Malaysia and US Equity Markets: Make Hay While The Sun Shines
📆 Saturday, 25 May 2024
⏰ 9:30am-11.30am
🌐 Register at https://bit.ly/StockpickMay2024TG
__
Session 1 • What's Ahead for US Equity Markets
Presented by Daniel Ang, CME Independent Educator
This webinar explores the potential impact of inflation on the Federal Reserve's monetary policy, specifically the possibility of delaying anticipated rate cuts. Join this free webinar and gain the confidence to navigate these dynamic market conditions!
Session 2 • Make Hay While The Sun Shines
Presented by Desmond Chong, Head of Research, UOB Kay Hian Malaysia
While there could still be legs for the market euphoria, the newfound optimism could be tempered by potential value traps. Join us for the insight of a top-down foreign and local market analysis, where we will focus on risk-reward ratios, imminent rerating/derating catalysts and bottom-up stock picking.
__
#UOBKayHianEvents #UOBKayHianMalaysia
📆 Saturday, 25 May 2024
⏰ 9:30am-11.30am
🌐 Register at https://bit.ly/StockpickMay2024TG
__
Session 1 • What's Ahead for US Equity Markets
Presented by Daniel Ang, CME Independent Educator
This webinar explores the potential impact of inflation on the Federal Reserve's monetary policy, specifically the possibility of delaying anticipated rate cuts. Join this free webinar and gain the confidence to navigate these dynamic market conditions!
Session 2 • Make Hay While The Sun Shines
Presented by Desmond Chong, Head of Research, UOB Kay Hian Malaysia
While there could still be legs for the market euphoria, the newfound optimism could be tempered by potential value traps. Join us for the insight of a top-down foreign and local market analysis, where we will focus on risk-reward ratios, imminent rerating/derating catalysts and bottom-up stock picking.
__
#UOBKayHianEvents #UOBKayHianMalaysia
UOBKH Retail Market Monitor
16 May 2024
FBMKLCI: 1,603.23 (-2.65)
Support: 1,575, 1,560
Resistance: 1,614, 1,635
Bursa Top Gainers:
YTL (+3.1%), YTLPOWR (+2.0%), MRDIY (+1.1%)
Bursa Top Losers:
SIMEPLT (-2.4%), PCHEM (-2.3%), PPB (-1.2%)
Bursa Trade Statistics
Local Institutions (49.19%): -RM78.65m
Local Retail (24.41%): -RM221.33m
Foreign (26.40%): +RM299.98m
Global Equity Indexes
MSCI Asia : 178.49 (+0.31,+0.17%)
NASDAQ : 16,742.39 (+231.21, +1.40%)
S&P500 : 5,308.15 (+61.47,+1.17%)
DJIA : 39,908.00 (+349.89,+0.88%)
USD/MYR : 4.6777 (-0.0296)
SGD/MYR : 3.4824 (-0.0002)
Crude Oil : $79.04 (+0.65)
Gold : $2,393.91 (+37.51)
US stocks were higher after the close on Wednesday, as gains in the Technology, Healthcare and Utilities sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average rose 0.88% to hit a new all time high, while the S&P 500 index added 1.17%, and the NASDAQ Composite index climbed 1.40%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,982 to 903 and 43 ended unchanged; on the Nasdaq Stock Exchange, 1,932 rose and 1,419 declined, while 141 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) EFORCE (KLSE: 0065)
Technical BUY with +15.6% potential return
* Last: RM0.385 TP: RM0.43, RM0.445 SL: RM0.355
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) GREATEC (KLSE: 0208)
Technical BUY with +7.8% potential return
* Last: RM4.72 TP: RM4.93, RM5.09 SL: RM4.41
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) MGB (KLSE: 7595)
Technical BUY with +20.6% potential return
* Last: RM0.825 TP: RM0.945, RM0.995 SL: RM0.76
* 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
16 May 2024
FBMKLCI: 1,603.23 (-2.65)
Support: 1,575, 1,560
Resistance: 1,614, 1,635
Bursa Top Gainers:
YTL (+3.1%), YTLPOWR (+2.0%), MRDIY (+1.1%)
Bursa Top Losers:
SIMEPLT (-2.4%), PCHEM (-2.3%), PPB (-1.2%)
