UOBKH Retail Market Monitor
7 May 2024

FBMKLCI: 1,596.80 (+7.21)
Support: 1,560, 1,532
Resistance: 1,600, 1,614

Bursa Top Gainers:
YTLPOWR (+2.5%), YTL (+2.5%), PBBANK (+1.9%)

Bursa Top Losers:
SIME (-1.7%), IOICORP (-1.5%), AXIATA (-1.0%)

Bursa Trade Statistics
Local Institutions (46.84%): -RM139.71m
Local Retail (23.43%): -RM109.72m
Foreign (29.73%): +RM249.44m

Global Equity Indexes
MSCI Asia : 177.55 (+1.67, +0.95%)
NASDAQ : 16,349.25 (+192.92, +1.19%)
S&P500 : 5,180.74 (+52.95, +1.03%)
DJIA : 38,852.27 (+176.59, +0.46%)

USD/MYR : 4.7430 (+0.0037)
SGD/MYR : 3.5093 (-0.0004)

Crude Oil : $78.88 (+0.62)
Gold : $2,326.96 (+33.31)

US stocks were higher after the close on Monday, as gains in the Technology, Consumer Services and Financials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average rose 0.46%, while the S&P 500 index added 1.03%, and the NASDAQ Composite index climbed 1.19%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 2,187 to 677 and 62 ended unchanged; on the Nasdaq Stock Exchange, 2,035 rose and 1,326 declined, while 127 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) BIG (KLSE: 7005)
Technical BUY with +18.8% potential return
* Last: RM0.69 TP: RM0.77, RM0.82 SL: RM0.645
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) EMCC (KLSE: 0286)
Technical BUY on breakout (RM0.505) with +27.7% potential return
* Last: RM0.49 TP: RM0.595, RM0.645 SL: RM0.445
* Timeframe: 2 weeks to 2 months
* Shariah: NO

3) JHM (KLSE: 0127)
Technical BUY with +20.6% potential return
* Last: RM0.63 TP: RM0.69, RM0.76 SL: RM0.545
* 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
7 May 2024

#TradingIdea #UOBKayHian #UOBKayHianMalaysia

UOBKH Singapore Retail Market Monitor
7 May 2024

Short Term Opportunity:
1) Keppel DC REIT (SGX: AJBU)
Technical BUY range S$ 1.71-1.72
Last: S$ 1.73
TP: S$ 1.89
SL: S$ 1.66

2) Yangzijiang Financial Holding (SGX: YF8)
Technical BUY range S$ 0.315-0.320
Last: S$ 0.325
TP: S$ 0.345
SL: S$ 0.310


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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
7 May 2024

Short Term Opportunity:
1) Techtronic Industries Company Limited (HKEX: 669)
Technical BUY range HK$110.80-112.80
Last: HK$ 109.50
TP: HK$ 116.00/ HK$ 123.20
SL: HK$ 106.00

2) Prudential plc (HKEX: 2378)
Technical BUY range HK$75.80-77.50
Last: HK$ 74.30
TP: HK$ 83.40/ HK$ 90.25
SL: HK$ 69.60

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

Stock Trading Masterclass: Fundamental and Technical Analysis

Join our next education webinar with collaboration with Bursa Malaysia-i

ABOUT THIS MASTERCLASS

Masterclass in Fundamental Analysis | 9:30am – 12:30pm (3 Hours)
Presented by Jack Goh, Research Analyst, UOB Kay Hian

Language: English
Registration Link for Online Class FA: https://bit.ly/MasterclassFAMay2024

____

Masterclass in Technical Analysis | 2:00pm – 5:00pm (3 hours)
Presented by Fakhrul Asyraq, Investment Analyst, UOB Kay Hian

Language: Malay
Registration Link for Online Class TA: https://bit.ly/MasterclassTAMay2024

____

#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian

UOBKH Retail Market Monitor
8 May 2024

FBMKLCI: 1,605.68 (+8.29)
Support: 1,575, 1,560
Resistance: 1,614, 1,635

Bursa Top Gainers:
MRDIY (+4.1%), HLFG (+2.5%), AXIATA (+2.1%)

Bursa Top Losers:
YTLPOWR (-0.61%), CDB (-0.24%), QL (-0.15%)

Bursa Trade Statistics
Local Institutions (46.25%): -RM228.06m
Local Retail (21.63%): -RM108.81m
Foreign (32.12%): +RM336.87m

Global Equity Indexes
MSCI Asia : 177.83 (+0.28, +0.16%)
NASDAQ : 16,332.56 (-16.69, -0.10%)
S&P500 : 5,187.70 (+6.96, +0.13%)
DJIA : 38,884.26 (+31.99, +0.08%)

