA : 39,005.49 (+235.83, +0.61%)

USD/MYR : 4.6840 (+0.0080)
SGD/MYR : 3.5163 (+0.0011)

Crude Oil : $77.98 (-0.12)
Gold : $2,158.28 (-25.44)

US stocks were higher after the close on Tuesday, as gains in the Technology, Consumer Services and Industrials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average gained 0.61%, while the S&P 500 index added 1.12%, and the NASDAQ Composite index climbed 1.54%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,571 to 1,311 and 70 ended unchanged; on the Nasdaq Stock Exchange, 1,935 fell and 1,457 advanced, while 123 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) COMFORT (KLSE: 2127)
Technical BUY on breakout (RM0.425) with +28.2% potential return
* Last: RM0.42 TP: RM0.51, RM0.545 SL: RM0.38
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) EATECH (KLSE: 5259)
Technical BUY with +39.3% potential return
* Last: RM0.28 TP: RM0.34, RM0.39 SL: RM0.235
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) EFORCE (KLSE: 0065)
Technical BUY on breakout (RM0.385) with +41.6% potential return
* Last: RM0.37 TP: RM0.425, RM0.545 SL: RM0.34
* 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 Singapore Retail Market Monitor
13 March 2024

Short Term Opportunity:
1) Yoma Strategic Holdings (SGX: Z59)
Technical BUY range S$ 0.048-0.049
Last: S$ 0.050
TP: S$ 0.052
SL: S$ 0.046

2) Thai Beverage (SGX: Y92)
Technical BUY range S$ 0.495-0.500
Last: S$ 0.505
TP: S$ 0.535
SL: S$ 0.485


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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 Hong Kong Retail Market Monitor
13 March 2024

Short Term Opportunity:
1) Tencent Holdings Limited (HKEX: 700)
Technical BUY range HK$283.00-290.00
Last: HK$ 290.80
TP: HK$ 300.00/ HK$ 317.00
SL: HK$ 265.00

2) ANTA Sports Products Limited (HKEX: 2020)
Technical BUY range HK$78.00-79.00
Last: HK$ 79.50
TP: HK$ 85.00/ HK$ 90.00
SL: HK$ 72.00

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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
14 March 2024

FBMKLCI: 1,538.13 (-16.43)
Support: 1,521, 1,513
Resistance: 1,570, 1,586

Bursa Top Gainers:
MAYBANK (+1.1%), MISC (+0.54%), TENAGA (+0.52%)

Bursa Top Losers:
MAXIS (-2.5%), PPB (-2.5%), IOICORP (-2.2%)

Bursa Trade Statistics
Local Institutions (42.2%): +RM113.8m
Local Retail (20.9%): -RM9.6m
Foreign (36.9%): -RM104.2m

Global Equity Indexes
MSCI Asia : 176.71 (+0.45, +0.26%)
NASDAQ : 16,177.77 (-87.87, -0.54%)
S&P500 : 5,165.31 (-9.96, -0.19%)
DJIA : 39,043.32 (+37.83, +0.10%)

USD/MYR : 4.6838 (-0.0002)
SGD/MYR : 3.5165 (+0.0002)

Crude Oil : $79.68 (+1.70)
Gold : $2,174.84 (+16.56)

US stocks were mixed after the close on Wednesday, as gains in the Oil & Gas, Basic Materials and Utilities sectors led shares higher while losses in the Technology, Healthcare and Consumer Goods sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average added 0.10%, while the S&P 500 index lost 0.19%, and the NASDAQ Composite index lost 0.54%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,728 to 1,148 and 72 ended unchanged; on the Nasdaq Stock Exchange, 1,735 fell and 1,631 advanced, while 147 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) ANCOMLB (KLSE: 0048)
Technical BUY with +34.4% potential return
* Last: RM0.16 TP: RM0.195, RM0.215 SL: RM0.115
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) FFB (KLSE: 5306)
Technical BUY with +15.5% potential return
* Last: RM1.42 TP: RM1.57, RM1.64 SL: RM1.31
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) KIMLUN (KLSE: 5171)
Technical BUY on breakout (RM0.88) with +17.0% potential return
* Last: RM0.86 TP: RM0.995, RM1.03 SL: RM0.805
* Timeframe: 2 weeks to 2 months
* Shariah: YES

