UOBKH Retail Market Monitor
26 August 2024

FBMKLCI: 1,635.74 (+5.92)
Support: 1,600, 1,593
Resistance: 1,675, 1,700

Bursa Top Gainers:
SDG (+1.1%), PMETAL (+0.98%), AXIATA (+0.83%)

Bursa Top Losers:
YTLPOWR (-1.7%), YTL (-1.6%), PCHEM (-1.6%)

Bursa Trade Statistics
Local Institutions (47.09%): -RM76.65m
Local Retail (22.91%): +RM78.20m
Foreign (30.00%): -RM1.55m

Global Equity Indexes
MSCI Asia : 185.47 (+0.75, +0.41%)
NASDAQ : 17,877.79 (+258.44, +1.47%)
S&P500 : 5,634.61 (+63.97, +1.15%)
DJIA : 41,175.08 (+462.30, +1.14%)

USD/MYR : 4.3748 (-0.0032)
SGD/MYR : 3.3432 (-0.0059)

Crude Oil : $75.34 (-1.88)
Gold : $2,514.39 (-6.91)

U.S. stocks were higher after the close on Friday, as gains in the Consumer Goods, Oil & Gas and Technology sectors led shares higherAt the close in NYSE, the Dow Jones Industrial Average added 1.14% to hit a new 1-month high, while the S&P 500 index climbed 1.15%, and the NASDAQ Composite index climbed 1.47%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 2483 to 367 and 62 ended unchanged; on the Nasdaq Stock Exchange, 2590 rose and 749 declined, while 105 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) FM (KLSE: 7210)
Technical BUY on breakout (RM0.605) with +14.0% potential return
* Last: RM0.595 TP: RM0.645, RM0.69 SL: RM0.56
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) ICON (KLSE: 5255)
Technical BUY with +27.1% potential return
* Last: RM1.07 TP: RM1.29, RM1.36 SL: RM0.915
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) NOVA (KLSE: 0201)
Technical BUY on breakout (RM0.525) with +16.2% potential return
* Last: RM0.52 TP: RM0.565, RM0.61 SL: RM0.475
* 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 Malaysia Trading Idea
26 August 2024
___

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UOBKH Singapore Retail Market Monitor
26 August 2024

Short Term Opportunity:
1) Jiutian Chemical Group (SGX: C8R)
Technical BUY range S$ 0.022-0.023
Last: S$ 0.023
TP: S$ 0.028
SL: S$ 0.020

2) Seatrium (SGX: 5E2)
Technical BUY range S$ 1.43-1.44
Last: S$ 1.48
TP: S$ 1.64
SL: S$ 1.37


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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Bottom Fishing in a Choppy Market: Strategies for Smart Stock Picking Plus! Hard Commodity Outlook

📆 Saturday, 31 August 2024
⏰ 9:30am-11.30am
🌐 Register at https://bit.ly/3MbdVAH
__

Session 1 • Navigating the Hard Commodity Boom and Beneficiaries of Domestic Mega Infrastructure Projects
Presented by Ku Wei Xiang, Research Analyst, UOB Kay Hian

Hard commodities performed very well in 1H24, primarily due to structural supply disruptions caused by geopolitical tensions, despite some recent retracement as we entered 2H24. In this talk, we review the supply demand and key beneficiaries.

Session 2 • Strategies for Smart Stock Picking
Presented by Desmond Chong, Head of Research, UOB Kay Hian

Having pleasantly delivered prominent gains in 1H24, markets are taking a risk-off posture again following the unwinding of the yen carry trade, deep escalation of the Middle East conflict and lingering fears of a US recession. Find out what compelling opportunities to look for.
__

#UOBKayHianEvents
#UOBKayHianMalaysia

UOBKH Retail Market Monitor
27 August 2024

FBMKLCI: 1,638.96 (+3.22)
Support: 1,600, 1,593
Resistance: 1,675, 1,700

Bursa Top Gainers:
SUNWAY (+2.5%), TENAGA (+1.5%), PMETAL (+1.4%)

Bursa Top Losers:
YTLPOWR (-2.2%), YTL (-1.6%), TM (-1.3%)

Bursa Trade Statistics
Local Institutions (42.64%): +RM13.87m
Local Retail (19.01%): -RM15.84m
Foreign (38.35%): +RM1.97m

Global Equity Indexes
MSCI Asia : 185.85 (+0.38, +0.20%)
NASDAQ : 17,725.77 (-152.02, -0.85%)
S&P500 : 5,616.84 (-17.77, -0.32%)
DJIA : 41,240.52 (+65.44, +0.16%)

