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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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
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
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UOB Kay Hian Malaysia (Official)
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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
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
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 : $2,174.84 (+16.56)
US stocks were mixed after the close on Wednesday, as gains in the Oil & Gas, Basic Materials and Utilities sectors led shares higher while losses in the Technology, Healthcare and Consumer Goods sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average added 0.10%, while the S&P 500 index lost 0.19%, and the NASDAQ Composite index lost 0.54%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,728 to 1,148 and 72 ended unchanged; on the Nasdaq Stock Exchange, 1,735 fell and 1,631 advanced, while 147 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) ANCOMLB (KLSE: 0048)
Technical BUY with +34.4% potential return
* Last: RM0.16 TP: RM0.195, RM0.215 SL: RM0.115
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) FFB (KLSE: 5306)
Technical BUY with +15.5% potential return
* Last: RM1.42 TP: RM1.57, RM1.64 SL: RM1.31
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) KIMLUN (KLSE: 5171)
Technical BUY on breakout (RM0.88) with +17.0% potential return
* Last: RM0.86 TP: RM0.995, RM1.03 SL: RM0.805
* Timeframe: 2 weeks to 2 months
* Shariah: YES
Join UOB Kay Hian Malaysia's Official Telegram Channel
https://t.me/UOBKayHianMalaysia
Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.
For the full research report, please log in to www.utrade.com.my
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UOBKH Singapore Retail Market Monitor
14 March 2024
Short Term Opportunity:
1) Singapore Telecommunications (SGX: Z74)
Technical BUY range S$ 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.
For the full research report, please log in to www.utrade.com.my
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
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
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UOB Kay Hian Malaysia (Official)
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Link in bio
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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
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
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
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
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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
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
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
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
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UOB Kay Hian Malaysia (Official)
Daily local, regional and global stock trading and wealth building investment ideas.
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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
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
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
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
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Link in bio
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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
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
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
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
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👍3
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
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
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
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
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Link in bio
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Forwarded from UOB Kay Hian Malaysia (Official)
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
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
👍4
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
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
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
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
👍1
UOBKH Hong Kong Retail Market Monitor
19 March 2024
Short Term Opportunity:
1) Alibaba Health Information Technology Limited (HKEX: 241)
Technical BUY Range HK$3.40-3.50
Last: HK$3.51
TP: HK$3.90/HK$4.30
SL: HK$2.98
2) Kingboard Holdings Limited (HKEX: 148)
Technical BUY Range HK$16.00-16.20
Last: HK$16.26
TP: HK$16.80/HK$18.00
SL: HK$14.62
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
19 March 2024
Short Term Opportunity:
1) Alibaba Health Information Technology Limited (HKEX: 241)
Technical BUY Range HK$3.40-3.50
Last: HK$3.51
TP: HK$3.90/HK$4.30
SL: HK$2.98
2) Kingboard Holdings Limited (HKEX: 148)
Technical BUY Range HK$16.00-16.20
Last: HK$16.26
TP: HK$16.80/HK$18.00
SL: HK$14.62
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