USD/MYR : 4.7388 (-0.0042)
SGD/MYR : 3.5002 (-0.0091)

Crude Oil : $78.31 (-0.57)
Gold : $2,315.36 (-11.60)

US stocks were mixed after the close on Tuesday, as gains in the Basic Materials, Utilities and Healthcare sectors led shares higher while losses in the Technology, Consumer Services and Consumer Goods sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average added 0.08%, while the S&P 500 index gained 0.13%, and the NASDAQ Composite index declined 0.10%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1651 to 1205 and 66 ended unchanged; on the Nasdaq Stock Exchange, 1784 fell and 1550 advanced, while 148 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) CATCHA (KLSE: 0173)
Technical BUY with +31.7% potential return
* Last: RM0.30 TP: RM0.34, RM0.395 SL: RM0.275
* Timeframe: 2 weeks to 2 months
* Shariah: NO

2) HIAPTEK (KLSE: 5072)
Technical BUY with +15.7% potential return
* Last: RM0.415 TP: RM0.445, RM0.48 SL: RM0.37
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) HTPADU (KLSE: 5028)
Technical BUY with +37.3% potential return
* Last: RM2.28 TP: RM2.86, RM3.13 SL: RM1.99
* 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.

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UOBKH Malaysia Trading Idea
8 May 2024

#TradingIdea #UOBKayHian #UOBKayHianMalaysia

UOBKH Singapore Retail Market Monitor
8 May 2024

Short Term Opportunity:
1) Singapore Airlines (SGX: C6L)
Technical BUY range S$ 6.61-6.62
Last: S$ 6.69
TP: S$ 7.17
SL: S$ 6.47

2) Jardine Cycle & Carriage (SGX: C07)
Technical BUY range S$ 27.03-27.05
Last: S$ 27.00
TP: S$ 29.25
SL: S$ 26.46


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
8 May 2024

Short Term Opportunity:
1) China Everbright Environment Group Limited (HKEX: 257)
Technical BUY range HK$3.20-3.30
Last: HK$ 3.40
TP: HK$ 3.50/ HK$ 3.60
SL: HK$ 3.10

2) Lenovo Group Ltd. (HKEX: 992)
Technical BUY range HK$9.95-10.12
Last: HK$ 9.45
TP: HK$ 10.75/ HK$ 11.10
SL: HK$ 9.35

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.

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What Does the Market Really Fear?

Join Paul DeVierno as he delves into the significance of the 2-year Treasury yields, dissects the Fed's actions, and analyses the latest nonfarm payrolls data. Stay informed and watch now! 🙌

Click the link to watch: https://fb.watch/rW-z6URbiT/

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UOBKH Retail Market Monitor
9 May 2024

FBMKLCI: 1,604.75 (-0.93)
Support: 1,575, 1,560
Resistance: 1,614, 1,635

Bursa Top Gainers:
SIMEPLT (+3.1%), YTL (+1.5%), YTLPOWR (+1.4%)

Bursa Top Losers:
TM (-1.4%), CIMB (-1.0%), AMBANK (-0.71%)

Bursa Trade Statistics
Local Institutions (46.34%): -RM306.82m
Local Retail (20.38%): -RM15.82m
Foreign (33.28%): +RM322.64m

Global Equity Indexes
MSCI Asia : 178.35 (+0.52, +0.29%)
NASDAQ : 16,302.76 (-29.80, -0.18%)
S&P500 : 5,187.67 (-0.03, -0.00%)
DJIA : 39,056.39 (+172.13, +0.44%)

USD/MYR : 4.7428 (+0.0040)
SGD/MYR : 3.4988 (-0.0014)

Crude Oil : $79.25 (+0.94)
Gold : $2,308.28 (-7.08)

U.S. stocks were mixed after the close on Wednesday, as gains in the Utilities, Telecoms and Financials sectors led shares higher while losses in the Basic Materials, Consumer Goods and Healthcare sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average gained 0.44% to hit a new 1-month high, while the S&P 500 index fell 0.00%, and the NASDAQ Composite index fell 0.18%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1509 to 1329 and 76 ended unchanged; on the Nasdaq Stock Exchange, 1751 fell and 1584 advanced, while 143 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) HSSEB (KLSE: 0185)
Technical BUY with +24.0% potential return
* Last: RM1.00 TP: RM1.19, RM1.24 SL: RM0.94
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) LAYHONG (KLSE: 9385)
Technical BUY with +31.3% potential return
* Last: RM0.415 TP: RM0.495, RM0.545 SL: RM0.365
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) LEESK (KLSE: 8079)
Technical BUY with +23.3% potential return
* Last: RM0.965 TP: RM1.12, RM1.19 SL: RM0.88
* 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
9 May 2024

