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

What To Expect For Nvidia's Upcoming Earnings Release? 💵📊

As Nvidia's earnings drop today, should you brace for price swings? Tune in as Paul DeVierno shares his insights on what to expect from the earnings and how the market might react.

Click the link to watch: https://www.facebook.com/share/v/9rcGqGLAD3qvZr32/

Follow us on Facebook:
UTRADE Singapore

UOBKH Retail Market Monitor
29 August 2024

FBMKLCI: 1,675.24 (+22.95)
Support: 1,600, 1,593
Resistance: 1,675, 1,700

Bursa Top Gainers:
CIMB (+5.7%), HLBANK (+4.7%), PCHEM (+4.6%)

Bursa Top Losers:
SIME (-4.3%), SUNWAY (-4.2%), PMETAL (-4.1%)

Global Equity Indexes
MSCI Asia : 185.93 (+0.10, +0.05%)
NASDAQ : 17,556.03 (-198.79, -1.12%)
S&P500 : 5,592.18 (-33.62, -0.60%)
DJIA : 41,091.42 (-159.08, -0.39%)

USD/MYR : 4.3443 (+0.0018)
SGD/MYR : 3.3349 (-0.0020)

Crude Oil : $74.50 (-1.32)
Gold : $2,508.96 (-15.64)

US stocks were lower after the close on Wednesday, as losses in the Technology, Consumer Services and Oil & Gas sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average lost 0.39%, while the S&P 500 index lost 0.60%, and the NASDAQ Composite index declined 1.12%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1,839 to 960 and 114 ended unchanged; on the Nasdaq Stock Exchange, 2,229 fell and 1,067 advanced, while 136 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) KENANGA (KLSE: 6483)
Technical BUY on breakout with +21.0% potential return
* Last: RM1.18 TP: RM1.36, RM1.44 SL: RM1.08
* Timeframe: 2 weeks to 2 months
* Shariah: NO

2) MAYBULK (KLSE: 5077)
Technical BUY with +29.5% potential return
* Last: RM0.305 TP: RM0.345, RM0.395 SL: RM0.265
* Timeframe: 2 weeks to 2 months
* Shariah: NO

3) OPTIMAX (KLSE: 0222)
Technical BUY on breakout (RM0.68) with +16.9% potential return
* Last: RM0.675 TP: RM0.73, RM0.795 SL: RM0.64
* 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
29 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
29 August 2024

Short Term Opportunity:
1) Singapore Tech Engineering (SGX: S63)
Technical BUY range S$ 4.43-4.44
Last: S$ 4.46
TP: S$ 4.82
SL: S$ 4.37

2) SIA Engineering Co (SGX: S59)
Technical BUY range S$ 2.29-2.30
Last: S$ 2.33
TP: S$ 2.45
SL: S$ 2.26


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
29 August 2024

Short Term Opportunity:
1) CK Infrastructure Holdings Limited (HKEX: 1038)
Technical BUY range HK$55.75-56.05
Last: HK$ 58.20
TP: HK$ 58.40/ HK$ 60.20
SL: HK$ 53.65

2) China Power International Development Limited (HKEX: 2380)
Technical BUY range HK$3.64-3.65
Last: HK$ 3.64
TP: HK$ 3.81/ HK$ 3.98
SL: HK$ 3.52

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.

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

With the Dow Jones at an All-Time High, Is a Recession Still Possible? 💵📊

Join Paul DeVierno as he delves into consumer confidence, the labour market, and economic sentiment. Plus, get the latest updates on Walmart and Nordstrom's earnings.

