UOBKH Retail Market Monitor
23 May 2024

FBMKLCI: 1,622.09 (-5.41)
Support: 1,600, 1,575
Resistance: 1,635, 1,650

Bursa Top Gainers:
TM (+3.7%), MISC (+0.36%), MAXIS (+0.26%)

Bursa Top Losers:
KLK (-3.7%), IOICORP (-2.7%), CDB (-2.4%)

Bursa Trade Statistics
Local Institutions (46.77%): +RM101.89m
Local Retail (21.26%): -RM75.70m
Foreign (31.97%): -RM26.19m

Global Equity Indexes
MSCI Asia : 181.15 (-1.25,-0.69%)
NASDAQ : 16,801.54 (-31.09, -0.18%)
S&P500 : 5,307.01 (-14.40,-0.27%)
DJIA : 39,671.04 (-201.95,-0.51%)

USD/MYR : 4.6968 (+0.0106)
SGD/MYR : 3.4876 (-0.0002)

Crude Oil : $77.19 (-0.38)
Gold : $2,381.13 (+2.28)

US stocks fell on Wednesday as investors digested minutes of the Federal Reserve's most recent meeting ahead of quarterly results from AI chipmaker Nvidia, due after the closing bell. Stocks struggled for direction for most of the session but weakened after the minutes showed US central bank officials still had faith price pressures would ease, but slowly, due to disappointment over inflation readings. The Dow Jones Industrial Average fell 201.95 points, or 0.51%, to 39,671.04, the S&P 500 lost 14.40 points, or 0.27%, to 5,307.01 and the Nasdaq Composite lost 31.08 points, or 0.18%, to 16,801.54. (Source: Investing.com)

Stocks To Watch:

1) CBIP (KLSE: 7076)
Technical BUY with +14.7% potential return
• Last: RM1.43 TP: RM1.59, RM1.64 SL: RM1.33
• Timeframe: 2 weeks to 2 months
• Shariah: YES

2) FSBM (KLSE: 9377)
Technical BUY with +35.6% potential return
• Last: RM0.365 TP: RM0.445, RM0.495 SL: RM0.305
• Timeframe: 2 weeks to 2 months
• Shariah: YES

3) GPHAROS (KLSE: 5649)
Technical BUY with +31.1% potential return
• Last: RM0.530 TP: RM0.645, RM0.695 SL: RM0.440
• 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
23 May 2024

Short Term Opportunity:
1) Singapore Post (SGX: S08)
Technical BUY Range S$0.460-0.465
Last: S$0.475
TP: S$0.495
SL: S$0.455

2) Civmec (SGX: P9D)
Technical BUY Range S$0.790-0.795
Last: S$0.795
TP: S$0.845
SL: S$0.775


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
23 May 2024

Short Term Opportunity:
1) Shougang Fushan Resources Group Limited (HKEX: 639)
Technical BUY Range HK$3.40-3.43
Last: HK$3.48
TP: HK$3.60/HK$3.86
SL: HK$3.12

2) Li Ning Company Limited (HKEX: 2331)
Technical BUY Range HK$24.55-25.00
Last: HK$24.05
TP: HK$26.00/HK$27.55
SL: HK$23.25

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 Retail Market Monitor
24 May 2024

FBMKLCI: 1,629.18 (+7.09)
Support: 1,600, 1,575
Resistance: 1,635, 1,650

Bursa Top Gainers:
TENAGA (+2.5%), SIME (+2.5%), MISC (+1.7%)

Bursa Top Losers:
PCHEM (-1.6%), PETDAG (-1.4%), SIMEPLT (-1.4%)

Bursa Trade Statistics
Local Institutions (47.18%): -RM355.28m
Local Retail (21.99%): -RM119.20m
Foreign (30.83%): +RM474.47m

Global Equity Indexes
MSCI Asia : 180.84 (-0.31,-0.17%)
NASDAQ : 16,736.04 (-65.50, -0.39%)
S&P500 : 5,267.84 (-39.17,-0.74%)
DJIA : 39,065.26 (-605.78,-1.53%)

USD/MYR : 4.7038 (+0.0070)
SGD/MYR : 3.4859 (-0.0017)