Bursa Trade Statistics
Local Institutions (49.19%): -RM78.65m
Local Retail (24.41%): -RM221.33m
Foreign (26.40%): +RM299.98m
Global Equity Indexes
MSCI Asia : 178.49 (+0.31,+0.17%)
NASDAQ : 16,742.39 (+231.21, +1.40%)
S&P500 : 5,308.15 (+61.47,+1.17%)
DJIA : 39,908.00 (+349.89,+0.88%)
USD/MYR : 4.6777 (-0.0296)
SGD/MYR : 3.4824 (-0.0002)
Crude Oil : $79.04 (+0.65)
Gold : $2,393.91 (+37.51)
US stocks were higher after the close on Wednesday, as gains in the Technology, Healthcare and Utilities sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average rose 0.88% to hit a new all time high, while the S&P 500 index added 1.17%, and the NASDAQ Composite index climbed 1.40%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,982 to 903 and 43 ended unchanged; on the Nasdaq Stock Exchange, 1,932 rose and 1,419 declined, while 141 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) EFORCE (KLSE: 0065)
Technical BUY with +15.6% potential return
* Last: RM0.385 TP: RM0.43, RM0.445 SL: RM0.355
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) GREATEC (KLSE: 0208)
Technical BUY with +7.8% potential return
* Last: RM4.72 TP: RM4.93, RM5.09 SL: RM4.41
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) MGB (KLSE: 7595)
Technical BUY with +20.6% potential return
* Last: RM0.825 TP: RM0.945, RM0.995 SL: RM0.76
* Timeframe: 2 weeks to 2 months
* Shariah: YES
Join UOB Kay Hian Malaysia's Official Telegram Channel
https://t.me/UOBKayHianMalaysia
Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.
For the full research report, please log in to www.utrade.com.my
Telegram
UOB Kay Hian Malaysia (Official)
Daily local, regional and global stock trading and wealth building investment ideas.
Link in bio
https://linktr.ee/UOBKayHianMalaysia
Link in bio
https://linktr.ee/UOBKayHianMalaysia
👍2
UOBKH Singapore Retail Market Monitor
16 May 2024
Short Term Opportunity:
1) Raffles Medical Group (SGX: BSL)
Technical Buy range S$ 1.01-1.02
Last: S$ 1.03
TP: S$ 1.12
SL: S$ 1.00
2) ThaiBev (SGX: Y92)
Technical Buy range S$ 0.490-0.495
Last: S$ 0.500
TP: S$ 0.535
SL: S$ 0.480
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
16 May 2024
Short Term Opportunity:
1) Raffles Medical Group (SGX: BSL)
Technical Buy range S$ 1.01-1.02
Last: S$ 1.03
TP: S$ 1.12
SL: S$ 1.00
2) ThaiBev (SGX: Y92)
Technical Buy range S$ 0.490-0.495
Last: S$ 0.500
TP: S$ 0.535
SL: S$ 0.480
Join UOB Kay Hian Malaysia's Official Telegram Channel
https://t.me/UOBKayHianMalaysia
Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.
For the full research report, please log in to www.utrade.com.my
Telegram
UOB Kay Hian Malaysia (Official)
Daily local, regional and global stock trading and wealth building investment ideas.
Link in bio
https://linktr.ee/UOBKayHianMalaysia
Link in bio
https://linktr.ee/UOBKayHianMalaysia
UOBKH Hong Kong Retail Market Monitor
16 May 2024
Short Term Opportunity:
1) ZTO Express (Cayman) Inc (HKEX: 2057)
Technical BUY range HK$ 171.00-174.50
Last: HK$ 173.60
TP: HK$ 179.00/ HK$ 187.00
SL: HK$ 166.50
2) Sunny Optical Technology (Group) Company Limited (HKEX: 2382)
Technical BUY range HK$ 44.00-45.00
Last: HK$ 42.80
TP: HK$ 46.25/ HK$ 55.00
SL: HK$ 38.00
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
16 May 2024
Short Term Opportunity:
1) ZTO Express (Cayman) Inc (HKEX: 2057)
Technical BUY range HK$ 171.00-174.50
Last: HK$ 173.60
TP: HK$ 179.00/ HK$ 187.00
SL: HK$ 166.50
2) Sunny Optical Technology (Group) Company Limited (HKEX: 2382)
Technical BUY range HK$ 44.00-45.00
Last: HK$ 42.80
TP: HK$ 46.25/ HK$ 55.00
SL: HK$ 38.00
Join UOB Kay Hian Malaysia's Official Telegram Channel
https://t.me/UOBKayHianMalaysia
Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.
