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 Retail Market Monitor
11 October 2024

FBMKLCI: 1,640.94 (+6.31)
Support: 1,628, 1,600
Resistance: 1,700, 1,735

Bursa Top Gainers:
YTL (+2.5%), CDB (+1.7%), SIME (+1.6%)

Bursa Top Losers:
NESTLE (-1.2%), QL (-0.4%), TENAGA (-0.3%)

Bursa Trade Statistics
Local Institutions (41.20%): -RM33.64m
Local Retail (18.05%): RM-20.29m
Foreign (40.75%): RM53.93m

Global Equity Indexes
MSCI Asia : 191.11 (-0.88, --0.46%)
NASDAQ : 18,282.05 (-9.57, -0.05%)
S&P500 : 5,780.05 (-11.99, -0.21%)
DJIA : 42,454.12 (-57.88, -0.14%)

USD/MYR : 4.2873 (-0.0082)
SGD/MYR : 3.2821 (-0.0038)

Crude Oil : $75.81 (+2.40)
Gold : $2,633.87 (+26.78)

U.S. stocks were lower after the close on Thursday, as losses in the Telecoms, Industrials and Consumer Goods sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average fell 0.14%, while the S&P 500 index declined 0.21%, and the NASDAQ Composite index lost 0.04%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1575 to 1185 and 114 ended unchanged; on the Nasdaq Stock Exchange, 2005 fell and 1265 advanced, while 140 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) MUHIBAH (KLSE: 5703)
Technical BUY with +28.6% potential return
** Last: RM0.925 TP: RM1.09, RM1.19 SL: RM0.790
** Timeframe: 2 weeks to 2 months
** Shariah: YES

2) NATGATE (KLSE: 0270)
Technical BUY with +35.0% potential return
** Last: RM1.80 TP: RM2.04, RM2.43 SL: RM1.64
** Timeframe: 2 weeks to 2 months
** Shariah: YES

3) HEXTECH (KLSE: 5136)
Technical BUY with+21.9% potential return
** Last: RM1.14 TP: RM1.33, RM1.39 SL: RM1.11
** 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
๐Ÿ‘1
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UOBKH Malaysia Trading Idea
11 October 2024
___

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

#TradingIdea #UOBKayHian #UOBKayHianMalaysia
๐Ÿ‘2
UOBKH Singapore Retail Market Monitor
11 October 2024

Short Term Opportunity:
1) Seatrium Ltd (SGX: 5E2)
Technical BUY range : S$1.99-2.00
Last: S$2.02
TP: S$2.36
SL: S$1.91

2) Jiutian Chemical (SGX: C8R)
Trading buy range: S$0.033-0.034
Last: S$0.035
TP: S$0.042
SL: S$0.032


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
๐Ÿ‘1
Bersama InvestSmartยฎ Fest 2024
Bijak Labur Hidup Makmur

This yearโ€™s InvestSmartยฎ Fest 2024 (โ€œISF 2024โ€), themed Bijak Labur Hidup Makmur,in conjunction with the World Investor Week 2024 and Financial Literacy Month 2024. The 3-day event aims to empower the Malaysian public to be a smart investor, particularly in a time when investments scams are rampant.

Visit the UOB Kay Hian Booth No. S08 and S09 for Account Opening Promotion, freebies and more...

See you there from Friday, 11 October to Sunday, 13 October 2024.
__

๐Ÿ“† Date: 11 โ€“ 13 October 2024
โฐ Time: 10:00 am onwards
๐Ÿ“Œ Venue: Hall 2 & Hall 3, Mid Valley Exhibition Centre, Mid Valley Mall, Kuala Lumpur.

This event is open to the public and admission is FREE.

__

#UOBKayHian
#UTRADE
#UTRADEMY
#BersamaInvestSmart
#InvestSmart
#BijakLaburHidupMakmur
โค1
FBMKLCI Weekly Outlook
14 October - 18 October 2024


#UOBKayHianMalaysia
#FBMKLCIWeeklyOutlook
๐Ÿ‘1
Bersama InvestSmartยฎ Fest 2024
Bijak Labur Hidup Makmur

Visit the UOB Kay Hian Booth No. S08 and S09 for Account Opening Promotion, freebies and more...

See you there from Friday, 11 October to Sunday, 13 October 2024.
__

๐Ÿ“† Date: 11 โ€“ 13 October 2024
โฐ Time: 10:00 am onwards
๐Ÿ“Œ Venue: Hall 2 & Hall 3, Mid Valley Exhibition Centre, Mid Valley Mall, Kuala Lumpur.

This event is open to the public and admission is FREE.

https://www.instagram.com/reel/DA-DjySJKPv/?igsh=OTV6OG01cmp6enVz

__

#UOBKayHian
#UTRADE
#UTRADEMY
#BersamaInvestSmart
#InvestSmart
#BijakLaburHidupMakmur
Join our upcoming educational webinar in collaboration with Bursa Malaysia-i.

ABOUT THIS MASTERCLASS

Fundamental Analysis Masterclass | 9:30am โ€“ 12:30pm
Presented by Jack Goh, Research Analyst, UOB Kay Hian

Language: English
Registration Link for Online Class FA: https://bit.ly/MasterclassFAOct

Gain skills to evaluate a company's financial health and intrinsic value using financial statements and economic indicators.
__

Technical Analysis Masterclass & Trading on Structured Warrants Masterclass | 1:30pm โ€“ 5:30pm
Presented by Fakhrul Asyraq, Investment Analyst, UOB Kay Hian and Choong Kum Kie, Equity Derivatives Sales, Macquarie Warrants Malaysia

Language: Bilingual (English and Bahasa)
Registration Link for Online Class TA: https://bit.ly/MasterclassTAOct

Technical Analysis Masterclass: Learn to use chart patterns, trend lines, and indicators to predict market trends and make informed trading decisions.

Trading on Structured Warrants Masterclass: Understand structured warrants, their risks, and rewards, and learn to execute effective trading strategies.
_

#UOBKayHianEvents
#UOBKayHian
UOBKH Retail Market Monitor
14 October 2024

FBMKLCI: 1,640.94 (-7.39)
Support: 1,628, 1,600
Resistance: 1,700, 1,735

Bursa Top Gainers:
SUNWAY (+2.3%), CIMB (+1.7%), NESTLE (+0.9%)

Bursa Top Losers:
PBBANK (-5.7%), SIME (-2.4%), YTL (-2.0%)

Bursa Trade Statistics
Local Institutions (41.20%): -RM34.00m
Local Retail (18.05%): -RM20.00m
Foreign (40.75%): +RM54.00m

Global Equity Indexes
MSCI Asia : 192.54 (No Changes)
NASDAQ : 18,342.94 (+60.89, +0.33%)
S&P500 : 5,815.03 (+34.98, +0.61%)
DJIA : 42,863.86 (+409.74, +0.97%)

USD/MYR : 4.2985 (+0.0112)
SGD/MYR : 3.2920 (+0.0099)

Crude Oil : $74.22 (-1.59)
Gold : $2,647.02 (+13.15)

US stocks were higher after the close on Friday, as gains in the Financials, Industrials and Consumer Services sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average gained 0.97% to hit a new all time high, while the S&P 500 index added 0.61%, and the NASDAQ Composite index climbed 0.33%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 2147 to 659 and 78 ended unchanged; on the Nasdaq Stock Exchange, 2400 rose and 905 declined, while 122 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) FAJAR (KLSE: 7047)
Technical BUY with +31.8% potential return
* Last: RM0.425 TP: RM0.465, RM0.560 SL: RM0.365
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) HUPSENG (KLSE: 5024)
Technical BUY with +15.8% potential return
* Last: RM1.20 TP: RM1.29, RM1.39 SL: RM0.985
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) MTEC (KLSE: 0295)
Technical BUY with +13.5% potential return
* Last: RM1.10 TP: RM1.29, RM1.49 SL: RM1.02
* 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
๐Ÿ‘1
Media is too big
VIEW IN TELEGRAM
UOBKH Malaysia Trading Idea
14 October 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
14 October 2024

Short Term Opportunity:
1) Top Glove (SGX: BVA)
Technical BUY range : S$0.315-0.320
Last: S$0.325
TP: S$0.370
SL: S$0.295

2) PropNex (SGX: OYY)
Trading buy range: S$0.790-0.795
Last: S$0.795
TP: S$0.875
SL: S$0.770


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

Latest Strategies for U.S. Stock Indices and Oil Ahead of the Presidential Election

๐Ÿ“… Date: Tuesday, 15 Oct 2024
๐Ÿ•” Time: 6:30pm - 7:30pm (1hr)
๐Ÿ“ˆ Mode: Online Webinar
๐Ÿ—ฃ๏ธ Language: Cantonese

๐Ÿ”— REGISTER NOW! OPEN TO PUBLIC
https://register.gotowebinar.com/register/6139600804021442140?source=MY

๐Ÿ”นPresented by Mr. Pierce Tam, CME External Educator

๐Ÿ”นWith the U.S. presidential election approaching, geopolitical risks and the market are increasingly interconnected. In this unpredictable economic context, how can we effectively strategize our oil market investments?

#UOBKayHian
#UOBKayHianEvents
#UOBKHHK
DON'T FORGET TO REGISTER FOR THIS WEBINAR!

CIO Series 13: How to Best Position for a Potential China Recovery

๐Ÿ“… Date: Tuesday, 22 Oct 2024
๐Ÿ•” Time: 6:30pm - 7:30pm (1hr)
๐Ÿ“ˆ Mode: Online Webinar
๐Ÿ—ฃ๏ธ Language: English

๐Ÿ”— REGISTER NOW! OPEN TO PUBLIC
https://attendee.gotowebinar.com/register/4982902473166142042?source=my

๐Ÿ”นPresented by Qi Wang, CIO, UOB Kay Hian Wealth Management

๐Ÿ”น In this CIO Series, we will explore how to navigate long-term challenges faced by China, such as macroeconomic uncertainty and policy risks, while seizing short-term trading opportunities. Is the current rally sustainable? What key macro indicators should we monitor? Join us as we discuss how to best position for a potential economic recovery in China.


#UOBKayHianMalaysia
#CIOSeries
โค1
Join our upcoming educational webinar in collaboration with Bursa Malaysia-i.

ABOUT THIS MASTERCLASS

[Session 1] Fundamental Analysis Masterclass | 9:30am โ€“ 12:30pm
Presented by Jack Goh, Research Analyst, UOB Kay Hian

Language: English
Registration Link for Online Class FA: https://bit.ly/MasterclassFAOct

__

[Session 2] Technical Analysis Masterclass & Trading on Structured Warrants Masterclass | 1:30pm โ€“ 5:30pm
Presented by Fakhrul Asyraq, Investment Analyst, UOB Kay Hian and Choong Kum Kie, Equity Derivatives Sales, Macquarie Warrants Malaysia

Language: Bilingual (English and Bahasa)
Registration Link for Online Class TA: https://bit.ly/MasterclassTAOct
_

#UOBKayHianEvents
#UOBKayHian