Crude Oil : $76.91 (-0.28)
Gold : $2,330.68 (-50.45)

US stocks were lower after the close on Thursday, as losses in the Utilities, Financials and Consumer Goods sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average lost 1.53%, while the S&P 500 index fell 0.74%, and the NASDAQ Composite index declined 0.39%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2,394 to 481 and 45 ended unchanged; on the Nasdaq Stock Exchange, 2,617 fell and 740 advanced, while 116 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) POS (KLSE: 4634)
Technical BUY with +24.1% potential return
• Last: RM0.520 TP: RM0.595, RM0.645 SL: RM0.455
• Timeframe: 2 weeks to 2 months
• Shariah: YES

2) PTRB (KLSE: 0260)
Technical BUY on breakout (RM0.525) with +24.8% potential return
• Last: RM0.505 TP: RM0.565, RM0.655 SL: RM0.470
• Timeframe: 2 weeks to 2 months
• Shariah: YES

3) WELLCAL (KLSE: 7231)
Technical BUY on breakout (RM1.77) with +12.4% potential return
• Last: RM1.73 TP: RM1.94, RM1.99 SL: RM1.63
• 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

UOBKH Malaysia Trading Idea
24 May 2024

#TradingIdea #UOBKayHian #UOBKayHianMalaysia

UOBKH Singapore Retail Market Monitor
24 May 2024

Short Term Opportunity:
1) Thai Beverage (SGX: Y92)
Technical BUY Range S$0.500-0.505
Last: S$0.515
TP: S$0.560
SL: S$0.480

2) Raffles Medical Group (SGX: BSL)
Technical BUY Range S$1.02-1.03
Last: S$1.04
TP: S$1.12
SL: S$1.00


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

UOBKH Hong Kong Retail Market Monitor
24 May 2024

Short Term Opportunity:
1) Tongcheng Travel Holdings Limited (HKEX: 780)
Technical BUY Range HK$17.50-17.90
Last: HK$17.90
TP: HK$20.90/HK$22.50
SL: HK$15.50

2) Zijin Mining Group Co., Ltd. (HKEX: 2899)
Technical BUY Range HK$17.00-17.48
Last: HK$17.48
TP: HK$19.24/HK$20.10
SL: HK$16.14

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

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

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

UOBKH Retail Market Monitor
27 May 2024

FBMKLCI: 1,619.40 (-9.78)
Support: 1,600, 1,575
Resistance: 1,635, 1,650

Bursa Top Gainers:
SIME (+2.1%), KLK (+1.6%), GENTING (+0.42%)

Bursa Top Losers:
YTLPOWR (-8.0%), YTL (-5.2%), PETDAG (-2.6%)

Bursa Trade Statistics
Local Institutions (47.41%): +RM96.97m
Local Retail (24.42%): -RM20.20m
Foreign (28.17%): -RM76.77m

Global Equity Indexes
MSCI Asia : 179.39 (-1.41, -0.78%)
NASDAQ : 16,920.79 (+184.76, +1.10%)
S&P500 : 5,304.72 (+36.88, +0.70%)
DJIA : 39,069.59 (+4.33, +0.01%)

USD/MYR : 4.7115 (+0.0077)
SGD/MYR : 3.4889 (+0.0030)

Crude Oil : $77.80 (+0.08)
Gold : $2,336.52 (+2.69)

US stocks were higher after the close on Friday, as gains in the Technology, Utilities and Basic Materials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average added 0.01%, while the S&P 500 index added 0.70%, and the NASDAQ Composite index climbed 1.10%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 2,004 to 826 and 63 ended unchanged; on the Nasdaq Stock Exchange, 2,045 rose and 1,293 declined, while 140 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) LOTUS (KLSE: 8303)
Technical BUY with +31.1% potential return
* Last: RM0.225 TP: RM0.27, RM0.295 SL: RM0.18
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) MESB (KLSE: 7234)
Technical BUY with +25.5% potential return
* Last: RM0.49 TP: RM0.56, RM0.615 SL: RM0.425
* Timeframe: 2 weeks to 2 months
* Shariah: NO

3) MHB (KLSE: 5186)
Technical BUY with +23.3% potential return
* Last: RM0.515 TP: RM0.59, RM0.635 SL: RM0.46
* 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
27 May 2024

#TradingIdea #UOBKayHian #UOBKayHianMalaysia

UOBKH Singapore Retail Market Monitor
27 May 2024

Short Term Opportunity:
1) Sembcorp Industries (SGX: U96)
Technical SELL range S$ 5.18-5.20
Last: S$ 5.07
TP: S$ 4.60
SL: S$ 5.40

2) Riverstone Holdings (SGX: AP4)
Technical SELL range S$ 0.915-0.920
Last: S$ 0.895
TP: S$ 0.820
SL: S$ 0.950


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

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

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

LIVE WEBINAR

Fundamental of Technical Analysis in Stock Trading

Presented by Fakhrul Asyraq
Investment Analyst, UOB Kay Hian

📅 Tuesday, 4 June 2024
⏰ 6.00pm – 8.00pm

Talk is in English and open to public.

REGISTER NOW!
https://attendee.gotowebinar.com/regi.../1664828165938919767

#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian

LIVE WEBINAR

Fundamental Analysis in Stock Trading

Presented by Jack Goh
Investment Analyst, UOB Kay Hian


📅 Tuesday, 11 June 2024
⏰ 6.00pm – 8.00pm

Talk is in English and open to public.

REGISTER NOW!
https://attendee.gotowebinar.com/register/8281200958732163420

#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian

UOBKH Retail Market Monitor
28 May 2024

FBMKLCI: 1,619.05 (+0.35)
Support: 1,600, 1,575
Resistance: 1,635, 1,650

Bursa Top Gainers:
MRDIY (+1.1%), TENAGA (+0.92%), YTL (+0.82%)

Bursa Top Losers:
SIME (-4.1%), KLK (-0.99%), PBBANK (-0.96%)

Bursa Trade Statistics
Local Institutions (44.79%): +RM171.78m
Local Retail (25.80%): +RM2.77m
Foreign (29.41%): -RM174.56m

Global Equity Indexes
MSCI Asia : 179.39 (-1.41,-0.78%)
NASDAQ : 16,920.79 (+184.76, +1.10%)
S&P500 : 5,304.72 (+36.88,+0.70%)
DJIA : 39,069.59 (+4.33,+0.01%)

USD/MYR : 4.6973 (-0.0142)
SGD/MYR : 3.4832 (-0.0057)

Crude Oil : $78.71 (+0.91)
Gold : $2,352.56 (+16.04)


US market closed for public holiday.

Stocks To Watch:

1) HAILY (KLSE: 0237)
Technical BUY with +22.2% potential return
* Last: RM0.54 TP: RM0.595, RM0.66 SL: RM0.475
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) JTGROUP (KLSE: 0292)
Technical BUY on breakout (RM 0.33) with +19.7% potential return
* Last: RM0.325 TP: RM0.375, RM0.395 SL: RM0.275
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) LIONIND (KLSE: 4235)
Technical BUY on breakout (RM 0.32) with +32.8% potential return
* Last: RM0.295 TP: RM0.395, RM0.425 SL: RM0.26
* 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
28 May 2024

#TradingIdea #UOBKayHian #UOBKayHianMalaysia

👩🏻‍💻 UPCOMING WEBINAR.
Open to All.

Small/ Mid-Cap Trends - SG & HK Market

Our top picks, including a glove stock up 18%, showed positive returns. We'll highlight a semiconductor manufacturer and a consumer stock boosted by strong Chinese consumption. Selecting stocks with attractive valuations is key in a volatile market.

📅 Date: 4 June 2024
🕔 Time: 6.30pm to 7.30pm
👨Speaker:
1. John Cheong, Head of Retail Research, UOB Kay Hian Singapore
2. Curtis Yeung, Strategist, UOB Kay Hian Hong Kong

REGISTER NOW!
https://attendee.gotowebinar.com/register/6610322615664323415?source=my

#UOBKayHian
#UOBKayHianEvents

UOBKH Singapore Retail Market Monitor
28 May 2024

Short Term Opportunity:
1) SATS (SGX: S58)
Technical BUY Range S$2.57-2.58
Last: S$2.65
TP: S$2.80
SL: S$2.50


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