For the full research report, please log in to www.utrade.com.my
Telegram
UOB Kay Hian Malaysia (Official)
Daily local, regional and global stock trading and wealth building investment ideas.
Link in bio
https://linktr.ee/UOBKayHianMalaysia
Link in bio
https://linktr.ee/UOBKayHianMalaysia
👍1
Forwarded from UOB Kay Hian Malaysia (Official)
Please join the second edition of our CIO Series.
Open to All.
De-mystifying China’s Domestic Travel Boom
China’s domestic tourism has been exceptionally strong since the reopening, with tourism spending up 140% in 2023 and up another 22% estimated for 2024. Is this just a one-time boost from pent-up demand, or is it something more sustainable? In this session, our CIO, Qi Wang, will explain the structural changes will continue to drive strong secular growth in Chinese tourism, along with stock picks. There will be also be an update on US and China markets and our outlook for the remainder of the year.
📅 Date: 16 May 2024
🕔 Time: 6.30pm to 7.30pm
👨Speaker: Qi Wang, CIO, UOB Kay Hian
REGISTER NOW!
https://attendee.gotowebinar.com/register/4424834351308021845?source=my
#UOBKayHian
#CIOSeries
Open to All.
De-mystifying China’s Domestic Travel Boom
China’s domestic tourism has been exceptionally strong since the reopening, with tourism spending up 140% in 2023 and up another 22% estimated for 2024. Is this just a one-time boost from pent-up demand, or is it something more sustainable? In this session, our CIO, Qi Wang, will explain the structural changes will continue to drive strong secular growth in Chinese tourism, along with stock picks. There will be also be an update on US and China markets and our outlook for the remainder of the year.
📅 Date: 16 May 2024
🕔 Time: 6.30pm to 7.30pm
👨Speaker: Qi Wang, CIO, UOB Kay Hian
REGISTER NOW!
https://attendee.gotowebinar.com/register/4424834351308021845?source=my
#UOBKayHian
#CIOSeries
👍2
UOBKH Retail Market Monitor
17 May 2024
FBMKLCI: 1,611.11 (+7.88)
Support: 1,575, 1,560
Resistance: 1,614, 1,635
Bursa Top Gainers:
TENAGA (+2.1%), PCHEM (+1.3%), PPB (+1.2%)
Bursa Top Losers:
PMETAL (-0.74%), CDB (-0.74%), IHH (-0.32%)
Bursa Trade Statistics
Local Institutions (46.36%): -RM180.69m
Local Retail (23.64%): -RM88.47m
Foreign (30.00%): +RM269.16m
Global Equity Indexes
MSCI Asia : 179.58 (+1.09,+0.61%)
NASDAQ : 16,698.32 (-44.07, -0.26%)
S&P500 : 5,297.10 (-11.05,-0.21%)
DJIA : 39,869.38 (-38.62,-0.10%)
USD/MYR : 4.6842 (+0.0065)
SGD/MYR : 3.4782 (-0.0032)
Crude Oil : $79.48 (+0.44)
Gold : $2,378.90 (-15.01)
US stocks were lower after the close on Thursday, as losses in the Industrials, Basic Materials and Oil & Gas sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average declined 0.10%, while the S&P 500 index fell 0.21%, and the NASDAQ Composite index declined 0.26%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1,530 to 1311 and 84 ended unchanged; on the Nasdaq Stock Exchange, 1,722 fell and 1626 advanced, while 148 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) KEINHIN (KLSE: 7199)
Technical BUY on breakout (RM1.36) with +16.9% potential return
* Last: RM1.33 TP: RM1.52, RM1.59 SL: RM1.23
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) AYS (KLSE: 5021)
Technical BUY with +15.6% potential return
* Last: RM0.385 TP: RM0.425, RM0.445 SL: RM0.345
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) CJCEN (KLSE: 7117)
Technical BUY on breakout (RM0.345) with +20.3% potential return
* Last: RM0.33 TP: RM0.395, RM0.42 SL: RM0.305
* Timeframe: 2 weeks to 2 months
* Shariah: YES
Join UOB Kay Hian Malaysia's Official Telegram Channel
https://t.me/UOBKayHianMalaysia
Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.
