UOBKH Retail Market Monitor
31 July 2024

FBMKLCI: 1,611.94 (-12.62)
Support: 1,610, 1,600
Resistance: 1,650, 1,677

Bursa Top Gainers:
SIME (+1.6%), QL (+1.2%), KLK (+0.87%)

Bursa Top Losers:
YTL (-4.2%), NESTLE (-3.6%), YTLPOWR (-3.0%)

Bursa Trade Statistics
Local Institutions (45.07%): -RM65.09m
Local Retail (22.02%): +RM37.60m
Foreign (32.91%): +RM27.49m

Global Equity Indexes
MSCI Asia : 180.63 (+1.85,+1.03%)
NASDAQ : 17,147.42 (-222.78, -1.28%)
S&P500 : 5,436.44 (-27.10,-0.50%)
DJIA : 40,743.33 (+203.40,+0.50%)

USD/MYR : 4.6178 (-0.019)
SGD/MYR : 3.4398 (-0.0118)

Crude Oil : $75.22 (+0.49)
Gold : $2,408.63 (-2.15)

The S&P 500 and Nasdaq closed lower on Tuesday, weighed down by weak chip and megacap shares ahead of earnings from heavyweight tech companies this week, but the Dow managed modest gains. The Dow Jones Industrial Average rose 203.40 points, or 0.5%, to 40,743.33, the S&P 500 lost 27.10 points, or 0.5%, to 5,436.44 and the Nasdaq Composite lost 222.78 points, or 1.28%, to 17,147.42. (Source: Investing.com)

Stocks To Watch:

1) BETA (KLSE: 0263)
Technical BUY with +29.8% potential return
* Last: RM0.42 TP: RM0.51, RM0.545 SL: RM0.375
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) DIALOG (KLSE: 7277)
Technical BUY with +15.5% potential return
* Last: RM2.52 TP: RM2.81, RM2.91 SL: RM2.29
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) DXN (KLSE: 5318)
Technical BUY on breakout (RM0.66) with +8.3% potential return
* Last: RM0.655 TP: RM0.695, RM0.715 SL: RM0.62
* Timeframe: 2 weeks to 2 months
* Shariah: YES

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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.

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UOBKH Malaysia Trading Idea
31 July 2024
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UOBKH Hong Kong Retail Market Monitor
31 July 2024

Short Term Opportunity:
1) Orient Overseas (International) Limited(HKEX: 316)
Technical BUY range HK$109.00-110.00
Last: HK$107.30
TP: HK$115.00/HK$124.00
SL: HK$104.00

2) China Pacific Insurance (Group) CO., Ltd. (HKEX: 2601)
Technical BUY range HK$19.20-19.40
Last: HK$19.68
TP: HK$20.50/HK$21.35
SL: HK$18.55

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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.

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UOBKH Singapore Retail Market Monitor
31 July 2024

Short Term Opportunity:
1) Venture Corp (SGX: V03)
Technical Buy range S$14.90-14.94
Last: S$14.96
TP: S$16.08
SL: S$14.59

2) Singapore Tech Engineering (SGX: S63)
Technical Buy range S$4.38-4.39
Last: S$4.39
TP: S$4.73
SL: S$4.29

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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.

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UOBKH Retail Market Monitor
1 August 2024

FBMKLCI: 1,625.57 (+13.63)
Support: 1,610, 1,600
Resistance: 1,650, 1,677

Bursa Top Gainers:
CIMB (+3.1%), PETDAG (+2.5%), MRDIY (+0.96%)

Bursa Top Losers:
PCHEM (-1.9%), AXIATA (-0.41%), MAXIS (-0.28%)

Bursa Trade Statistics
Local Institutions (39.73%): -RM140.91m
Local Retail (17.87%): +RM20.20m
Foreign (42.40%): +RM120.71m

Global Equity Indexes
MSCI Asia : 179.67 (-0.96,-0.53%)
NASDAQ : 17,599.40 (+451.98, +2.64%)
S&P500 : 5,522.30 (+85.86,+1.58%)
DJIA : 40,842.79 (+99.46,+0.24%)