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Disclaimer:
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UOBKH Singapore Retail Market Monitor
14 March 2024

Short Term Opportunity:
1) Singapore Telecommunications (SGX: Z74)
Technical BUY range S$ 2.37-2.38
Last: S$ 2.48
TP: S$ 2.54
SL: S$ 2.34

2) City Developments (SGX: C09)
Technical SELL range S$ 5.98-6.00
Last: S$ 5.94
TP: S$ 5.59
SL: S$ 6.09


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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 Hong Kong Retail Market Monitor
14 March 2024

Short Term Opportunity:
1) China Resources Land Limited (HKEX: 1109)
Technical BUY range HK$23.50-24.00
Last: HK$ 24.60
TP: HK$ 25.50/ HK$ 26.60
SL: HK$ 23.00

2) Cathay Pacific Airways Limited (HKEX: 293)
Technical BUY range HK$23.50-24.00
Last: HK$ 24.60
TP: HK$ 25.50/ HK$ 26.60
SL: HK$ 23.00

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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
15 March 2024

FBMKLCI: 1,543.75 (+5.62)
Support: 1,521, 1,513
Resistance: 1,570, 1,586

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

Bursa Top Losers:
YTLPOWR (1.9%), IHH (-0.49%), RHBBANK (-0.18%)

Bursa Trade Statistics
Local Institutions (42.2%): +RM114.6m
Local Retail (20.5%): -RM4.9m
Foreign (37.3%): -RM109.7m

Global Equity Indexes
MSCI Asia : 176.25 (-0.46, -0.26%)
NASDAQ : 16,128.53 (-49.24, -0.30%)
S&P500 : 5,150.48 (-14.83, -0.29%)
DJIA : 38,905.66 (-137.66, -0.35%)

USD/MYR : 4.7050 (0.0212)
SGD/MYR : 3.5173 (+0.0008)

Crude Oil : $81.06 (+1.38)
Gold : $2,161.35 (-13.49)

US stocks were lower after the close on Thursday, as losses in the Consumer Goods, Telecoms and Financials sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average declined 0.35%, while the S&P 500 index declined 0.29%, and the NASDAQ Composite index fell 0.30%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2,241 to 648 and 53 ended unchanged; on the Nasdaq Stock Exchange, 2,575 fell and 838 advanced, while 90 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) COSMOS (KLSE: 0261)
Technical BUY with +31.8% potential return
* Last: RM0.535 TP: RM0.645, RM0.705 SL: RM0.44
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) ELSOFT (KLSE: 0090)
Technical BUY with +15.9% potential return
* Last: RM0.535 TP: RM0.58, RM0.62 SL: RM0.495
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) EPMB (KLSE: 7773)
Technical BUY on breakout (RM0.72) with +32.6% potential return
* Last: RM0.675 TP: RM0.895, RM0.955 SL: RM0.63
* 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 Hong Kong Retail Market Monitor
15 March 2024

Short Term Opportunity:
1) China Overseas Land & Investment Ltd. (HKEX: 688)
Technical BUY range HK$11.00-11.30
Last: HK$ 11.34
TP: HK$ 11.80/ HK$ 12.54
SL: HK$ 10.50

2) Wynn Macau, Limited (HKEX: 1128)
Technical BUY range HK$6.80-6.95
Last: HK$ 6.99
TP: HK$ 7.25/ HK$ 7.51
SL: HK$ 6.50

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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
18 March 2024

FBMKLCI: 1,552.83 (+9.08)
Support: 1,521, 1,513
Resistance: 1,570, 1,586

Bursa Top Gainers:
TM (+8.5%), YTL (+3.6%), CDB (+2.8%)

Bursa Top Losers:
MRDIY (-1.3%), SIMEPLT (-1.1%), QL (-1.0%)

Bursa Trade Statistics
Local Institutions (29.5%): +RM244.1m
Local Retail (12.0%): -RM88.4m
Foreign (58.5%): -RM155.7m

Global Equity Indexes
MSCI Asia : 174.59 (-1.79, -1.01%)
NASDAQ : 15,973.17 (-155.36, -0.96%)
S&P500 : 5,117.09 (-33.39, -0.65%)
DJIA : 38,714.77 (-190.89, -0.49%)

USD/MYR : 4.7100 (+0.0050)
SGD/MYR : 3.5194 (+0.0021)