For the full research report, please log in to www.utrade.com.my
17 May 2024
FBMKLCI: 1,611.11 (+7.88)
Support: 1,575, 1,560
Resistance: 1,614, 1,635
Bursa Top Gainers:
TENAGA (+2.1%), PCHEM (+1.3%), PPB (+1.2%)
Bursa Top Losers:
PMETAL (-0.74%), CDB (-0.74%), IHH (-0.32%)
Bursa Trade Statistics
Local Institutions (46.36%): -RM180.69m
Local Retail (23.64%): -RM88.47m
Foreign (30.00%): +RM269.16m
Global Equity Indexes
MSCI Asia : 179.58 (+1.09,+0.61%)
NASDAQ : 16,698.32 (-44.07, -0.26%)
S&P500 : 5,297.10 (-11.05,-0.21%)
DJIA : 39,869.38 (-38.62,-0.10%)
USD/MYR : 4.6842 (+0.0065)
SGD/MYR : 3.4782 (-0.0032)
Crude Oil : $79.48 (+0.44)
Gold : $2,378.90 (-15.01)
US stocks were lower after the close on Thursday, as losses in the Industrials, Basic Materials and Oil & Gas sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average declined 0.10%, while the S&P 500 index fell 0.21%, and the NASDAQ Composite index declined 0.26%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1,530 to 1311 and 84 ended unchanged; on the Nasdaq Stock Exchange, 1,722 fell and 1626 advanced, while 148 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) KEINHIN (KLSE: 7199)
Technical BUY on breakout (RM1.36) with +16.9% potential return
* Last: RM1.33 TP: RM1.52, RM1.59 SL: RM1.23
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) AYS (KLSE: 5021)
Technical BUY with +15.6% potential return
* Last: RM0.385 TP: RM0.425, RM0.445 SL: RM0.345
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) CJCEN (KLSE: 7117)
Technical BUY on breakout (RM0.345) with +20.3% potential return
* Last: RM0.33 TP: RM0.395, RM0.42 SL: RM0.305
* Timeframe: 2 weeks to 2 months
* Shariah: YES
Join UOB Kay Hian Malaysia's Official Telegram Channel
https://t.me/UOBKayHianMalaysia
Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.
For the full research report, please log in to www.utrade.com.my
Telegram
UOB Kay Hian Malaysia (Official)
Daily local, regional and global stock trading and wealth building investment ideas.
Link in bio
https://linktr.ee/UOBKayHianMalaysia
Link in bio
https://linktr.ee/UOBKayHianMalaysia
👍1
UOBKH Hong Kong Retail Market Monitor
17 May 2024
Short Term Opportunity:
1) Longfor Group Holdings Limited (HKEX: 960)
Technical BUY range HK$ 13.00-13.20
Last: HK$ 13.80
TP: HK$ 14.40/ HK$ 15.66
SL: HK$ 12.00
2) CITIC Securities Company Limited (HKEX: 6030)
Technical BUY range HK$ 13.72-13.95
Last: HK$ 13.32
TP: HK$ 14.60/ HK$ 15.45
SL: HK$ 13.05
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
17 May 2024
Short Term Opportunity:
1) Longfor Group Holdings Limited (HKEX: 960)
Technical BUY range HK$ 13.00-13.20
Last: HK$ 13.80
TP: HK$ 14.40/ HK$ 15.66
SL: HK$ 12.00
2) CITIC Securities Company Limited (HKEX: 6030)
Technical BUY range HK$ 13.72-13.95
Last: HK$ 13.32
TP: HK$ 14.60/ HK$ 15.45
SL: HK$ 13.05
Join UOB Kay Hian Malaysia's Official Telegram Channel
https://t.me/UOBKayHianMalaysia
Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.
For the full research report, please log in to www.utrade.com.my
Telegram
UOB Kay Hian Malaysia (Official)
Daily local, regional and global stock trading and wealth building investment ideas.