Click the link to watch: https://www.facebook.com/share/v/1PgVvmMefiWRxxLa/

Follow us on Facebook:
UTRADE Singapore

UOBKH Retail Market Monitor
30 August 2024

FBMKLCI: 1,653.55 (-21.69)
Support: 1,600, 1,593
Resistance: 1,675, 1,700

Bursa Top Gainers:
AXIATA (+3.3%), CDB (+2.1%), SUNWAY (+2.1%)

Bursa Top Losers:
CIMB (-4.5%), PCHEM (-3.5%), YTL (-3.2%)

Bursa Trade Statistics
Local Institutions (41.73%): -RM300.10m
Local Retail (17.24%): +RM26.25m
Foreign (41.03%): +RM273.85m

Global Equity Indexes
MSCI Asia : 185.93 (+0.10, +0.05%)
NASDAQ : 17,516.43 (-39.60, -0.23%)
S&P500 : 5,591.96 (-0.22, +0.00%)
DJIA : 41,335.05 (+243.63, +0.59%)

USD/MYR : 4.3100 (-0.0343)
SGD/MYR : 3.3085 (-0.0264)

Crude Oil : $75.75 (+1.25)
Gold : $2,518.42 (+9.46)

US stocks were mixed after the close on Thursday, as gains in the Oil & Gas, Industrials and Basic Materials sectors led shares higher while losses in the Technology, Telecoms and Consumer Services sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average gained 0.59% to hit a new all-time high, while the S&P 500 index declined 0.00%, and the NASDAQ Composite index fell 0.21%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,928 to 880 and 99 ended unchanged; on the Nasdaq Stock Exchange, 1,974 rose and 1,284 declined, while 157 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) BAUTO (KLSE: 5248)
Technical BUY with +11.2% potential return
* Last: RM2.51 TP: RM2.69, RM2.79 SL: RM2.36
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) MENANG (KLSE: 1694)
Technical BUY on breakout (RM 0.705) with +19.9% potential return
* Last: RM0.67 TP: RM0.81, RM0.845 SL: RM0.595
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) RL (KLSE: 0219)
Technical BUY on breakout (RM0.305) with +24.6% potential return
* Last: RM0.29 TP: RM0.355, RM0.38 SL: RM0.27
* 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
30 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
30 August 2024

Short Term Opportunity:
1) Hongkong Land Holdings (SGX: H78)
Technical Buy range S$ 3.70-3.71
Last: S$ 3.76
TP: S$ 4.07
SL: S$ 3.59

2) Singapore Telecommunications (SGX: Z74)
Technical Buy range S$ 2.94-2.95
Last: S$ 3.02
TP: S$ 3.27
SL: S$ 2.83

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
30 August 2024

Short Term Opportunity:
1) Meituan (HKEX: 3690)
Technical BUY range HK$ 113.30-115.00
Last: HK$ 115.70
TP: HK$ 122.40/ HK$ 129.20
SL: HK$ 108.20

2) China Mengniu Dairy Company Limited (HKEX: 2319)
Technical BUY range HK$ 12.60-13.00
Last: HK$ 13.18
TP: HK$ 13.90/ HK$ 15.00
SL: HK$ 12.00

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

LIVE WEBINAR - CANTONESE

📝 China Economy and Hong Kong Stocks Results Period Summary and Outlook

Renewed worries about the US economic outlook, significant uncertainties arising from the presidential election, and the sharp unwinding of yen positions have triggered volatility in the global markets. In contrast to the turbulence in the external markets, can the Hong Kong and Chinese stock markets attract some capital back?

📅 Date: 12 Sep 2024, Thursday
🕔 Time: 7.00pm - 8.00pm
📈 Market: China 🇨🇳
👨 Speaker: Curtis Yeung, Senior Strategist, UOB Kay Hian Hong Kong

☑ REGISTRATION LINK
https://attendee.gotowebinar.com/register/4519801372563296860?source=MY

#UOBKayHian
#UOBKayHianEvents
#UOBKHHK

Biru merah kuning dan putih,
Itu warna Jalur Gemilangku,
Serata dunia dah pun pergi,
Mana nak sama Malaysiaku yang satu

Pahlawan negara tiada ternilai,
Membela tanah air demi bangsa,
Walaupun berbeza kita melengkapi,
Sehati sejiwa laungkan Merdeka

#UOBKayHianMalaysia
#UOBKayHianGreets