UOB Kay Hian Malaysia (Official)
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Daily local, regional and global stock trading and wealth building investment ideas.

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UOBKH Malaysia Trading Idea
12 July 2024
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Follow our official UOB Kay Hian Instagram page for event updates: https://www.instagram.com/uobkayhianmalaysia/

#TradingIdea #UOBKayHian #UOBKayHianMalaysia
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UOBKH Singapore Retail Market Monitor
12 July 2024


Short Term Opportunity:
1) First Resources (SGX: EB5)
Technical BUY range S$ 1.40-1.41
Last: S$ 1.44
TP: S$ 1.55
SL: S$ 1.35

2) Frasers Centrepoint Trust (SGX: J69U)
Technical BUY range S$ 2.16-2.17
Last: S$ 2.19
TP: S$ 2.31
SL: S$ 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
UOBKH Hong Kong Retail Market Monitor
12 July 2024

Short Term Opportunity:
1) TsingTao Brewery Company Limited (HKEX: 168)
Technical BUY range HK$50.30-51.15
Last: HK$ 50.55
TP: HK$ 52.95/ HK$ 55.60
SL: HK$ 48.00

2) AIA Group Limited (HKEX: 1299)
Technical BUY range HK$53.95-54.60
Last: HK$ 54.25
TP: HK$ 57.20/ HK$ 58.35
SL: HK$ 51.60

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
👍1
UOB Kay Hian Investment Carnival 2H24

The Malaysia Power Crunch

Presenter: Chong Lee Len, Associate Director, UOB Kay Hian Malaysia

🗓️: Thursday, 25 Jul 2024
: 6.00pm – 7.30pm
Language: English

Register Now
https://bit.ly/3W2clpj

Malaysia demand for electricity is expected to rise, matching increase plant up of data centres in the country. We explore opportunities, issues and trend in the upcoming presentation.

___

View Other Upcoming Events
https://bit.ly/UOBKayHianInvestmentCarnival2H2024

#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian
#UOBKayHianInvestmentCarnival
UOBKH Retail Market Monitor
15 July 2024

FBMKLCI: 1,619.06 (-4.06)
Support: 1,600, 1,575
Resistance: 1,635, 1,650

Bursa Top Gainers:
SIME (+1.5%), PETGAS (+1.5%), GENTING (+1.1%)

Bursa Top Losers:
YTLPOWR (-3.9%), YTL (-2.1%), PETDAG (-1.4%)

Bursa Trade Statistics
Local Institutions (45.70%): -RM41.29m
Local Retail (20.77%): +RM40.36m
Foreign (33.53%): +RM0.94m

Global Equity Indexes
MSCI Asia : 187.97 (-0.54,-0.29%)
NASDAQ : 18,398.45 (+115.04, +0.63%)
S&P500 : 5,615.35 (+30.81,+0.55%)
DJIA : 40,000.90 (+247.15,+0.62%)

USD/MYR : 4.6775 (-0.01)
SGD/MYR : 3.4830 (+0.0041)

Crude Oil : $82.14 (-0.85)
Gold : $2,406.75(-5.80)

On Wall Street, US stocks rose on Friday with the DJIA closing just shy of a fresh closing record despite hitting an all-time after shrugging off a modest uptick in wholesale inflation as investors digested better-than-expected quarterly earnings from a slew of Wall Street banks. The DJIA rose 1.1% to close just shy of a record of 40,003 set on May 13, despite earlier hitting an intraday all-time high of 40,257.24. The NASDAQ Composite added 0.6% while the S&P 500 was up 0.5%. (Source: Investing.com)

Stocks To Watch:

1) EKOVEST (KLSE: 8877)
Technical BUY with +21.8% potential return
* Last: RM0.505 TP: RM0.54, RM0.615 SL: RM0.46
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) TEOSENG (KLSE: 7252)
Technical BUY with +23.3% potential return
* Last: RM1.80 TP: RM1.96, RM2.22 SL: RM1.67
* Timeframe: 2 weeks to 2 months
* Shariah: NO