Crude Oil : $81.01 (-0.05)
Gold : $2,155.38 (-5.97)

US stocks were lower after the close on Friday, as losses in the Technology, Consumer Services and Telecoms sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average declined 0.49%, while the S&P 500 index fell 0.65%, and the NASDAQ Composite index fell 0.96%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,598 to 1,239 and 98 ended unchanged; on the Nasdaq Stock Exchange, 1,842 rose and 1,544 declined, while 109 ended unchanged. (Source: Investing.com)

Stocks To Watch:
1) CATCHA (KLSE: 0173)
Technical BUY with +43.5% potential return
** Last: RM0.310 TP: RM0.410, RM0.445 SL: RM0.265
** Timeframe: 2 weeks to 2 months
** Shariah: NO

2) HIGHTEC (KLSE: 7033)
Technical BUY with +21.7% potential return
** Last: RM0.92 TP: RM1.03, RM1.12 SL: RM0.855
** Timeframe: 2 weeks to 2 months
** Shariah: YES

3) AGMO (KLSE: 0258)
Technical BUY on breakout (RM0.495) with +25.3% potential return
** Last: RM0.480 TP: RM0.570, RM0.620 SL: RM0.435
** 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 Singapore Retail Market Monitor
18 March 2024

Short Term Opportunity:
1) Sia Engineering Co (SGX: S59)
Technical BUY Range S$2.29-2.30
Last: S$2.31
TP: S$2.42
SL: S$2.25

2) Wilmar International (SGX: F34)
Technical BUY Range S$3.35-3.36
Last: S$3.39
TP: S$3.59
SL: S$3.28


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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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LIVE WEBINAR

Fundamental Analysis in Stock Trading

Presented by Jack Goh
Research Analyst, UOB Kay Hian


📅 Tuesday, 19 March 2024
⏰ 6.00pm – 8.00pm

Talk is in English and open to public.

REGISTER NOW!
https://attendee.gotowebinar.com/register/7475873562571808345

#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian

UOBKH Retail Market Monitor
19 March 2024

FBMKLCI: 1,553.64 (+0.81)
Support: 1,521, 1,513
Resistance: 1,570, 1,586

Bursa Top Gainers:
YTLPOWR (+6.5%), YTL (+5.4%), MRDIY (+1.4%)

Bursa Top Losers:
TM (-7.4%), AXIATA (-1.4%), MAXIS (-1.4%)

Bursa Trade Statistics
Local Institutions (43.5%): +RM293.1m
Local Retail (20.9%): -RM45.1m
Foreign (35.6%): -RM247.9m

Global Equity Indexes
MSCI Asia : 174.59 (-1.79, -1.01%)
NASDAQ : 16,103.45 (+130.28, +0.82%)
S&P500 : 5,149.42 (+32.33, +0.63%)
DJIA : 38,790.43 (+75.66, +0.20%)

USD/MYR : 4.7240 (+0.0140)
SGD/MYR : 3.5274 (+0.0080)

Crude Oil : $82.72 (+1.71)
Gold : $2,162.40 (+7.02)

US stocks were higher after the close on Monday, as gains in the Consumer Goods, Technology and Telecoms sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average gained 0.20%, while the S&P 500 index gained 0.63%, and the NASDAQ Composite index climbed 0.82%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,442 to 1,427 and 80 ended unchanged; on the Nasdaq Stock Exchange, 1,995 fell and 1,418 advanced, while 113 ended unchanged. (Source: Investing.com)

Stocks To Watch:
Stocks To Watch:
1) BJFOOD (KLSE: 5196)
Technical BUY on breakout (RM0.570) with +16.7% potential return
** Last: RM0.555 TP: RM0.630, RM0.665 SL: RM0.515
** Timeframe: 2 weeks to 2 months
** Shariah: YES

2) CORAZA (KLSE: 0240)
Technical BUY with +25.3% potential return
** Last: RM0.475 TP: RM0.545, RM0.595 SL: RM0.415
** Timeframe: 2 weeks to 2 months
** Shariah: YES

3) HPMT (KLSE: 5291)
Technical BUY with +24.2% potential return
** Last: RM0.330 TP: RM0.390, RM0.410 SL: RM0.310
** Timeframe: 2 weeks to 2 months
** Shariah: YES

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