UOBKH Singapore Retail Market Monitor
12 June 2024

Short Term Opportunity:
1) Keppel DC REIT (SGX: AJBU)
Technical BUY Range S$1.78-1.79
Last: S$1.79
TP: S$1.92
SL: S$1.75

2) iFAST Corp (SGX: AIY)
Technical BUY Range S$6.98-6.99
Last: S$7.00
TP: S$7.61
SL: S$6.81


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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
12 June 2024

Short Term Opportunity:
1) Meituan (HKEX: 3690)
Technical BUY Range HK$113.50-116.00
Last: HK$115.30
TP: HK$124.00/HK$129.20
SL: HK$109.00

2) China Resources Beer (HKEX: 0291)
Technical BUY Range HK$32.10-32.60
Last: HK$30.00
TP: HK$34.05/HK$35.45
SL: HK$31.30

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

Join UOB Kay Hian at Invest Fair 2024 Booth No. 143 & 147

We are thrilled to announce that UOB Kay Hian is a proud Gold Sponsor of Invest Fair 2024🤩

As Malaysia's largest investment exhibition, this event holds immense significance, and we are delighted to be a part of it. Make sure to visit us at Booth 143 & 147, where we eagerly await your presence!

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How Apple's Rising Stock Boosted the U.S. Stock Market? 🍎📈

Join Paul DeVierno as he explores Apple's Stock Surge, Inflation Concerns, and Market Complexities! He also delved into the booming healthcare sector and the energy sector and the potential U.S. recession. Watch now! 📊

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

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UOBKH Retail Market Monitor
13 June 2024

FBMKLCI: 1,608.95 (-2.54)
Support: 1,575, 1,562
Resistance: 1,615, 1,635

Bursa Top Gainers:
KLK (+1.9%), TM (+1.7%), MRDIY (+1.6%)

Bursa Top Losers:
PMETAL (-1.4%), MISC (-1.3%), PETGAS (-0.88%)

Bursa Trade Statistics
Local Institutions (46.14%): +RM53.56m
Local Retail (26.95%): +RM29.14m
Foreign (26.91%): -RM82.70m

Global Equity Indexes
MSCI Asia : 179.12 (-1.10,-0.61%)
NASDAQ : 17,608.44 (+264.89, +1.53%)
S&P500 : 5,421.03 (+45.71,+0.85%)
DJIA : 38,712.21 (-35.21,-0.09%)

USD/MYR : 4.7080 (-0.0108)
SGD/MYR : 3.4920 (+0.0047)

Crude Oil : $78.32 (+0.22)
Gold : $2,320.63 (-13.17)

US stocks were mixed after the close on Wednesday, as gains in the Technology, Industrials and Consumer Services sectors led shares higher while losses in the Telecoms, Oil & Gas and Utilities sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average declined 0.09%, while the S&P 500 index added 0.85%, and the NASDAQ Composite index added 1.54%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,921 to 905 and 102 ended unchanged; on the Nasdaq Stock Exchange, 1,987 rose and 1,376 declined, while 130 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) BESHOM (KLSE: 7668)
Technical BUY with +25.3% potential return
• Last: RM0.990 TP: RM1.19, RM1.24 SL: RM0.965
• Timeframe: 2 weeks to 2 months
• Shariah: NO

2) CABNET (KLSE: 0191)
Technical BUY on breakout (RM0.265) with +30.2% potential return
• Last: RM0.260 TP: RM0.310, RM0.345 SL: RM0.225
• Timeframe: 2 weeks to 2 months
• Shariah: YES

3) ROHAS (KLSE: 9741)
Technical BUY with +20.3% potential return
• Last: RM0.370 TP: RM0.420, RM0.445 SL: RM0.330
• 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
13 June 2024

Follow our official UOB Kay Hian Instagram page for event updates: https://www.instagram.com/uobkayhianmalaysia/

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UOBKH Singapore Retail Market Monitor
13 June 2024