Link in bio
https://linktr.ee/UOBKayHianMalaysia
Link in bio
https://linktr.ee/UOBKayHianMalaysia
UOBKH Singapore Retail Market Monitor
17 May 2024
Short Term Opportunity:
1) Keppel DC REIT (SGX: AJBU)
Technical Buy range S$ 1.76-1.77
Last: S$ 1.75
TP: S$ 1.99
SL: S$ 1.71
2) City Developments (SGX: C09)
Technical Buy range S$ 5.85-5.87
Last: S$ 5.90
TP: S$ 6.42
SL: S$ 5.73
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
17 May 2024
Short Term Opportunity:
1) Keppel DC REIT (SGX: AJBU)
Technical Buy range S$ 1.76-1.77
Last: S$ 1.75
TP: S$ 1.99
SL: S$ 1.71
2) City Developments (SGX: C09)
Technical Buy range S$ 5.85-5.87
Last: S$ 5.90
TP: S$ 6.42
SL: S$ 5.73
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 Retail Market Monitor
20 May 2024
FBMKLCI: 1,616.62 (+5.51)
Support: 1,600, 1,575
Resistance: 1,635, 1,650
Bursa Top Gainers:
YTL (+4.7%), YTLPOWR (+4.1%), MAXIS (+2.8%)
Bursa Top Losers:
PMETAL (-3.0%), IOICORP (-0.98%), KLK (-0.53%)
Bursa Trade Statistics
Local Institutions (45.88%): -RM6.16m
Local Retail (23.07%): -RM178.15m
Foreign (31.05%): +RM184.31m
Global Equity Indexes
MSCI Asia : 181.86 (+0.17,+0.09%)
NASDAQ : 16,685.97 (-12.35, -0.07%)
S&P500 : 5,303.27 (+6.17,+0.12%)
DJIA : 40,003.59 (+134.21,+0.34%)
USD/MYR : 4.6877 (+0.0035)
SGD/MYR : 3.4797 (+0.0015)
Crude Oil : $80.06 (+0.58)
Gold : $2,415.22 (+36.32)
US stocks were mixed after the close on Friday, as gains in the Oil & Gas, Basic Materials and Financials sectors led shares higher while losses in the Technology, Consumer Goods and Utilities sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average gained 0.34% to hit a new all-time high, while the S&P 500 index climbed 0.12%, and the NASDAQ Composite index declined 0.07%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,570 to 1,256 and 85 ended unchanged; on the Nasdaq Stock Exchange, 1,790 fell and 1,570 advanced, while 125 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) BDB (KLSE: 6173)
Technical BUY on breakout (RM0.415) with +34.9% potential return
• Last: RM0.400 TP: RM0.510, RM0.560 SL: RM0.345
• Timeframe: 2 weeks to 2 months
• Shariah: YES
2) DPS (KLSE: 7198)
Technical BUY with +20.2% potential return
• Last: RM0.520 TP: RM0.595, RM0.625 SL: RM0.470
• Timeframe: 2 weeks to 2 months
• Shariah: YES
3) EITA (KLSE: 5208)
Technical BUY on breakout (RM0.875) with +17.7% potential return
• Last: RM0.865 TP: RM0.970, RM1.03 SL: RM0.890
• 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 May 2024
FBMKLCI: 1,616.62 (+5.51)
Support: 1,600, 1,575
Resistance: 1,635, 1,650
Bursa Top Gainers:
YTL (+4.7%), YTLPOWR (+4.1%), MAXIS (+2.8%)
Bursa Top Losers:
PMETAL (-3.0%), IOICORP (-0.98%), KLK (-0.53%)
Bursa Trade Statistics
Local Institutions (45.88%): -RM6.16m
Local Retail (23.07%): -RM178.15m
Foreign (31.05%): +RM184.31m
Global Equity Indexes
MSCI Asia : 181.86 (+0.17,+0.09%)
NASDAQ : 16,685.97 (-12.35, -0.07%)
S&P500 : 5,303.27 (+6.17,+0.12%)
DJIA : 40,003.59 (+134.21,+0.34%)
USD/MYR : 4.6877 (+0.0035)
SGD/MYR : 3.4797 (+0.0015)
Crude Oil : $80.06 (+0.58)
Gold : $2,415.22 (+36.32)
US stocks were mixed after the close on Friday, as gains in the Oil & Gas, Basic Materials and Financials sectors led shares higher while losses in the Technology, Consumer Goods and Utilities sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average gained 0.34% to hit a new all-time high, while the S&P 500 index climbed 0.12%, and the NASDAQ Composite index declined 0.07%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,570 to 1,256 and 85 ended unchanged; on the Nasdaq Stock Exchange, 1,790 fell and 1,570 advanced, while 125 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) BDB (KLSE: 6173)
