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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Beyond Headlines Series
MALAYSIA POST-BUDGET DISCUSSION

Curious about how Budget 2025 will transform Malaysia's economic landscape under the Ekonomi Madani framework? Don’t miss this chance to hear cutting-edge insights from top experts on how the latest budget is driving strategic investments, boosting government efficiency, and ensuring inclusive growth for all Malaysians.

Secure your spot in this must-attend event.
πŸ“… Date: Saturday, 26 Oct 2024
πŸ•” Time: 11:30am - 12:30am (1hr)
πŸ“ˆ Mode: Online Webinar
πŸ—£οΈ Language: English
πŸ”— REGISTER NOW! OPEN TO PUBLIC
https://bit.ly/MalaysiaBudget2024Review

Organiser: UOB Kay Hian Wealth Advisors Sdn Bhd
Co-Organiser: Faculty of Business sand Economics, Universiti Malaya

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#UOBKayHian
#BeyondHeadlines
#MalaysiaBudget2025 #Budget2025
#Belanjawan2025
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FBMKLCI Week Ahead (21-25 October)

πŸ”·The FBMKLCI is expected to trade steadily within the range of 1,655 to 1,665 as investors digest the recently announced Malaysia Budget 2025 by Prime Minister Anwar.

πŸ”·Key measures include support for homeownership, with provisions for 57,000 first-time homebuyers under the SJKP scheme and tax relief of up to RM7,000 for three consecutive years for first-time buyers.

πŸ”·These incentives are anticipated to benefit the property and construction sectors, along with their supply chains

#UOBKayHian
#UOBKayHianMalaysia
#UTRADEMY
#UTRADE
#MohdSedekJantan
#BursaMalaysia
#FBMKLCIWeeklyOutlook
#FBMKLCI
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Join our upcoming educational webinar in collaboration with Bursa Malaysia-i.

ABOUT THIS MASTERCLASS

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

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

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[Session 2] Technical Analysis Masterclass & Trading on Structured Warrants Masterclass | 1:30pm – 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
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#UOBKayHian
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UOBKH Retail Market Monitor
21 October 2024

FBMKLCI: 1,645.99 (+4.55)
Support: 1,616, 1,600
Resistance: 1,662, 1,683

Bursa Top Gainers:
YTL (+2.7%), AXIATA (+2.1%), GENTING(+1.8%)

Bursa Top Losers:
RHB (-0.93%), PETGAS (-0.90%), PCHEM (-0.88%)

Bursa Trade Statistics
Local Institutions (46.06%): -RM187m
Local Retail (17.20%): -RM39m
Foreign (36.74%): +RM226m

Global Equity Indexes
MSCI Asia : 191.39 (-2.26,+ 1.19%)
NASDAQ : 18,489.55 (+115.94, + 0.63 %)
S&P500 : 5,864.67 (+23.20, + 0.40%)
DJIA : 43,275.91 (+36.86, +0.09%)

USD/MYR : 4.306 (+0.006)
SGD/MYR : 3.2807 (+0.0013)

Crude Oil : $69.26 (+0.04)
Gold: $2,738.60 (+8.60)


US stocks were higher after the close on Friday, as gains in the Consumer Services, Utilities and Basic Materials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average added 0.09% to hit a new all-time high, while the S&P 500 index added 0.40%, and the NASDAQ Composite index gained 0.63%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,549 to 1236 and 98 ended unchanged; on the Nasdaq Stock Exchange, 1,814 rose and 1,465 declined, while 126 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) CEKD (KLSE: 0238)
Technical BUY on breakout (RM0.485) with +22.7% potential return
* Last: RM0.48 TP: RM0.535, RM0.595 SL: RM0.4455
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) CORAZA (KLSE: 0240)
Technical BUY on breakout (RM0.405) with +22.4% potential return
* Last: RM0.39 TP: RM0.47, RM0.52, SL: RM0.355
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) CYPARK (KLSE: 5184)
Technical BUY with +18.7% potential return
* Last: RM0.67 TP: RM0.745, RM0.795 SL: RM605
* 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
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UOBKH Malaysia Trading Idea
21 October 2024
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Follow our official UOB Kay Hian Instagram page for event updates: https://www.instagram.com/uobkayhianmalaysia/

#TradingIdea #UOBKayHian #UOBKayHianMalaysia
UOBKH Singapore Retail Market Monitor
21 October 2024

Short Term Opportunity:
1) iFAST Corp (SGX: AIY)
Technical Buy range S$7.68-7.70
Last: S$7.75
TP: S$8.44
SL: S$7.48

2) Singapore Tech Engineering (SGX: S63)
Technical Buy range S$4.76-4.77
Last: S$4.81
TP: S$5.24
SL: SS$4.58

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
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DON'T FORGET TO REGISTER FOR THIS WEBINAR!

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

πŸ“… Date: Tuesday, 22 Oct 2024
πŸ•” Time: 6:30pm - 7:30pm (1hr)
πŸ“ˆ Mode: Online Webinar
πŸ—£οΈ Language: English

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

πŸ”ΉPresented by Qi Wang, CIO, UOB Kay Hian Wealth Management

πŸ”Ή 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
WEBINAR INVITATION

Finding Magic In The Mundane

πŸ“† Saturday, 26 October 2024
⏰ 9:00am-11.00am
🌐 Register at https://bit.ly/4eXZvR0
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Session 1 β€’ Uncovering Exciting Laggards
Presented by Keith Wee, Associate Director, Financials, UOB Kay Hian

The KL Finance index has outperformed the FBMKLCI by 7ppt ytd fueled by a surge in net foreign inflows. Given that sector valuations of 1.25x PBV is currently trading at a relatively rich +1 Standard Deviation (SD) above its historical mean P/B (1.13x) we advocate investors switching to laggards within the sector.

Session 2 β€’ Finding Magic In The Mundane
Presented by Desmond Chong, Head of Research, UOB Kay Hian

The modern adage "wake me up when September ends" continues to resonate as the local market adopts a risk-off stance ahead of the US presidential election in November.
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FBMKLCI Market Closing Commentary
21 Oct 2024

#UOBKayHianMalaysia
#FBMKLCIMarketClosingCommentary
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