👍3
Forwarded from UOB Kay Hian Malaysia (Official)
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
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
20 March 2024
FBMKLCI: 1,544.96 (-8.68)
Support: 1,521, 1,513
Resistance: 1,570, 1,586
Bursa Top Gainers:
MISC (+1.9%), PETDAG (+1.4%), AXIATA (+1.1%)
Bursa Top Losers:
CDB (-3.0%), PMETAL (-2.5%), PETGAS (-1.4%)
Bursa Trade Statistics
Local Institutions (45.1%): +RM524.3m
Local Retail (18.6%): -RM21.5m
Foreign (36.3%): -RM502.8m
Global Equity Indexes
MSCI Asia : 176.21 (+1.62, +0.93%)
NASDAQ : 16,166.79 (+63.34, +0.39%)
S&P500 : 5,178.51 (+29.09, +0.56%)
DJIA : 39,110.76 (+320.33, +0.83%)
USD/MYR : 4.7340 (+0.0100)
SGD/MYR : 3.5248 (-0.0026)
Crude Oil : $83.12 (+0.40)
Gold : $2,155.50 (-6.90)
US stocks were higher after the close on Tuesday, as gains in the Oil & Gas, Utilities and Consumer Services sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average gained 0.83%, while the S&P 500 index added 0.56%, and the NASDAQ Composite index added 0.39%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,897 to 965 and 82 ended unchanged; on the Nasdaq Stock Exchange, 1,911 rose and 1,461 declined, while 135 ended unchanged. (Source: Investing.com)
Stocks To Watch:
Stocks To Watch:
1) DXN (KLSE: 5318)
Technical BUY with +21.4% potential return
** Last: RM0.630 TP: RM0.715, RM0.765 SL: RM0.595
** Timeframe: 2 weeks to 2 months
** Shariah: YES
2) KAWAN (KLSE: 7216)
Technical BUY on breakout (RM1.86) with +12.4% potential return
** Last: RM1.83 TP: RM1.99, RM2.09 SL: RM1.77
** Timeframe: 2 weeks to 2 months
** Shariah: YES
3) LUXCHEM (KLSE: 5143)
Technical BUY with +25.5% potential return
** Last: RM0.530 TP: RM0.630, RM0.665 SL: RM0.495
** 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
20 March 2024
FBMKLCI: 1,544.96 (-8.68)
Support: 1,521, 1,513
Resistance: 1,570, 1,586
Bursa Top Gainers:
MISC (+1.9%), PETDAG (+1.4%), AXIATA (+1.1%)
Bursa Top Losers:
CDB (-3.0%), PMETAL (-2.5%), PETGAS (-1.4%)
Bursa Trade Statistics
Local Institutions (45.1%): +RM524.3m
Local Retail (18.6%): -RM21.5m
Foreign (36.3%): -RM502.8m
Global Equity Indexes
MSCI Asia : 176.21 (+1.62, +0.93%)
NASDAQ : 16,166.79 (+63.34, +0.39%)
S&P500 : 5,178.51 (+29.09, +0.56%)
DJIA : 39,110.76 (+320.33, +0.83%)
USD/MYR : 4.7340 (+0.0100)
SGD/MYR : 3.5248 (-0.0026)
Crude Oil : $83.12 (+0.40)
Gold : $2,155.50 (-6.90)
US stocks were higher after the close on Tuesday, as gains in the Oil & Gas, Utilities and Consumer Services sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average gained 0.83%, while the S&P 500 index added 0.56%, and the NASDAQ Composite index added 0.39%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,897 to 965 and 82 ended unchanged; on the Nasdaq Stock Exchange, 1,911 rose and 1,461 declined, while 135 ended unchanged. (Source: Investing.com)
Stocks To Watch:
Stocks To Watch:
1) DXN (KLSE: 5318)
Technical BUY with +21.4% potential return
** Last: RM0.630 TP: RM0.715, RM0.765 SL: RM0.595
** Timeframe: 2 weeks to 2 months
** Shariah: YES
2) KAWAN (KLSE: 7216)
Technical BUY on breakout (RM1.86) with +12.4% potential return
** Last: RM1.83 TP: RM1.99, RM2.09 SL: RM1.77
** Timeframe: 2 weeks to 2 months
** Shariah: YES
3) LUXCHEM (KLSE: 5143)
Technical BUY with +25.5% potential return
** Last: RM0.530 TP: RM0.630, RM0.665 SL: RM0.495
** 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
❤3👍1🤩1
UOBKH Hong Kong Retail Market Monitor
20 March 2024
Short Term Opportunity:
1) China Resources Beer (HKEX: 291)
Technical BUY Range HK$36.00-36.50
Last: HK$37.20
TP: HK$40.00/HK$43.90
SL: HK$31.70
2) China Telecom Corporation (HKEX: 728)
Technical BUY Range HK$3.86-3.94
Last: HK$3.94
TP: HK$4.10/HK$4.40
SL: HK$3.68
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
20 March 2024
Short Term Opportunity:
1) China Resources Beer (HKEX: 291)
Technical BUY Range HK$36.00-36.50
Last: HK$37.20
TP: HK$40.00/HK$43.90
SL: HK$31.70
2) China Telecom Corporation (HKEX: 728)
Technical BUY Range HK$3.86-3.94
Last: HK$3.94
TP: HK$4.10/HK$4.40
SL: HK$3.68
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
❤1
UOBKH Singapore Retail Market Monitor
20 March 2024
Short Term Opportunity:
1) Frencken Group (SGX: E28)
Technical BUY Range S$1.63-1.64
Last: S$1.68
TP: S$1.85
SL: S$1.58
2) Propnex (SGX: OYY)
Technical BUY Range S$0.895-0.900
Last: S$0.905
TP: S$0.970
SL: S$0.870
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
20 March 2024
Short Term Opportunity:
1) Frencken Group (SGX: E28)
Technical BUY Range S$1.63-1.64
Last: S$1.68
TP: S$1.85
SL: S$1.58
2) Propnex (SGX: OYY)
Technical BUY Range S$0.895-0.900
Last: S$0.905
TP: S$0.970
SL: S$0.870
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
❤1👍1
COURTESY REMINDER
Notice - Revision of Sales & Service Tax Rates w.e.f March 1, 2024
In accordance with the Service Tax (Rate of Tax) (Amendment) Order 2024 issued by the Malaysian Government, effective March 1, 2024, the Sales and Services Tax (SST) rates for UOB Kay Hian's existing taxable services will be revised from 6% to 8%. However, please note that the SST on securities brokerage fees for trading shares listed on Bursa Malaysia Berhad will remain exempted.