USD/MYR : 4.5758 (-0.042)
SGD/MYR : 3.4254 (-0.0144)

Crude Oil : $78.59 (+0.68)
Gold : $2,445.50 (-2.10)

The S&P 500 and Nasdaq scored their biggest daily percentage gains since Feb. 22 and the Dow rose on Wednesday as chip stocks rallied and the Federal Reserve kept US interest rates unchanged while signalling possible easing in September if inflation cools. The Dow Jones Industrial Average rose 0.24% to 40,842.79, the S&P 500 gained 1.58% to 5,522.30 and the Nasdaq Composite advanced 2.64% to 17,599.40. (Source: Investing.com)

Stocks To Watch:

1) PTRANS (KLSE: 0186)
Technical BUY on breakout (RM0.59) with +32.2% potential return
* Last: RM0.58 TP: RM0.735, RM0.78 SL: RM0.655
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) KUB (KLSE: 6874)
Technical BUY on breakout (RM0.825) with +14.5% potential return
* Last: RM0.805 TP: RM0.895, RM0.945 SL: RM0.765
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) SYSTECH (KLSE: 0050)
Technical BUY on breakout (RM0.42) with +25.0% potential return
* Last: RM0.395 TP: RM0.48, RM0.525 SL: RM0.355
* Timeframe: 2 weeks to 2 months
* Shariah: YES

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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.

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UOBKH Malaysia Trading Idea
1 August 2024
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Will the U.S. Market Pullback Persist, or Resume its Upward Trend? 🐂🐻

Join Paul DeVierno as he discusses the recent market pullback and the factors influencing the U.S. economy. Uncover the implications of U.S. GDP growth, the market's response to earnings reports from major companies like Microsoft and Meta, and the impact of AI investments. Watch now! 💰📊

Click the link to watch: https://fb.watch/tFO1bpGUli/

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UOBKH Hong Kong Retail Market Monitor
1 August 2024

Short Term Opportunity:
1) Lenovo Group Limited (HKEX: 992)
Technical BUY range HK$10.20-10.40
Last: HK$10.08
TP: HK$10.80/HK$11.48
SL: HK$9.85

2) China Coal Energy Company Limited (HKEX: 1898)
Technical BUY range HK$7.75-7.85
Last: HK$7.92
TP: HK$8.18/HK$8.40
SL: HK$7.50

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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.

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UOBKH Retail Market Monitor
1 August 2024 (Amended as at 9.20am)

FBMKLCI: 1,625.57 (+13.63)
Support: 1,610, 1,600
Resistance: 1,650, 1,677

Bursa Top Gainers:
CIMB (+3.1%), PETDAG (+2.5%), MRDIY (+0.96%)

Bursa Top Losers:
PCHEM (-1.9%), AXIATA (-0.41%), MAXIS (-0.28%)

Bursa Trade Statistics
Local Institutions (39.73%): -RM140.91m
Local Retail (17.87%): +RM20.20m
Foreign (42.40%): +RM120.71m

Global Equity Indexes
MSCI Asia : 179.67 (-0.96,-0.53%)
NASDAQ : 17,599.40 (+451.98, +2.64%)
S&P500 : 5,522.30 (+85.86,+1.58%)
DJIA : 40,842.79 (+99.46,+0.24%)

USD/MYR : 4.5758 (-0.042)
SGD/MYR : 3.4254 (-0.0144)

Crude Oil : $78.59 (+0.68)
Gold : $2,445.50 (-2.10)

The S&P 500 and Nasdaq scored their biggest daily percentage gains since Feb. 22 and the Dow rose on Wednesday as chip stocks rallied and the Federal Reserve kept US interest rates unchanged while signalling possible easing in September if inflation cools. The Dow Jones Industrial Average rose 0.24% to 40,842.79, the S&P 500 gained 1.58% to 5,522.30 and the Nasdaq Composite advanced 2.64% to 17,599.40. (Source: Investing.com)

Stocks To Watch:

1) PTRANS (KLSE: 0186)
Technical BUY on breakout (RM0.69) with +32.2% potential return
* Last: RM0.68 TP: RM0.735, RM0.78 SL: RM0.655
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) KUB (KLSE: 6874)
Technical BUY on breakout (RM0.825) with +14.5% potential return
* Last: RM0.805 TP: RM0.895, RM0.945 SL: RM0.765
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) SYSTECH (KLSE: 0050)
Technical BUY on breakout (RM0.42) with +25.0% potential return
* Last: RM0.395 TP: RM0.48, RM0.525 SL: RM0.355
* Timeframe: 2 weeks to 2 months
* Shariah: YES

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

UOBKH Singapore Retail Market Monitor
1 August 2024

Short Term Opportunity:
1) Singapore Exchange (SGX: S68)
Technical Buy range S$9.81-9.82
Last: S$9.85
TP: S$10.70
SL: S$9.57

2) SIA Engineering Co (SGX: S59)
Technical Buy range S$2.28-2.29
Last: S$2.29
TP: S$2.53
SL: S$2.23

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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.

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Can Kamala Harris Defeat Donald Trump in the Upcoming U.S. Presidential Election? 🥊💥

Join Paul DeVierno as he delves into the possibility of Kamala Harris defeating Donald Trump in the upcoming U.S. presidential election. Discover the challenges Harris might face, Trump's strategies, the potential vice-presidential pick for Harris, and how this could impact the economic and geopolitical landscapes. Watch now! 🗳️

Click the link to watch: https://fb.watch/tH55RWj-aw/

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UOBKH Retail Market Monitor
2 August 2024

FBMKLCI: 1,624.25 (-1.32)
Support: 1,610, 1,600
Resistance: 1,650, 1,677

Bursa Top Gainers:
PBBANK (+1.2%), HLFG (+0.93%), YTLPOWR (+0.86%)

Bursa Top Losers:
SUNWAY (-3.3%), PETDAG (-2.8%), GENTING (-1.9%)

Bursa Trade Statistics
Local Institutions (44.00%): +RM7.29m
Local Retail (20.95%): -RM17.63m
Foreign (35.05%): +RM10.34m

Global Equity Indexes
MSCI Asia : 183.61 (+3.94,+2.19%)
NASDAQ : 17,194.14 (-405.26, -2.30%)
S&P500 : 5,446.68 (-75.62, -1.37%)
DJIA : 40,347.97 (-494.82, -1.21%)

USD/MYR : 4.5690 (-0.0068)
SGD/MYR : 3.4172 (-0.0082)

Crude Oil : $76.76 (+0.45)
Gold : $2,445.58 (-0.68)

US stocks kicked off August sharply lower after a round of economic data on Thursday spurred concerns the economy may be slowing faster than anticipated while the Federal Reserve maintains a restrictive monetary policy. The Dow Jones Industrial Average fell 494.82 points, or 1.21%, to 40,347.97, the S&P 500 lost 75.62 points, or 1.37%, to 5,446.68 and the Nasdaq Composite lost 405.25 points, or 2.30%, to 17,194.15. (Source: Investing.com)

Stocks To Watch:

1) ASTRO (KLSE: 6399)
Technical BUY on breakout (RM0.305) with +26.2% potential return
* Last: RM0.285 TP: RM0.345, RM0.385 SL: RM0.265
* Timeframe: 2 weeks to 2 months
* Shariah: NO

2) CBIP (KLSE: 7076)
Technical BUY on breakout (RM1.33) with +12.0% potential return
* Last: RM1.30 TP: RM1.44, RM1.49 SL: RM1.23
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) TNLOGIS (KLSE: 8397)
Technical BUY on breakout (RM0.845) with +11.2% potential return
* Last: RM0.835 TP: RM0.895, RM0.94 SL: RM0.81
* Timeframe: 2 weeks to 2 months
* Shariah: YES

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.

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UOBKH Malaysia Trading Idea
2 August 2024
___

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UOBKH Hong Kong Retail Market Monitor
2 August 2024

Short Term Opportunity:
1) Zhuzhou CRRC Times Electric Co. Ltd(HKEX: 3898)
Technical BUY range HK$29.45-29.85
Last: HK$30.65
TP: HK$31.00/HK$32.00
SL: HK$28.00

2) China Nonferrous Mining Corporation Limited (HKEX: 1258)
Technical BUY range HK$6.00-6.05
Last: HK$5.70
TP: HK$6.40/HK$6.64
SL: HK$5.65

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.