Technical BUY on breakout (RM0.415) with +34.9% potential return
• Last: RM0.400 TP: RM0.510, RM0.560 SL: RM0.345
• Timeframe: 2 weeks to 2 months
• Shariah: YES
2) DPS (KLSE: 7198)
Technical BUY with +20.2% potential return
• Last: RM0.520 TP: RM0.595, RM0.625 SL: RM0.470
• Timeframe: 2 weeks to 2 months
• Shariah: YES
3) EITA (KLSE: 5208)
Technical BUY on breakout (RM0.875) with +17.7% potential return
• Last: RM0.865 TP: RM0.970, RM1.03 SL: RM0.890
• 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 Singapore Retail Market Monitor
20 May 2024
Short Term Opportunity:
1) 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
2) Oversea-Chinese Banking Corp (SGX: O39)
Technical BUY Range S$13.80-13.85
Last: S$14.44
TP: S$14.68
SL: S$13.56
Join UOB Kay Hian Malaysia's Official Telegram Channel
https://t.me/UOBKayHianMalaysia
Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.
For the full research report, please log in to www.utrade.com.my
20 May 2024
Short Term Opportunity:
1) 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
2) Oversea-Chinese Banking Corp (SGX: O39)
Technical BUY Range S$13.80-13.85
Last: S$14.44
TP: S$14.68
SL: S$13.56
Join UOB Kay Hian Malaysia's Official Telegram Channel
https://t.me/UOBKayHianMalaysia
Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.
For the full research report, please log in to www.utrade.com.my
Telegram
UOB Kay Hian Malaysia (Official)
Daily local, regional and global stock trading and wealth building investment ideas.
Link in bio
https://linktr.ee/UOBKayHianMalaysia
Link in bio
https://linktr.ee/UOBKayHianMalaysia
❤1
Forwarded from UOB Kay Hian Malaysia (Official)
Malaysia and US Equity Markets: Make Hay While The Sun Shines
📆 Saturday, 25 May 2024
⏰ 9:30am-11.30am
🌐 Register at https://bit.ly/StockpickMay2024TG
__
Session 1 • What's Ahead for US Equity Markets
Presented by Daniel Ang, CME Educator, CME Group
This webinar explores the potential impact of inflation on the Federal Reserve's monetary policy, specifically the possibility of delaying anticipated rate cuts. Join this free webinar and gain the confidence to navigate these dynamic market conditions!
Session 2 • Make Hay While The Sun Shines
Presented by Desmond Chong, Head of Research, UOB Kay Hian Malaysia
While there could still be legs for the market euphoria, the newfound optimism could be tempered by potential value traps. Join us for the insight of a top-down foreign and local market analysis, where we will focus on risk-reward ratios, imminent rerating/derating catalysts and bottom-up stock picking.
__
#UOBKayHianEvents #UOBKayHianMalaysia
📆 Saturday, 25 May 2024
⏰ 9:30am-11.30am
🌐 Register at https://bit.ly/StockpickMay2024TG
__
Session 1 • What's Ahead for US Equity Markets
Presented by Daniel Ang, CME Educator, CME Group
This webinar explores the potential impact of inflation on the Federal Reserve's monetary policy, specifically the possibility of delaying anticipated rate cuts. Join this free webinar and gain the confidence to navigate these dynamic market conditions!
Session 2 • Make Hay While The Sun Shines
Presented by Desmond Chong, Head of Research, UOB Kay Hian Malaysia
While there could still be legs for the market euphoria, the newfound optimism could be tempered by potential value traps. Join us for the insight of a top-down foreign and local market analysis, where we will focus on risk-reward ratios, imminent rerating/derating catalysts and bottom-up stock picking.
__
#UOBKayHianEvents #UOBKayHianMalaysia
👍1
Forwarded from UOB Kay Hian Malaysia (Official)
LIVE WEBINAR - CANTONESE
HKEX Stock in Focus:
Tam Jai International
📅 Tuesday, 21 May 2024
⏰ 7:00pm – 8:00pm
This webinar will be hosted in Cantonese and open to the public.
