UOBKH Retail Market Monitor
9 July 2024

FBMKLCI: 1,611.02 (-5.73)
Support: 1,600, 1,575
Resistance: 1,635, 1,650

Bursa Top Gainers:
PETDAG (+1.3%), SIME (+1.2%), PPB (+0.90%)

Bursa Top Losers:
CDB (-1.9%), YTLPOWR (-1.7%), AXIATA (-1.6%)

Bursa Trade Statistics
Local Institutions (46.96%): -RM11.00m
Local Retail (25.19%): +RM 0
Foreign (27.85%): +RM11.00m

Global Equity Indexes
MSCI Asia : 184.44 (-0.17,-0.09%)
NASDAQ : 18,403.74 (+50.98, +0.28%)
S&P500 : 5,572.85 (+5.66,+0.10%)
DJIA : 39,344.79 (-31.08,-0.08%)

USD/MYR : 4.7093 (+0.0003)
SGD/MYR : 3.4903 (+0.0047)

Crude Oil : $82.27 (-1.78)
Gold : $2,362.57 (+5.22)

On Wall Street, the benchmark S&P 500 continued its record run Monday, closing at all-time highs for a fourth-straight session despite cautious sentiment ahead of testimony by Federal Reserve Chair Jerome Powell to Congress and key inflation data this. S&P 500 climbed 0.06% to fresh closing record of 5,570.73 and NASDAQ Composite rose 0.2% to closing record, the Dow Jones Industrial Average fell 31 points, or 0.1%.. (Source: Investing.com)

Stocks To Watch:

1) KOBAY (KLSE: 6971)
Technical BUY with +27.7% potential return
* Last: RM2.35 TP: RM2.58, RM2.99 SL: RM2.09
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) AFFIN (KLSE: 5185)
Technical BUY on breakout (RM 2.63) with +19.2% potential return
* Last: RM2.600 TP: RM2.99, RM3.10 SL: RM2.36
* Timeframe: 2 weeks to 2 months
* Shariah: NO

3) BJLAND (KLSE: 4219)
Technical BUY on breakout (RM0.42) with +22.2% potential return
* Last: RM0.405 TP: RM0.475, RM0.495 SL: RM0.355
* Timeframe: 2 weeks to 2 months
* Shariah: NO

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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
9 July 2024
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UOBKH Hong Kong Retail Market Monitor
9 July 2024

Short Term Opportunity:
1) CGN Power Co., Ltd (HKEX: 1816)
Technical BUY range HK$ 3.55- 3.60
Last: HK$ 3.61
TP: HK$ 3.74/ HK$ 3.84
SL: HK$ 3.44

2) Cathay Pacific Airways Limited (HKEX: 293)
Technical BUY range HK$ 8.23-8.28
Last: HK$ 8.17
TP: HK$ 8.50/ HK$ 8.65
SL: HK$ 8.05

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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 Singapore Retail Market Monitor
9 July 2024

Short Term Opportunity:
1) Venture Corp (SGX: V03)
Technical Buy range S$14.27-14.30
Last: S$ 14.69
TP: S$ 15.20
SL: S$ 13.90

2) iFast Corp (SGX: AIY)
Technical Buy range S$7.45-7.46
Last: S$ 7.50
TP: S$ 8.30
SL: S$ 7.28

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

UOB Kay Hian Investment Carnival 2H24

Fundamental Analysis Masterclass

Presenter: Jack Goh, Research Analyst, UOB Kay Hian Malaysia

🗓️: Saturday, 20 Jul 2024
⏰: 9.30am – 12.30pm
Language: English

Register Now
https://attendee.gotowebinar.com/register/7660912573495174997

When markets are falling left and right and stock counters that used to be on the pricey side can now be bought, how then do you choose which counters or sectors will have better bullish potentials, fundamentally speaking? Learn about Fundamental Analysis in Stock Trading from our best FA guru to get your answers. Join this approximately 3 hours online class and learn how to apply FA tips and tricks in your daily trading. Have questions during the class? Ask away. Decide to learn something new today.

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UOB Kay Hian Investment Carnival 2H24

Kelas Mahir Saham Analisis Teknikal

Presenter: Fakhrul Asyraq, Investment Analyst, UOB Kay Hian Malaysia

🗓️: Sabtu, 20 Jul 2024
⏰: 2.00pm – 5.00pm
Language: Bahasa

Register Now
https://attendee.gotowebinar.com/register/7172457831390577494

Jom ikuti kelas mahir saham dengan dengan hero analisis teknikal UOB Kay Hian, saudara Mohd Fakhrul Asyraq. Kelas lebih kurang 3 jam ini akan membawa anda untuk mendalami kaedah-kaedah perdagangan saham berasaskan analisis teknikal dari prinsip teras hinggalah ke peringkat mahir. Kaedah-kaedah ini boleh digunapakai dalam perdagangan saham Bursa Malaysia yang konvensional mahupun saham patuh Shariah. Kelas disampaikan dalam Bahasa Melayu dan menggunakan terminologi asal dalam Bahasa Inggeris untuk memudahkan pemahaman.