#TradingIdea #UOBKayHian #UOBKayHianMalaysia

UOBKH Singapore Retail Market Monitor
9 May 2024

Short Term Opportunity:
1) Singapore Post (SGX: S08)
Technical BUY range S$ 0.435-0.440
Last: S$ 0.450
TP: S$ 0.480
SL: S$ 0.415

2) Parkway Life Real Estate Investment Trust (SGX: C2PU)
Technical BUY range S$ 3.60-3.61
Last: S$ 3.67
TP: S$ 3.87
SL: S$ 3.50


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

UOBKH Hong Kong Retail Market Monitor
9 May 2024

Short Term Opportunity:
1) AAC Technologies Holdings Inc. (HKEX: 2018)
Technical BUY range HK$27.80-29.00
Last: HK$ 27.30
TP: HK$ 30.40/ HK$ 34.40
SL: HK$ 26.00

2) Yankuang Energy Group Company Limited (HKEX: 1171)
Technical BUY range HK$18.50-18.78
Last: HK$ 18.78
TP: HK$ 20.00/ HK$ 21.20
SL: HK$ 17.35

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

Will Michelle Obama be the Next U.S. President?

Join Paul DeVierno in exploring if Michelle Obama could be the next Democratic nominee for the U.S. presidency this year, examining various potential candidates along the way. Don't miss out and watch now!

Click the link to watch: https://fb.watch/rY9eOqzzOg/

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Stock Trading Masterclass: Fundamental and Technical Analysis

Join our next education webinar with collaboration with Bursa Malaysia-i

ABOUT THIS MASTERCLASS

Masterclass in Fundamental Analysis | 9:30am – 12:30pm (3 Hours)
Presented by Jack Goh, Research Analyst, UOB Kay Hian

Language: English
Registration Link for Online Class FA: https://bit.ly/MasterclassFAMay2024

____

Masterclass in Technical Analysis | 2:00pm – 5:00pm (3 hours)
Presented by Fakhrul Asyraq, Investment Analyst, UOB Kay Hian

Language: Malay
Registration Link for Online Class TA: https://bit.ly/MasterclassTAMay2024

____

#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian

UOBKH Retail Market Monitor
10 May 2024

FBMKLCI: 1,601.22 (-3.53)
Support: 1,575, 1,560
Resistance: 1,614, 1,635

Bursa Top Gainers:
MRDIY (+0.56%), GENTING (+0.44%), MAYBANK (+0.41%)

Bursa Top Losers:
AXIATA (-2.1%), MAXIS (-1.9%), PETDAG (-1.6%)

Bursa Trade Statistics
Local Institutions (47.47%): +RM44.09m
Local Retail (23.12%): -RM33.75m
Foreign (29.41%): -RM10.34m

Global Equity Indexes
MSCI Asia : 176.51 (-1.84, -1.03%)
NASDAQ : 16,346.27 (+43.51, +0.27%)
S&P500 : 5,214.08 (+26.41, +0.51%)
DJIA : 39,387.76 (+331.37, +0.85%)

USD/MYR : 4.7343 (-0.0085)
SGD/MYR : 3.4998 (-0.0010)

Crude Oil : $79.61 (+0.36)
Gold : $2,346.98 (+38.70)

US stocks were higher after the close on Thursday, as gains in the Utilities, Oil & Gas and Basic Materials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average gained 0.85% to hit a new 1-month high, while the S&P 500 index climbed 0.51%, and the NASDAQ Composite index climbed 0.27%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 2034 to 813 and 69 ended unchanged; on the Nasdaq Stock Exchange, 1994 rose and 1365 declined, while 104 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) INFOM (KLSE: 0265)
Technical BUY on breakout (RM1.54) with +17.5% potential return
* Last: RM1.49 TP: RM1.68, RM1.81 SL: RM1.38
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) KOBAY (KLSE: 6971)
Technical BUY with +9.8% potential return
* Last: RM1.93 TP: RM2.04, RM2.12 SL: RM1.64
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) MCEHLDG (KLSE: 7004)
Technical BUY with +16.4% potential return
* Last: RM1.71 TP: RM1.84, RM1.99 SL: RM1.47
* 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
10 May 2024

#TradingIdea #UOBKayHian #UOBKayHianMalaysia

UOBKH Singapore Retail Market Monitor
10 May 2024

Short Term Opportunity:
1) Frasers Centrepoint Trust (SGX: J69U)
Technical BUY range S$ 2.13-2.14
Last: S$ 2.15
TP: S$ 2.30
SL: S$ 2.09

2) Singapore Airlines (SGX: C6L)
Technical BUY range S$ 6.65-6.66
Last: S$ 6.67
TP: S$ 7.15
SL: S$ 6.53


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