Register Now!
https://attendee.gotowebinar.com/register/6223737628950343509?source=MY
__
Hong Kong noodle chain Tam Jai International sets its sights on world domination after IPO! They're customizing their menu and operations to win over taste buds in China, Singapore, and Japan. Join this webinar to discover how Tam Jai's unique offerings can satisfy your investment cravings!.
Moderator:
Mr. Curtis Yeung, Strategist
UOB Kay Hian (HK) Ltd
Guest Speaker:
Ms. Rita Chan
Executive Director and CFO
Tam Jai International Co. Limited
Guest Speaker:
Ms. Ming Chan
Corporate Communications Director
Tam Jai International Co. Limited
__
#UOBKayHianEvents
#UOBKHHK
HKEX Stock in Focus:
Tam Jai International
📅 Tuesday, 21 May 2024
⏰ 7:00pm – 8:00pm
This webinar will be hosted in Cantonese and open to the public.
Register Now!
https://attendee.gotowebinar.com/register/6223737628950343509?source=MY
__
Hong Kong noodle chain Tam Jai International sets its sights on world domination after IPO! They're customizing their menu and operations to win over taste buds in China, Singapore, and Japan. Join this webinar to discover how Tam Jai's unique offerings can satisfy your investment cravings!.
Moderator:
Mr. Curtis Yeung, Strategist
UOB Kay Hian (HK) Ltd
Guest Speaker:
Ms. Rita Chan
Executive Director and CFO
Tam Jai International Co. Limited
Guest Speaker:
Ms. Ming Chan
Corporate Communications Director
Tam Jai International Co. Limited
__
#UOBKayHianEvents
#UOBKHHK
UOBKH Retail Market Monitor
21 May 2024
FBMKLCI: 1,627.50 (+10.88)
Support: 1,600, 1,575
Resistance: 1,635, 1,650
Bursa Top Gainers:
PMETAL (+3.7%), CDB (+2.5%), AXIATA (+2.1%)
Bursa Top Losers:
MRDIY (-1.6%), SIME (-1.1%), QL (-0.3%)
Bursa Trade Statistics
Local Institutions (47.09%): -RM36.10m
Local Retail (24.21%): -RM66.50m
Foreign (28.70%): +RM102.60m
Global Equity Indexes
MSCI Asia : 181.86 (+0.17,+0.09%)
NASDAQ : 16,794.88 (+108.91, +0.65%)
S&P500 : 5,308.13 (+4.86,+0.09%)
DJIA : 39,806.77 (-196.82,-0.49%)
USD/MYR : 4.6927 (+0.005)
SGD/MYR : 3.4825 (+0.0043)
Crude Oil : $79.72 (-0.34)
Gold : $2,425.99 (+10.77)
The Dow Jones Industrial Average fell 196.82 points, or 0.49%, to 39,806.77. The S&P 500 gained 4.86 points, or 0.09%, at 5,308.13 and the Nasdaq Composite rose 108.91 points, or 0.65%, to 16,794.87. The Nasdaq closed at a record high on Monday while the S&P 500 gained slightly as technology stocks advanced ahead of Nvidia (NASDAQ:NVDA)'s highly anticipated earnings and investors gauged the timing of an interest rate cut by the Federal Reserve. The S&P 500 technology index led gains among the 11 major S&P sectors, rising 1.32%, helped by chipmakers such as Nvidia, which advanced 2.49% ahead of its quarterly results on Wednesday. (Source: Investing.com)
Stocks To Watch:
1) EMETALL (KLSE: 7217)
Technical BUY with +23.8% potential return
* Last: RM0.400 TP: RM0.460, RM0.495 SL: RM0.360
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) GKENT (KLSE: 3204)
Technical BUY with +26.8% potential return
* Last: RM0.485 TP: RM0.575, RM0.615 SL: RM0.445
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) GUH (KLSE: 3247)
Technical BUY with +25.3% potential return
* Last: RM0.395 TP: RM0.480, RM0.495 SL: RM0.355
* 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
21 May 2024
FBMKLCI: 1,627.50 (+10.88)
Support: 1,600, 1,575
Resistance: 1,635, 1,650
Bursa Top Gainers:
PMETAL (+3.7%), CDB (+2.5%), AXIATA (+2.1%)
