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 Hong Kong Retail Market Monitor
9 August 2024


Short Term Opportunity:
1) Techtronic Industries Company Limited (HKEX: 669)
Technical BUY range HK$96.80-97.35
Last: HK$ 97.70
TP: HK$ 102.00/ HK$ 106.00
SL: HK$ 92.55

2) ENN Energy Holdings Limited (HKEX: 2688)
Technical BUY range HK$53.30-53.70
Last: HK$ 52.95
TP: HK$ 56.20/ HK$ 57.90
SL: HK$ 51.00

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
πŸ“ CIO Series: China Investing from a Foreign Manager Perspective

Amidst the global retreat from Hong Kong and China markets, a few investors maintain strong convictions in China’s potential. In this edition of our CIO Series, we aim to interview the Chief Investment Officer of a prominent foreign asset manager to discuss their perspectives and strategies for investing in Chinese stocks. Join this webinar to gain insights into their approach and the opportunities they see in the Chinese market.

πŸ“… Date: 20 August 2024, Tuesday
πŸ•”
Time: 6.30pm - 7.30pm
πŸ“ˆ
Market: China πŸ‡¨πŸ‡³
πŸ‘¨
Speaker: Qi Wang, CIO, UOB Kay Hian

β˜‘ REGISTRATION LINK
https://attendee.gotowebinar.com/register/4855477871599913565?source=my

#UOBKayHian
#CIOSeries
#UOBKayHianEvents
LIVE WEBINAR- Fundamental Analysis in Stock Trading

Presented by Jack Goh, Investment Analyst, UOB Kay Hian

πŸ“… Tuesday, 13 August 2024
⏰ 6.00pm – 8.00pm

Webinar Highlight
βœ… 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.

#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian
LIVE WEBINAR- Fundamental of Technical Analysis in Stock Trading

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

πŸ“… Tuesday, 20 August 2024
⏰ 6.00pm – 8.00pm

Webinar Highlight
βœ… 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..

#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian
UOBKH Retail Market Monitor
12 August 2024

FBMKLCI: 1,596.05 (+5.67)
Support: 1,567, 1,530
Resistance: 1,600, 1,630

Bursa Top Gainers:
SUNWAY (+3.6%), YTLPOWR (+2.8%), PMETAL (+2.0%)

Bursa Top Losers:
HLBANK (-1.3%), CDB (-0.82%), PETDAG (-0.79%)

Bursa Trade Statistics
Local Institutions (45.82%): +RM143.60m
Local Retail (23.52%): -RM12.82m
Foreign (30.66%): -RM130.78m

Global Equity Indexes
MSCI Asia : 175.43 (+2.63,+1.52%)
NASDAQ : 16,745.30 (+85.28, +0.51%)
S&P500 : 5,344.16 (+24.85,+0.47%)
DJIA : 39,497.54 (+51.05,+0.13%)

USD/MYR : 4.4240 (-0.049)
SGD/MYR : 3.3415 (-0.0345)

Crude Oil : $76.88 (+0.81)
Gold : $2,430.60 (+6.13)

The S&P 500 ended higher on Friday and was little changed for the week after regaining almost all of its losses since Monday's steep dive that was prompted by fears of a recession and unwinding of a global yen-funded carry trade. The Dow Jones Industrial Average rose 51.05 points, or 0.13%, to 39,497.54, the S&P 500 gained 24.85 points, or 0.47%, to 5,344.16 and the Nasdaq Composite added 85.28 points, or 0.51%, to 16,745.30. (Source: Investing.com)

Stocks To Watch:

1) AWC (KLSE: 7579)
Technical BUY with +21.0% potential return
* Last: RM1.19 TP: RM1.37, RM1.44 SL: RM0.995
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) ATAMIS (KLSE: 8176)
Technical BUY with +40.2% potential return
* Last: RM0.435 TP: RM0.545, RM0.61 SL: RM0.34
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) CUSCAPI (KLSE: 0051)
Technical BUY with +31.3% potential return
* Last: RM0.24 TP: RM0.285, RM0.315 SL: RM0.19
* 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
Media is too big
VIEW IN TELEGRAM
UOBKH Malaysia Trading Idea
12 August 2024
___

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

#TradingIdea #UOBKayHian #UOBKayHianMalaysia
LIVE WEBINAR- Fundamental Analysis in Stock Trading

Presented by Jack Goh, Investment Analyst, UOB Kay Hian

πŸ“… Tuesday, 13 August 2024
⏰ 6.00pm – 8.00pm

Webinar Highlight
βœ… 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.