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UOB Kay Hian Investment Carnival 2H24

Hedging the Unknowns: Balancing Optimism and Caution

Presenter: Mohd Sedek Jantan, Head of Wealth Research & Advisory, Designated Portfolio Manager,UOB Kay Hian Malaysia

🗓️: Monday, 22 Jul 2024
⏰: 6.00pm – 7.30pm
Language: English

Register Now
https://bit.ly/MYHedgingtheunknown2H24

Our upcoming event, "Hedging the Unknowns: Balancing Optimism and Caution" tackles this challenge.Mohd Sedek will explore strategies for achieving this balance, particularly in a high-interest-rate environment. He'll discuss the impact of current events like monetary policy shifts, geopolitical crises, and climate change. You'll learn key strategies like diversification, duration management, and investing in defensive sectors. The potential of alternative assets like crypto will also be explored.

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UOB Kay Hian Investment Carnival 2H24

Menghadapi Ketidakpastian: Bagaimana Mengimbangi Optimisme dan Waspada dalam Pelaburan?

Presenter: Mohd Sedek Jantan, Head of Wealth Research & Advisory, Designated Portfolio Manager,UOB Kay Hian Malaysia

🗓️: Tuesday, 23 Jul 2024
⏰: 6.00pm – 7.30pm
Language: Bahasa

Register Now
https://bit.ly/MYMenghadapiKetidakpastian2H24

Webinar "Menghadapi Ketidakpastian: Bagaimana Mengimbangi Optimisme dan Waspada dalam Pelaburan?" akan mengetengahkan cara-cara untuk mencapai keseimbangan ini terutamanya dalam persekitaran kadar faedah tinggi. Beliau akan membincangkan kesan-kesan daripada peralihan dasar monetari, krisis geopolitik dan perubahan iklim. Anda akan mempelajari strategi utama seperti kepelbagaian, pengurusan tempoh dan pelaburan dalam sektor pertahanan. Potensi aset alternatif seperti crypto juga akan diterokai.

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UOB Kay Hian Investment Carnival 2H24

Malaysia Market Outlook 2H24

Presenter: Vincent Khoo, Managing Director, Strategy, UOB Kay Hian Malaysia

🗓️: Friday, 26 Jul 2024
⏰: 6.00pm – 7.30pm
Language: English

Register Now
https://bit.ly/MYMarketOutlook2H24

Expect a steadily rising FBMKLCI beyond the current consolidation period, as a dovish sentiment on US interest rate amplifies the effects of robust domestic liquidity. We recently raised our end-24 FBMKLCI target to 1,735, and advocate a risk-on strategy that capitalises on particularly the mid cap beneficiaries of compelling investment themes – technology, blockchain, Iskandar 2.0 and mega infrastructure, China’s recovery, industrial commodities, and the Green Agenda.

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UOBKH Retail Market Monitor
10 July 2024

FBMKLCI: 1,614.42 (+3.40)
Support: 1,600, 1,575
Resistance: 1,635, 1,650

Bursa Top Gainers:
PBBANK (+1.7%), AMBANK (+1.6%), PMETAL (+1.50%)

Bursa Top Losers:
GENTING (-1.9%), SDG (-1.9%), YTL (-1.6%)

Bursa Trade Statistics
Local Institutions (42.27%): +RM23.82m
Local Retail (20.91%): -RM69.85m
Foreign (36.82%): +RM46.03m

Global Equity Indexes
MSCI Asia : 184.07 (-0.37,-0.20%)
NASDAQ : 18,429.29 (+25.55, +0.14%)
S&P500 : 5,576.98 (+4.13,+0.07%)
DJIA : 39,291.97 (-52.82,-0.13%)

USD/MYR : 4.7085 (-0.0008)
SGD/MYR : 3.4864 (-0.0039)

Crude Oil : $81.65 (-0.62)
Gold : $2,365.74 (+3.17)

On Wall Street, the S&P 500 closed at a record high Tuesday for the fifth-straight session as testimony from Federal Reserve Chair Jerome Powell didn't sway investors from bets on a first rate cut in September. S&P 500 rose 0.1% to a fresh record of 5,577.03. The NASDAQ Composite added 0.2%, extending its record run, the Dow Jones Industrial Average fell 53 points, or 0.1%. (Source: Investing.com)

Stocks To Watch:

