Dear UTRADE MY App Users,

NOTICE ON THE UPCOMING SYSTEM COMPATIBILITY UPDATE FOR UTRADE MY APPS

Please be informed of the upcoming change to the minimum operating system (OS) required to use the UTRADE MY mobile apps. To ensure optimal performance and security, the next version of the UTRADE MY apps will only be compatible with Apple devices running iOS 15 or later, and Android devices running OS version 11 or later. This update is crucial for maintaining the security of your personal data within the UTRADE MY app.

This notice affects devices using Android 10 or earlier and iOS 14 and earlier.

Please read the FAQs here

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📝 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.

📅 Date: 20 August 2024, Tuesday
🕔 Time: 6.30pm - 7.30pm
📈 Market: China 🇨🇳
👨 Speaker: Qi Wang, CIO, UOB Kay Hian

☑ REGISTRATION LINK
https://attendee.gotowebinar.com/register/4855477871599913565?source=my

#UOBKayHian
#CIOSeries
#UOBKayHianEvents

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..

#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian

UOBKH Retail Market Monitor
16 August 2024

FBMKLCI: 1,612.94 (+0.59)
Support: 1,593, 1,575
Resistance: 1,628, 1,637

Bursa Top Gainers:
CIMB (+1.6%), YTL (+1.5%), IOICORP (+1.3%)

Bursa Top Losers:
PCHEM (-2.8%), PETDAG (-2.6%), AXIATA (-2.5%)

Bursa Trade Statistics
Local Institutions (45.69%): -RM86.26m
Local Retail (20.52%): +RM58.38m
Foreign (33.79%): +RM27.89m

Global Equity Indexes
MSCI Asia : 179.03 (+1.21,+0.68%)
NASDAQ : 17,594.50 (+401.90, +2.34%)
S&P500 : 5,543.22 (+88.01,+1.61%)
DJIA : 40,563.06 (+554.67,+1.39%)

USD/MYR : 4.4377 (+0.0175)
SGD/MYR : 3.3678 (+0.0068)

Crude Oil : $77.86 (+0.55)
Gold : $2,455.76 (+8.07)

Wall Street's main indexes closed higher on Thursday, with the Nasdaq rising more than 2% after July U.S. retail sales data signaled resilient consumer spending, allaying fears of an imminent recession in the world's largest economy.The Dow Jones Industrial Average rose 554.67 points, or 1.39%, to 40,563.06. The S&P 500 gained 88.01 points, or 1.61%, at 5,543.22. The Nasdaq Composite advanced 401.90 points, or 2.34%, to 17,594.50. (Source: Investing.com)

Stocks To Watch:

1) RESINTC (KLSE: 7232)
Technical BUY with +25.2% potential return
* Last: RM0.555 TP: RM0.635, RM0.695 SL: RM0.505
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) VS (KLSE: 6963)
Technical BUY with +31.4% potential return
* Last: RM1.21 TP: RM1.44, RM1.59 SL: RM1.09
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) MFLOUR (KLSE: 3662)
Technical BUY with +23.5% potential return
* Last: RM0.765 TP: RM0.92, RM0.945 SL: RM0.675
* 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
16 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
16 August 2024

Short Term Opportunity:
1) China Hongqiao Group Limited (HKEX: 1378)
Technical BUY range HK$ 10.15-10.20
Last: HK$ 10.10
TP: HK$ 10.62/ HK$ 11.18
SL: HK$ 9.55

2) China Merchants Bank Co Ltd (HKEX: 3968)
Technical BUY range HK$ 33.10-33.30
Last: HK$ 33.05
TP: HK$ 34.50/ HK$ 35.40
SL: HK$ 31.80

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

UOBKH Singapore Retail Market Monitor
16 August 2024

Short Term Opportunity:
1) Singapore Exchange (SGX: S68)
Technical Buy range S$9.85-9.88
Last: S$ 10.22
TP: S$ 10.75
SL: S$ 9.65

2) ST Engineering (SGX: S63)
Technical Buy range S$4.45-4.46
Last: S$ 4.56
TP: S$ 4.94
SL: S$ 4.35

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
19 August 2024

FBMKLCI: 1,623.90 (+10.96)
Support: 1,593, 1,575
Resistance: 1,628, 1,637

Bursa Top Gainers:
PCHEM (+6.2%), SDG (+1.8%), CIMB (+1.7%)

Bursa Top Losers:
CDB (-1.1%), YTLPOWR (-0.91%), PETDAG (-0.84%)

Bursa Trade Statistics
Local Institutions (43.77%): -RM194.54m
Local Retail (19.79%): -RM93.79m
Foreign (36.44%): +RM288.34m

Global Equity Indexes
MSCI Asia : 182.89 (+4.46,+2.50%)
NASDAQ : 17,631.72 (+37.22, +0.21%)
S&P500 : 5,554.25 (+11.03,+0.20%)
DJIA : 40,659.76 (+96.70,+0.24%)

USD/MYR : 4.4323 (-0.0054)
SGD/MYR : 3.3605 (-0.0073)

Crude Oil : $76.65 (-0.12)
Gold : $2,543.40 (+5.60)

US stocks ended higher on Friday, extending their biggest weekly percentage gains of the year as worries of an economic downturn eased and investors focused on the Jackson Hole Economic Symposium next week. The Dow Jones Industrial Average rose 96.7 points, or 0.24%, to 40,659.76. The S&P 500 gained 11.03 points, or 0.20%, at 5,554.25 and the Nasdaq Composite added 37.22 points, or 0.21%, at 17,631.72. (Source: Investing.com)

Stocks To Watch:

1) AGMO (KLSE: 0258)
Technical BUY with +23.9% potential return
* Last: RM0.67 TP: RM0.78, RM0.83 SL: RM0.605
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) ANEKA (KLSE: 0226)
Technical BUY on breakout (RM0.185) with +32.4% potential return
* Last: RM0.175 TP: RM0.215, RM0.245 SL: RM0.145
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) EG (KLSE: 8907)
Technical BUY with +22.7% potential return
* Last: RM2.03 TP: RM2.36, RM2.49 SL: RM1.74
* 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
19 August 2024
___

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

#TradingIdea #UOBKayHian #UOBKayHianMalaysia

UOBKH Singapore Retail Market Monitor
19 August 2024

Short Term Opportunity:
1) Thai Beverage (SGX: Y92)
Technical Buy range S$0.475-0.480
Last: S$0.485
TP: S$0.525
SL: S$0.460

2) Medtecs International (SGX: 546)
Technical Buy range S$0.134-0.135
Last: S$0.139
TP: S$0.155
SL: S$0.126


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