Bursa Top Losers:
MRDIY (-1.6%), SIME (-1.1%), QL (-0.3%)
Bursa Trade Statistics
Local Institutions (47.09%): -RM36.10m
Local Retail (24.21%): -RM66.50m
Foreign (28.70%): +RM102.60m
Global Equity Indexes
MSCI Asia : 181.86 (+0.17,+0.09%)
NASDAQ : 16,794.88 (+108.91, +0.65%)
S&P500 : 5,308.13 (+4.86,+0.09%)
DJIA : 39,806.77 (-196.82,-0.49%)
USD/MYR : 4.6927 (+0.005)
SGD/MYR : 3.4825 (+0.0043)
Crude Oil : $79.72 (-0.34)
Gold : $2,425.99 (+10.77)
The Dow Jones Industrial Average fell 196.82 points, or 0.49%, to 39,806.77. The S&P 500 gained 4.86 points, or 0.09%, at 5,308.13 and the Nasdaq Composite rose 108.91 points, or 0.65%, to 16,794.87. The Nasdaq closed at a record high on Monday while the S&P 500 gained slightly as technology stocks advanced ahead of Nvidia (NASDAQ:NVDA)'s highly anticipated earnings and investors gauged the timing of an interest rate cut by the Federal Reserve. The S&P 500 technology index led gains among the 11 major S&P sectors, rising 1.32%, helped by chipmakers such as Nvidia, which advanced 2.49% ahead of its quarterly results on Wednesday. (Source: Investing.com)
Stocks To Watch:
1) EMETALL (KLSE: 7217)
Technical BUY with +23.8% potential return
* Last: RM0.400 TP: RM0.460, RM0.495 SL: RM0.360
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) GKENT (KLSE: 3204)
Technical BUY with +26.8% potential return
* Last: RM0.485 TP: RM0.575, RM0.615 SL: RM0.445
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) GUH (KLSE: 3247)
Technical BUY with +25.3% potential return
* Last: RM0.395 TP: RM0.480, RM0.495 SL: RM0.355
* 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
❤2👍1
UOBKH Singapore Retail Market Monitor
21 May 2024
Short Term Opportunity:
1) Jiutian Chemical Group (SGX: C8R)
Technical BUY Range S$0.021-0.022
Last: S$0.024
TP: S$0.032
SL: S$0.018
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
21 May 2024
Short Term Opportunity:
1) Jiutian Chemical Group (SGX: C8R)
Technical BUY Range S$0.021-0.022
Last: S$0.024
TP: S$0.032
SL: S$0.018
Join UOB Kay Hian Malaysia's Official Telegram Channel
https://t.me/UOBKayHianMalaysia
Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.
For the full research report, please log in to www.utrade.com.my
Telegram
UOB Kay Hian Malaysia (Official)
Daily local, regional and global stock trading and wealth building investment ideas.
Link in bio
https://linktr.ee/UOBKayHianMalaysia
Link in bio
https://linktr.ee/UOBKayHianMalaysia
UOBKH Hong Kong Retail Market Monitor
21 May 2024
Short Term Opportunity:
1) Datang International Power Generation Co., Ltd. (HKEX: 991)
Technical BUY Range HK$1.59-1.64
Last: HK$1.67
TP: HK$1.68/HK$1.76
SL: HK$1.56
2) China Eastern Airlines Corporation Limited (HKEX: 670)
Technical BUY Range HK$2.15-2.21
Last: HK$2.24
TP: HK$2.27/HK$2.37
SL: HK$2.10
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
21 May 2024
Short Term Opportunity:
1) Datang International Power Generation Co., Ltd. (HKEX: 991)
Technical BUY Range HK$1.59-1.64
Last: HK$1.67
TP: HK$1.68/HK$1.76
SL: HK$1.56
2) China Eastern Airlines Corporation Limited (HKEX: 670)
Technical BUY Range HK$2.15-2.21
Last: HK$2.24
TP: HK$2.27/HK$2.37
SL: HK$2.10
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
May this be a time for meaningful reflection and inner growth. Happy Wesak to our Buddhist friends!
#UOBKayHian
#UOBKayHianGreets
#HappyWesak
#UOBKayHian
#UOBKayHianGreets
#HappyWesak
👍3