1) HIAPTEK (KLSE: 5072)
Technical BUY with +25.3% potential return
* Last: RM0.475 TP: RM0.565, RM0.595 SL: RM0.455
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) MATRIX (KLSE: 5236)
Technical BUY with +19.8% potential return
* Last: RM1.87 TP: RM2.14, RM2.24 SL: RM1.80
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) PHARMA (KLSE: 7081)
Technical BUY with +23.8% potential return
* Last: RM0.400 TP: RM0.465, RM0.495 SL: RM0.360
* 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 July 2024
___
Join UOB Kay Hian Investment Carnival 2H24
For more info, please click the link below:

👉 https://bit.ly/UOBKayHianInvestmentCarnival2H2024
👉 https://bit.ly/UOBKayHianInvestmentCarnival2H2024
👉 https://bit.ly/UOBKayHianInvestmentCarnival2H2024

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

#TradingIdea #UOBKayHian #UOBKayHianMalaysia

UOB Kay Hian Investment Carnival 2H24

Singapore Market Outlook

Presenters:
1. Adrian Loh, Head of Research, UOB Kay Hian Singapore
2. Geoff Howie, Market Strategist, SGX Group
3. John Cheong, Head of Small Mid Cap Research, UOB Kay Hian Singapore

🗓️: Wednesday, 10 Jul 2024
⏰: 7.00pm – 8.30pm
Language: English

Register Now
https://bit.ly/SGMarketOutlook2H24

The second half of 2024 presents a cautiously optimistic outlook for the stock market. Key risks include lack of interest rate cuts, persistent inflation, and geopolitical uncertainties. The Singapore market remains defensive, providing a solid foundation for investors’ diversified portfolios, yet it also offers pockets of alpha across various sectors.

View Other Upcoming Events
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UOBKH Singapore Retail Market Monitor
10 July 2024

Short Term Opportunity:
1) SATS (SGX: S58)
Technical Buy range S$2.96-2.97
Last: S$ 3.04
TP: S$ 3.29
SL: S$ 2.91

2) Yangzijiang Financial Holding (SGX: YF8)
Technical Buy range S$0.345-0.350
Last: S$ 0.350
TP: S$ 0.380
SL: S$ 0.335

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
10 July 2024

Short Term Opportunity:
1) Kuaishou Technology (HKEX: 1024)
Technical BUY range HK$ 47.85-48.70
Last: HK$ 47.60
TP: HK$ 50.00/ HK$ 53.10
SL: HK$ 46.10

2) China Communication Services Corporation Limited (HKEX: 552)
Technical BUY range HK$ 4.30-4.40
Last: HK$ 4.57
TP: HK$ 4.50/ HK$ 4.78
SL: HK$ 4.20

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
11 July 2024

FBMKLCI: 1,618.38 (+3.96)
Support: 1,600, 1,575
Resistance: 1,635, 1,650

Bursa Top Gainers:
TM (+1.8%), CIMB (+1.7%), YTL (+1.6%)

Bursa Top Losers:
AXIATA (-2.0%), MISC (-0.9%), PCHEM (-0.8%)

Bursa Trade Statistics
Local Institutions (46.69%): +RM9.12m
Local Retail (21.77%): -RM51.14m
Foreign (31.54%): +RM42.02m

Global Equity Indexes
MSCI Asia : 185.01 (+0.94, +0.51%)
NASDAQ : 18,647.45 (+218.16, +1.18%)
S&P500 : 5,633.91 (+56.93, +1.02%)
DJIA : 39,721.36 (+429.39, +1.09%)

USD/MYR : 4.6960 (-0.0037)
SGD/MYR : 3.4825 (-0.0005)

Crude Oil : $82.49 (+0.39)
Gold : $2,371.76 (+0.50)

On Wall Street, the S&P 500 closed above 5,600 for the first time Wednesday, led by tech and ongoing hopes for sooner rate as Fed Chair Jerome Powell delivered his second-day of testimony before Congress, a day ahead of fresh inflation data. S&P 500 rose 1.0% to 5,633.50, a sixth straight record session. The NASDAQ Composite rose 1% to a closing all-time. The Dow Jones Industrial Average traded 442 points, or 1%, higher. (Source: Investing.com)

Stocks To Watch:

1) GADANG (KLSE: 9261)
Technical BUY with +33.3% potential return
* Last: RM0.48 TP: RM0.52, RM0.64 SL: RM0.445
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) CYPARK (KLSE: 5184)
Technical BUY with +19.8% potential return
* Last: RM0.885 TP: RM0.95, RM1.06 SL: RM0.875
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) INSAS (KLSE: 3379)
Technical BUY with +15.3% potential return
* Last: RM1.11 TP: RM1.19, RM1.28 SL: RM1.02
* 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