3) RSAWIT (KLSE: 5113)
Technical BUY with +38.5% potential return
* Last: RM0.26 TP: RM0.30, RM0.36 SL: RM0.215
* 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
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UOBKH Malaysia Trading Idea
15 July 2024
___

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

#TradingIdea #UOBKayHian #UOBKayHianMalaysia
👍1
UOB Kay Hian Investment Carnival 2H24

Singapore Aviation & US Market Outlook

Presenters:
1. Roy Chen, Senior Equity Analyst, Research, UOB Kay Hian Singapore
2. Paul De Vierno, Strategist, Private Wealth Management, UOB Kay Hian Singapore

🗓️: Thursday, 11 Jul 2024
: 6.30pm – 8.00pm
Language: English

Register Now
https://attendee.gotowebinar.com/register/3942410427471896160?source=my

Singapore Aviation
Singapore aviation nears pre-pandemic levels, but profitability faces headwinds. Look for opportunities in MRO and cargo. US stocks buoyed by AI adoption and anti-obesity drugs. Will the momentum continue?

US Market Outlook
We will dive into two forces that have been driving stocks higher this year: Artificial Intelligence (AI) and Glucagon-Like Peptide-1 (GLP-1). US corporates are jumping on the AI bandwagon.

View Other Upcoming Events
https://bit.ly/UOBKayHianInvestmentCarnival2H2024

Please feel free to forward this invitation
UOBKH Singapore Retail Market Monitor
15 July 2024


Short Term Opportunity:
1) Singapore Post (SGX: S08)
Technical Buy range S$0.440-0.445
Last: S$ 0.445
TP: S$ 0.490
SL: S$ 0.425

2) City Developments (SGX: C09)
Technical Buy range S$5.35-5.36
Last: S$ 5.49
TP: S$ 5.82
SL: S$ 5.19

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
👍1
UOB Kay Hian Investment Carnival 2H24

Singapore Banks & HK Market Outlook

Presenters:
1. Jonathan Koh, Director, Singapore Research, UOB Kay Hian Singapore
2. Curtis Yeung, Strategist, Retail Research, UOB Kay Hian Hong Kong

🗓️: Monday, 15 Jul 2024
: 6.30pm – 8.00pm
Language: English

Register Now
https://attendee.gotowebinar.com/register/6173197474438799189?source=my

Singapore Banks
Rising interest rates lift bank prospects despite inflation woes. NIM, ROE erosion to be moderate in eventual easing cycle.

Hong Kong Market Outlook
Hong Kong market surges on China's recovery, valuations attractive. July policy meeting eyed for further support.

View Other Upcoming Events
https://bit.ly/UOBKayHianInvestmentCarnival2H2024

Please feel free to forward this invitation
UOB Kay Hian Investment Carnival 2H24

CIO Series: Adapting Our China Strategy to the New Normal

Presenter: Qi Wang, Chief Investment Officer, UOB Kay Hian Singapore

🗓️: Thursday, 18 Jul 2024
: 6.30pm – 7.30pm
Language: English

Register Now
https://attendee.gotowebinar.com/register/8905698277303481431?source=my

Adapting Our China Strategy to the New Normal.
July is a critical month for Chinese equities, given the low base in macro data, the Third Plenum, and China A-share earnings. We’ll use these data points to formulate our views for the second half, and enhance our long-term investment strategy for China.

View Other Upcoming Events
https://bit.ly/UOBKayHianInvestmentCarnival2H2024

Please feel free to forward this invitation
UOB Kay Hian Investment Carnival 2H24

The Malaysia Power Crunch

Presenter: Chong Lee Len, Associate Director, UOB Kay Hian Malaysia

🗓️: Thursday, 25 Jul 2024
: 6.00pm – 7.30pm
Language: English

Register Now
https://bit.ly/3W2clpj

Malaysia demand for electricity is expected to rise, matching increase plant up of data centres in the country. We explore opportunities, issues and trend in the upcoming presentation.

View Other Upcoming Events
https://bit.ly/UOBKayHianInvestmentCarnival2H2024