#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian
πŸ“ CIO Series: China Investing from a Foreign Manager Perspective

Amidst the global retreat from Hong Kong and China markets, a few investors maintain strong convictions in China’s potential. In this edition of our CIO Series, we aim to interview the Chief Investment Officer of a prominent foreign asset manager to discuss their perspectives and strategies for investing in Chinese stocks. Join this webinar to gain insights into their approach and the opportunities they see in the Chinese market.

πŸ“… Date: 20 August 2024, Tuesday
πŸ•”
Time: 6.30pm - 7.30pm
πŸ“ˆ
Market: China πŸ‡¨πŸ‡³
πŸ‘¨
Speaker: Qi Wang, CIO, UOB Kay Hian

β˜‘ REGISTRATION LINK
https://attendee.gotowebinar.com/register/4855477871599913565?source=my

#UOBKayHian
#CIOSeries
#UOBKayHianEvents
UOBKH Singapore Retail Market Monitor
12 August 2024


Short Term Opportunity:
1) Thai Beverage (SGX: Y92)
Technical Buy range S$0.490-0.495
Last: S$ 0.475
TP: S$ 0.560
SL: S$ 0.470

2) Venture Corp (SGX: V03)
Technical Buy range S$13.75-13.80
Last: S$ 13.88
TP: S$ 14.75
SL: S$ 13.37

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
FBMKLCI Weekly Outlook
12 - 16 August 2024

#UOBKayHianMalaysia
#FBMKLCIWeeklyOutlook
UOBKH Retail Market Monitor
13 August 2024

FBMKLCI: 1,606.66 (+10.61)
Support: 1,593, 1,575
Resistance: 1,628, 1,637

Bursa Top Gainers:
MAXIS (+3.5%), CDB (+3.3%), MRDIY (+2.9%)

Bursa Top Losers:
PCHEM (-1.7%), GENM (-0.80%), PPB (-0.68%)

Bursa Trade Statistics
Local Institutions (45.12%): +RM55.71m
Local Retail (22.46%): +RM18.59m
Foreign (32.42%): -RM74.30m

Global Equity Indexes
MSCI Asia : 175.43 (+2.63,+1.52%)
NASDAQ : 16,780.61 (+35.31, +0.21%)
S&P500 : 5,344.39 (+0.23,+0.00%)
DJIA : 39,357.01 (-140.53,-0.36%)

USD/MYR : 4.4540 (+0.03)
SGD/MYR : 3.363 (+0.0215)

Crude Oil : $79.65 (+2.77)
Gold : $2,473.00 (+42.40)

Wall Street stocks closed mixed on Monday as investors braced for a slew of US economic data this week, especially consumer prices, to gauge the outlook for Federal Reserve monetary policy. The Dow Jones Industrial Average fell. The benchmark S&P 500 index and tech-heavy Nasdaq Composite Index closed higher. The S&P 500 gained 0.23 points to end at 5,344.39 points, while the Nasdaq Composite rose 35.31 points, or 0.21%, to 16,780.61. The Dow Jones Industrial Average fell 140.53 points, or 0.36%, to 39,357.01. (Source: Investing.com)

Stocks To Watch:

1) COROZA (KLSE: 0240)
Technical BUY with +36.3% potential return
* Last: RM0.455 TP: RM0.58, RM0.62 SL: RM0.37
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) LCTITAN (KLSE: 5284)
Technical BUY on breakout (RM1.07) with +29.0% potential return
* Last: RM1.03 TP: RM1.27, RM1.38 SL: RM0.925
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) NCT (KLSE: 0056)
Technical BUY with +25.2% potential return
* Last: RM0.515 TP: RM0.59, RM0.645 SL: RM0.465
* 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
Media is too big
VIEW IN TELEGRAM
UOBKH Malaysia Trading Idea
13 August 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
13 August 2024


Short Term Opportunity:
1) China Datang Corporation Renewable Power Co., Limited (HKEX: 1798)
Technical BUY range HK$ 2.03-2.04
Last: HK$ 2.05
TP: HK$ 2.11/ HK$ 2.15
SL: HK$ 1.98

2) Standard Chartered PLC (HKEX: 2888)
Technical BUY range HK$ 71.35-71.60
Last: HK$ 71.80
TP: HK$ 74.90/ HK$ 76.00
SL: HK$ 68.70

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
13 August 2024


Short Term Opportunity:
1) Yangzijiang Financial Holding (SGX: YF8)
Technical Buy range S$0.330-0.335
Last: S$ 0.340
TP: S$ 0.370
SL: S$ 0.320

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 Analysis in Stock Trading

Presented by Jack Goh, Investment Analyst, UOB Kay Hian

πŸ“… Tuesday, 13 August 2024
⏰ 6.00pm – 8.00pm

Webinar Highlight
βœ… 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.

#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian