UOBKH Retail Market Monitor
12 September 2024

FBMKLCI: 1,639.80 (-20.55)
Support: 1,635, 1,600
Resistance: 1,700, 1,735

Bursa Top Gainers:
CDB (+1.6%), HLBANK (+0.94%), TM (+0.61%)

Bursa Top Losers:
CIMB (-2.6%), PETDAG (-2.5%), PBBANK (-2.3%)

Bursa Trade Statistics
Local Institutions (42.42%): +RM113.09m
Local Retail (15.13%): +RM16.72m
Foreign (42.45%): -RM129.81m

Global Equity Indexes
MSCI Asia : 179.90 (-0.10,-0.06%)
NASDAQ : 17,395.53 (+369.65, +2.15%)
S&P500 : 5,554.13 (+58.61, +1.07%)
DJIA : 40,861.71 (+124.75, +0.31%)

USD/MYR : 4.3298 (-0.0124)
SGD/MYR : 3.3249 (-0.0026)

Crude Oil : $67.30 (+0.98)
Gold : $2,512.59 (-4.59)

US stocks were higher after the close on Wednesday, as gains in the Technology, Consumer Services and Basic Materials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average added 0.31%, while the S&P 500 index gained 1.07%, and the NASDAQ Composite index gained 2.15%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,592 to 1,197 and 112 ended unchanged; on the Nasdaq Stock Exchange, 1,735 rose and 1,558 declined, while 136 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) FSBM (KLSE: 9377)
Technical BUY with +32.7% potential return
* Last: RM0.26 TP: RM0.31, RM0.345 SL: RM0.22
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) JETSON (KLSE: 9083)
Technical BUY on breakout (RM0.225) with +35.6% potential return
* Last: RM0.215 TP: RM0.255, RM0.305 SL: RM0.185
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) M&A (KLSE: 7082)
Technical BUY on breakout (RM0.33) with +19.7% potential return
* Last: RM0.32 TP: RM0.375, RM0.395 SL: RM0.29
* Timeframe: 2 weeks to 2 months
* Shariah: NO

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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
12 September 2024
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Should You Expect A Market Sell-off? 🇺🇸 📉

With impending rate cuts and mixed economic signals, what can we expect from the stock market? Will investors trigger a sell-off as they take profits? Join Paul DeVierno as he shares expert insights on the US market.

Click the link to watch: https://fb.watch/ux1NWwfYfr/

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UOBKH Hong Kong Retail Market Monitor
12 September 2024

Short Term Opportunity:
1) Xiaomi Corporation (HKEX: 1810)
Technical BUY range HK$ 18.80-18.90
Last: HK$ 18.96
TP: HK$ 20.20/ HK$ 21.80
SL: HK$ 17.95

2) Great Wall Motor Company Limited (HKEX: 2333)
Technical BUY range HK$ 11.36-11.44
Last: HK$ 11.04
TP: HK$ 12.12/ HK$ 13.20
SL: HK$ 10.80

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
12 September 2024

Short Term Opportunity:
1) Singapore Post (SGX: S08)
Technical Buy range S$0.435-0.440
Last: S$ 0.445
TP: S$ 0.495
SL: S$ 0.420

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

📅 Tuesday, 17 September 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/5183290663649119323

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

📅 Tuesday, 24 September 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/7287790004072854876

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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We watched the Presidential Debate so you don't have to! 🇺🇸 🗳

Watch Paul DeVierno's analysis of the Presidential Debate between Donald Trump and Kamala Harris. Could Kamala Harris be the next president?

Click the link to watch: https://fb.watch/uyj9rGpwEl/

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UTRADE Singapore

UOBKH Retail Market Monitor
13 September 2024

FBMKLCI: 1,638.31 (-1.49)
Support: 1,635, 1,600
Resistance: 1,700, 1,735

Bursa Top Gainers:
YTLPOWR (+4.1%), YTL (+2.9%), PMETAL (+2.2%)

Bursa Top Losers:
IHH (-1.5%), HLBANK (-1.4%), PBBANK (-1.0%)

Bursa Trade Statistics
Local Institutions (41.27%): +RM117.95m
Local Retail (14.51%): -RM22.86m
Foreign (44.22%): -RM95.09m

Global Equity Indexes
MSCI Asia : 179.02 (-0.88,-0.49%)
NASDAQ : 17,569.68 (+174.15, +1.02%)
S&P500 : 5,595.76 (+41.63, +0.75%)
DJIA : 41,096.77 (+235.06, +0.58%)

USD/MYR : 4.325 (-0.0048)
SGD/MYR : 3.3269 (+0.002)

Crude Oil : $69.29 (+1.99)
Gold : $2,557.79 (+45.20)

US stocks were higher after the close on Thursday, as gains in the Consumer Services, Technology and Basic Materials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average gained 0.58%, while the S&P 500 index added 0.75%, and the NASDAQ Composite index gained 1.02%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 2,136 to 672 and 89 ended unchanged; on the Nasdaq Stock Exchange, 1,987 rose and 1,292 declined, while 160 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) EPMB (KLSE: 7773)
Technical BUY with +28.5% potential return
* Last: RM0.65 TP: RM0.755, RM0.835 SL: RM0.58
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) MNRB (KLSE: 6459)
Technical BUY with +14.5% potential return
* Last: RM2.28 TP: RM2.49, RM2.61 SL: RM2.08
* Timeframe: 2 weeks to 2 months
* Shariah: NO

3) SCOMNET (KLSE: 0001)
Technical BUY with +18.2% potential return
* Last: RM1.32 TP: RM1.42, RM1.56 SL: RM1.18
* 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
13 September 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 September 2024

Short Term Opportunity:
1) Baidu, Inc (HKEX: 9888)
Technical BUY range HK$ 83.00-83.50
Last: HK$ 81.60
TP: HK$ 88.00/ HK$ 90.00
SL: HK$ 80.00

2) Prudential PLC (HKEX: 2378)
Technical BUY range HK$ 63.60-64.00
Last: HK$ 63.55
TP: HK$ 68.00/ HK$ 69.85
SL: HK$ 61.30

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 September 2024

Short Term Opportunity:
1) Wilmar International (SGX: F34)
Technical Buy range S$3.10-3.11
Last: S$ 3.12
TP: S$ 3.33
SL: S$ 3.06

2) Venture Corp (SGX: V03)
Technical Buy range S$13.73-13.75
Last: S$ 13.79
TP: S$ 14.70
SL: S$ 13.53

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