Kindly be guided accordingly. Thank you.
Notice - Revision of Sales & Service Tax Rates w.e.f March 1, 2024
In accordance with the Service Tax (Rate of Tax) (Amendment) Order 2024 issued by the Malaysian Government, effective March 1, 2024, the Sales and Services Tax (SST) rates for UOB Kay Hian's existing taxable services will be revised from 6% to 8%. However, please note that the SST on securities brokerage fees for trading shares listed on Bursa Malaysia Berhad will remain exempted.
Kindly be guided accordingly. Thank you.
❤2
COURTESY REMINDER
Notice - US Securities and Exchange Commission (SEC) Shortening Trade Settlement Cycle from T+2 to T+1 Effective 28 May 2024
Please be informed that US SEC adopted a rule amendment to shorten the standard settlement cycle for securities trades from two business days after the trade date to one business day after the trade date (from T+2 to T+1) effective 28 May 2024.
The intention of shortening the settlement cycle for US trades is mainly to reduce credit, market and liquidity risks arising from unsettled securities trades. Besides, it will also enable investors to access the proceeds from the securities transactions sooner than they are able in the current T+2 environment.
Kindly be guided accordingly. Thank you.
Notice - US Securities and Exchange Commission (SEC) Shortening Trade Settlement Cycle from T+2 to T+1 Effective 28 May 2024
Please be informed that US SEC adopted a rule amendment to shorten the standard settlement cycle for securities trades from two business days after the trade date to one business day after the trade date (from T+2 to T+1) effective 28 May 2024.
The intention of shortening the settlement cycle for US trades is mainly to reduce credit, market and liquidity risks arising from unsettled securities trades. Besides, it will also enable investors to access the proceeds from the securities transactions sooner than they are able in the current T+2 environment.
Kindly be guided accordingly. Thank you.
👍6❤1
From Gaming Into Pharmaceuticals: What's In Store For The Sector
📆 Saturday, 30 March 2024
⏰ 9:30am-11.30am
🌐 Register at https://bit.ly/StockpickMar2024TG
__
Session 1 • Gaming Sector Update
Presented by Jack Goh, Research Analyst, UOB Kay Hian Malaysia
Moving into 2Q24, the Malaysian Gaming Sector continues to ignite firecrackers with robust festivities-led consumption trend, accelerating tourist visitations and spending surge.
Are these opportunities or threats, risk or reward? How should we invest in the sector? Join us to find out!
Session 2 • Market Update and Stock Pick for March 2024
Presented by Desmond Chong, Head of Research, UOB Kay Hian Malaysia
Markets are enjoying the positive spillover of China's measures to halt the market downturn, a nearing peak in the interest rate cycle, and favorable measures from local governments. However, it's crucial to be selective as newfound optimism could be tempered by potential value traps.
__
#UOBKayHianEvents #UOBKayHianMalaysia
📆 Saturday, 30 March 2024
⏰ 9:30am-11.30am
🌐 Register at https://bit.ly/StockpickMar2024TG
__
Session 1 • Gaming Sector Update
Presented by Jack Goh, Research Analyst, UOB Kay Hian Malaysia
Moving into 2Q24, the Malaysian Gaming Sector continues to ignite firecrackers with robust festivities-led consumption trend, accelerating tourist visitations and spending surge.
Are these opportunities or threats, risk or reward? How should we invest in the sector? Join us to find out!
Session 2 • Market Update and Stock Pick for March 2024
Presented by Desmond Chong, Head of Research, UOB Kay Hian Malaysia
Markets are enjoying the positive spillover of China's measures to halt the market downturn, a nearing peak in the interest rate cycle, and favorable measures from local governments. However, it's crucial to be selective as newfound optimism could be tempered by potential value traps.
__
#UOBKayHianEvents #UOBKayHianMalaysia
❤3