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UOBKH Singapore Retail Market Monitor
2 August 2024

Short Term Opportunity:
1) First Resources (SGX: EB5)
Technical Buy range S$1.47-1.48
Last: S$1.49
TP: S$1.68
SL: S$1.42

2) Frasers Centrepoint Trust (SGX: J69U)
Technical Buy range S$2.22-2.23
Last: S$2.23
TP: S$2.45
SL: S$2.18

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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.

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LIVE WEBINAR- Fundamental Analysis in Stock Trading

Presented by Jack Goh, Investment Analyst, UOB Kay Hian

📅 Tuesday, 13 August 2024
⏰ 6.00pm – 8.00pm

Webinar Highlight
✅ Gain skills to evaluate a company's financial health and intrinsic value using financial statements and economic indicators.

REGISTER NOW!
https://attendee.gotowebinar.com/register/4533965275713795416

This event is open to both beginner and seasoned investors to build and refresh their knowledge of Fundamental Analysis. The webinar will be conducted in English and is open to the public.

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#UOBKayHianMalaysia
#UOBKayHian

LIVE WEBINAR- Fundamental of Technical Analysis in Stock Trading

Presented by Mohd Fakhrul Asyraq, Senior Investment Analyst (Chartist), UOB Kay Hian

📅 Tuesday, 20 August 2024
⏰ 6.00pm – 8.00pm

Webinar Highlight
✅ Learn to use chart patterns, trend lines, and indicators to predict market trends and make informed trading decisions.

REGISTER NOW!
https://attendee.gotowebinar.com/register/2222734659523989341

This event is open to both beginner and seasoned investors to build and refresh their knowledge of Technical Analysis. The webinar will be conducted in English and is open to the public..

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UOBKH Retail Market Monitor
5 August 2024

FBMKLCI: 1,611.05 (-13.20)
Support: 1,610, 1,600
Resistance: 1,650, 1,677

Bursa Top Gainers:
PETDAG (+2.1%), NESTLE (+1.4%), PBBANK (+0.47%)

Bursa Top Losers:
YTLPOWR (-4.5%), PMETAL (-4.2%), YTL (-3.9%)

Bursa Trade Statistics
Local Institutions (48.62%): -RM199.89m
Local Retail (22.99%): +RM99.15m
Foreign (28.39%): +RM100.73m

Global Equity Indexes
MSCI Asia : 176.81 (-5.47, -3.00%)
NASDAQ : 16,776.16 (-417.98, -2.43%)
S&P500 : 5,346.56 (-100.12, -1.84%)
DJIA : 39,737.26 (-610.71, -1.51%)

USD/MYR : 4.4970 (-0.0720)
SGD/MYR : 3.3772 (-0.0400)

Crude Oil : $73.88 (-2.88)
Gold : $2,437.68 (-7.90)

The Nasdaq slumped Friday, closing in correction territory as a much weaker-than-expected jobs report triggered fears the US economy could be heading for recession and sparked a sharp jump in volatility. At 16:00 ET (20:00 GMT), the NASDAQ Composite slumped 2.5% and is now in correction territory after closing 10.2% from its July peak of 18,671.07, entering correction territory. The Dow Jones Industrial Average fell 611 points, or 1.5%, the S&P 500 dropped 1.9%. (Source: Investing.com)

Stocks To Watch:

1) BAHVEST (KLSE: 0098)
Technical BUY with +32.4% potential return
* Last: RM0.525 TP: RM0.64, RM0.695 SL: RM0.445
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) OKA (KLSE: 7140)
Technical BUY on breakout (RM0.725) with +13.8% potential return
* Last: RM0.705 TP: RM0.795, RM0.825 SL: RM0.665
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) YLI (KLSE: 7014)
Technical BUY on breakout (RM0.645) with +28.7% potential return
* Last: RM0.61 TP: RM0.775, RM0.83 SL: RM0.56
* Timeframe: 2 weeks to 2 months
* Shariah: YES

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