USD/MYR : 4.34888 (-0.0026)
SGD/MYR : 3.3384 (-0.0048)

Crude Oil : $77.19 (+1.85)
Gold : $2,515.57 (+1.18)

U.S. stocks were mixed after the close on Monday, as gains in the Oil & Gas, Telecoms and Utilities sectors led shares higher while losses in the Technology, Consumer Goods and Healthcare sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average rose 0.16% to hit a new all time high, while the S&P 500 index fell 0.32%, and the NASDAQ Composite index lost 0.85%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1528 to 1308 and 97 ended unchanged; on the Nasdaq Stock Exchange, 1740 fell and 1597 advanced, while 123 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) CUSCAPI (KLSE: 0051)
Technical BUY with +41.1% potential return
* Last: RM0.280 TP: RM0.340, RM0.395 SL: RM0.260
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) SDS (KLSE: 0212)
Technical BUY with +28.5% potential return
* Last: RM1.16 TP: RM1.42, RM1.49 SL: RM0.995
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) STAR (KLSE: 6084)
Technical BUY with +28.3% potential return
* Last: RM0.450 TP: RM0.505, RM0.555 SL: RM0.410
* 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
27 August 2024
___

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

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UOBKH Singapore Retail Market Monitor
27 August 2024

Short Term Opportunity:
1) Hongkong Land Holdings (SGX: H78)
Technical BUY range S$ 3.56-3.57
Last: S$ 3.71
TP: S$ 4.03
SL: S$ 3.51

2) SATS (SGX: S58)
Technical BUY range S$ 3.56-3.57
Last: S$ 3.68
TP: S$ 3.85
SL: S$ 3.46


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 Hong Kong Retail Market Monitor
27 August 2024

Short Term Opportunity:
1) ANTA Sports Products Limited (HKEX: 2020)
Technical BUY range HK$70.25-71.25
Last: HK$ 71.45
TP: HK$ 76.70/ HK$ 80.00
SL: HK$ 65.55

2) New World Development Company Limited (HKEX: 17)
Technical BUY range HK$7.60-7.67
Last: HK$ 7.58
TP: HK$ 8.08/ HK$ 8.55
SL: HK$ 7.20

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
28 August 2024

FBMKLCI: 1,652.29 (+13.33)
Support: 1,600, 1,593
Resistance: 1,675, 1,700

Bursa Top Gainers:
MAXIS (+4.4%), PBBANK (+3.8%), PMETAL (+2.7%)

Bursa Top Losers:
SIME (-4.1%), YTLPOWR (-3.5%), YTL (-2.6%)

Bursa Trade Statistics
Local Institutions (44.62%): -RM116.83m
Local Retail (19.22%): -RM46.54m
Foreign (36.16%): +RM163.37m

Global Equity Indexes
MSCI Asia : 185.85 (+0.38, +0.20%)
NASDAQ : 17,754.82 (+29.05, +0.16%)
S&P500 : 5,625.80 (+8.96, +0.16%)
DJIA : 41,250.50 (+9.98, +0.02%)

USD/MYR : 4.3425 (-0.0063)
SGD/MYR : 3.3369 (-0.0015)

Crude Oil : $75.82 (-1.37)
Gold : $2,524.60 (+9.03)

US stocks were higher after the close on Tuesday, as gains in the Financials, Technology and Telecoms sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average rose 0.02% to hit a new all time high, while the S&P 500 index gained 0.16%, and the NASDAQ Composite index added 0.16%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1,652 to 1,163 and 103 ended unchanged; on the Nasdaq Stock Exchange, 2,090 fell and 1,209 advanced, while 143 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) PCHEM (KLSE: 5183)
Technical BUY with +21.5% potential return
* Last: RM5.82 TP: RM6.12, RM7.07 SL: RM5.63
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) HIBISCS (KLSE: 5199)
Technical BUY with +22.3% potential return
* Last: RM2.33 TP: RM2.50, RM2.85 SL: RM2.26
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) TIMECOM (KLSE: 5031)
Technical BUY with +8.7% potential return
* Last: RM5.05 TP: RM5.28, RM5.49 SL: RM4.88
* 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
28 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
28 August 2024

Short Term Opportunity:
1) Thai Beverage (SGX: Y92)
Technical BUY range S$ 0.505-0.510
Last: S$ 0.520
TP: S$ 0.565
SL: S$ 0.495

2) Yangzijiang Financial Holding (SGX: YF8)
Technical BUY range S$ 0.345-0.350
Last: S$ 0.350
TP: S$ 0.380
SL: S$ 0.340


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