Short Term Opportunity:
1) Jiutian Chemical Group (SGX: C8R)
Technical BUY Range S$0.026-0.027
Last: S$0.027
TP: S$0.033
SL: S$0.025

2) Top Glove Corp (SGX: BVA)
Technical BUY Range S$0.310-0.315
Last: S$0.315
TP: S$0.350
SL: S$0.300


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
13 June 2024

Short Term Opportunity:
1) TCL Electronics Holdings Limited (HKEX: 1070)
Technical BUY Range HK$6.10-6.20
Last: HK$6.02
TP: HK$6.40/HK$6.70
SL: HK$5.85

2) New World Development Company Limited (HKEX: 0017)
Technical BUY Range HK$7.60-7.70
Last: HK$7.78
TP: HK$8.15/HK$8.55
SL: HK$7.40

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

👩🏻‍💻 UPCOMING WEBINAR.
Open to All.

Greater China 2H24 Strategy - Further Re-rating on Policy Clarity

MSCI China index may hit 11.5x by 3Q24 (index target of 70 pts), driven by clearer policies. The July 3rd Plenum may support property and local government debt. Geopolitical risks could rise before the US elections, making 3Q24 a potential peak despite a positive 2025 outlook. Preferred sectors are consumer discretionary, financials, industrials, IT, and materials. Join Mun Hon's 2H24 Greater China Strategy webinar for insights.

📅 Date: 13 June 2024
🕔 Time: 6.30pm to 7.30pm
👨Speaker: Tham Mun Hon, Head of Research, Greater China, UOB Kay Hian


REGISTER NOW!
https://attendee.gotowebinar.com/register/6144695938132817493?source=my

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UOBKH Retail Market Monitor
14 June 2024

FBMKLCI: 1,610.17 (+1.22)
Support: 1,575, 1,562
Resistance: 1,615, 1,635

Bursa Top Gainers:
PMETAL (+2.9%), YTLPOWR (+2.6%), TENAGA (+1.9%)

Bursa Top Losers:
TM (-3.0%), SIME (-2.3%), CDB (-1.6%)

Bursa Trade Statistics
Local Institutions (45.29%): -RM91.58m
Local Retail (24.35%): -RM105.82m
Foreign (30.36%): +RM197.40m

Global Equity Indexes
MSCI Asia : 179.79 (-0.67, +0.37%)
NASDAQ : 17,667.56 (+59.12, +0.34%)
S&P500 : 5,433.74 (+12.71,+0.23%)
DJIA : 38,647.10 (-65.11, -0.17%)

USD/MYR : 4.7102 (+0.0022)
SGD/MYR : 3.4853 (-0.0067)

Crude Oil : $77.83 (-0.49)
Gold : $2,302.32 (-18.31)

US stocks were mixed after the close on Thursday, as gains in the Technology, Consumer Goods and Telecoms sectors led shares higher while losses in the Oil & Gas, Consumer Services and Industrials sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average declined 0.17%, while the S&P 500 index added 0.23%, and the NASDAQ Composite index added 0.33%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1,872 to 968 and 88 ended unchanged; on the Nasdaq Stock Exchange, 2,264 fell and 1,107 advanced, while 119 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) CFM (KLSE: 8044)
Technical BUY with +44.1% potential return
• Last: RM0.170 TP: RM0.225, RM0.245 SL: RM0.120
• Timeframe: 2 weeks to 2 months
• Shariah: NO

2) HPPHB (KLSE: 0228)
Technical BUY on breakout (RM0.375) with +32.0% potential return
• Last: RM0.355 TP: RM0.435, RM0.495 SL: RM0.330
• Timeframe: 2 weeks to 2 months
• Shariah: YES

3) KKB (KLSE: 9466)
Technical BUY with +10.9% potential return
• Last: RM1.84 TP: RM1.99, RM2.04 SL: RM1.72
• 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
14 June 2024

Follow our official UOB Kay Hian Instagram page for event updates: https://www.instagram.com/uobkayhianmalaysia/

#TradingIdea #UOBKayHian #UOBKayHianMalaysia

UOBKH Hong Kong Retail Market Monitor
14 June 2024

Short Term Opportunity:
1) China Resources Power Holdings (HKEX: 0836)
Technical BUY Range HK$22.60-23.00
Last: HK$24.00
TP: HK$24.10/HK$24.80
SL: HK$22.00

2) Wharf Real Estate Investment (HKEX: 1997)
Technical BUY Range HK$22.55-22.85
Last: HK$21.60
TP: HK$23.80/HK$24.45
SL: HK$21.80

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 - CANTONESE

Riding the Wave of AI-Driven Change: Capturing Keys in Market Volatility

📅 Tuesday, 18 June 2024
⏰7:00pm – 8:00pm

This webinar will be hosted in Cantonese and open to the public.

Register Now!
https://register.gotowebinar.com/register/8196854124091735388?source=MY
__

As AI technology rapidly advances, the global stock market is experiencing a boom. As investors, in this moment filled with opportunities and uncertainties, how to utilize different investment products to respond to market volatility becomes a key factor for success. In this webinar, we will highlight key points to help you seize investment opportunities and avoid missing out.

Speaker:
Mr. Pierce Tam
CME External Educator
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#UOBKHHK

What happens if there's a TIE between
Trump and Biden? 🥊💥

Join Paul DeVierno to gain insights on the neck-and-neck battle between Trump and Biden. Despite Trump's lead in polls, recent shift hint at a close contest with swing states pivotal. Explore the possibility of an electoral tie and the rare House decision. Watch now on this exciting election! 🗳

Click the link to watch: https://fb.watch/sHJK1PTKN4/

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Salam Aidiladha from UOB Kay Hian

Salam Aidiladha to all Muslims. May we all remember this Eid to show forgiveness, speak for truth and ignite hope in ourselves.


#UOBKayHianMalaysia #UOBKayHianGreets
#UTRADE

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Follow our official UOB Kay Hian Instagram page for event updates: https://www.instagram.com/uobkayhianmalaysia/

UOBKH Retail Market Monitor
18 June 2024

FBMKLCI: 1,607.32 (+2.85)
Support: 1,575, 1,562
Resistance: 1,615, 1,635

Bursa Top Gainers:
YTLPOWR (+2.3%), YTL (+1.7%), CDB (+1.1%)

Bursa Top Losers:
PMETAL (-3.0%), PETGAS (-1.9%), SIME (-1.6%)

Bursa Trade Statistics
Local Institutions (45.40%): +RM21.00m
Local Retail (24.43%): +RM37.00m
Foreign (30.17%): -RM58.00m

Global Equity Indexes
MSCI Asia : 179.61 (-0.17,-0.09%)
NASDAQ : 17,857.02 (+168.14, +0.95%)
S&P500 : 5,473.23 (+41.63,+0.77%)
DJIA : 38,778.10 (+188.94,+0.49%)

USD/MYR : 4.7125 (+0.0023)
SGD/MYR : 3.4860 (+0.0007)

Crude Oil : $80.39 (+2.56)
Gold : $2,321.48 (-19.16)

US stocks were higher after the close on Monday, as gains in the Consumer Goods, Consumer Services and Technology sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average gained 0.49%, while the S&P 500 index gained 0.77%, and the NASDAQ Composite index added 0.94%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,636 to 1,192 and 105 ended unchanged; on the Nasdaq Stock Exchange, 1,690 fell and 1,680 advanced, while 126 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) CITAGLB (KLSE: 7245)
Technical BUY on breakout (RM1.18) with +13.6% potential return
* Last: RM1.16 TP: RM1.27, RM1.34 SL: RM1.11
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) FLEXI (KLSE: 0231)
Technical BUY with +28.3% potential return
* Last: RM0.23 TP: RM0.265, RM0.295 SL: RM0.185
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) LBICAP (KLSE: 8494)
Technical BUY on breakout (RM0.535) with +17.8% potential return
* Last: RM0.525 TP: RM0.595, RM0.63 SL: RM0.48
* Timeframe: 2 weeks to 2 months
* Shariah: NO

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