FBMKLCI Week Ahead (28 October - 1 November 2024)
Note: Short trading week
πΉBursa Malaysia is expected to trade within a narrow range as geopolitical uncertainties, particularly Japanβs upcoming general election and the U.S. presidential election, weigh on market sentiment.
πΉDespite strong economic data from both Malaysia and the U.S., and approximately 160 S&P 500 companies reporting quarterly results so far, investor caution remains elevated.
πΉThe FBMKLCI closed the week at 1618.30, reflecting a 1.68% decline from last weekβs 1645.99.
πΉGiven current regional and global uncertainties, we anticipate the FBMKLCI to trade within the 1640-1645 range in the coming week.
#UOBKayHian
#UOBKayHianMalaysia
#UTRADEMY
#UTRADE
#MohdSedekJantan
#BursaMalaysia
#FBMKLCIWeeklyOutlook
#FBMKLCI
Note: Short trading week
πΉBursa Malaysia is expected to trade within a narrow range as geopolitical uncertainties, particularly Japanβs upcoming general election and the U.S. presidential election, weigh on market sentiment.
πΉDespite strong economic data from both Malaysia and the U.S., and approximately 160 S&P 500 companies reporting quarterly results so far, investor caution remains elevated.
πΉThe FBMKLCI closed the week at 1618.30, reflecting a 1.68% decline from last weekβs 1645.99.
πΉGiven current regional and global uncertainties, we anticipate the FBMKLCI to trade within the 1640-1645 range in the coming week.
#UOBKayHian
#UOBKayHianMalaysia
#UTRADEMY
#UTRADE
#MohdSedekJantan
#BursaMalaysia
#FBMKLCIWeeklyOutlook
#FBMKLCI
β€2
Forwarded from UOB Kay Hian Malaysia (Official)
Beyond Headlines Series
MALAYSIA POST-BUDGET DISCUSSION
Curious about how Budget 2025 will transform Malaysia's economic landscape under the Ekonomi Madani framework? Donβt 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.
π Date: Saturday, 26 Oct 2024
π Time: 11:30am - 12:30am (1hr)
π Mode: Online Webinar
π£οΈ Language: English
π 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
__
#UOBKayHianMalaysia
#UOBKayHian
#BeyondHeadlines
#MalaysiaBudget2025 #Budget2025
#Belanjawan2025
MALAYSIA POST-BUDGET DISCUSSION
Curious about how Budget 2025 will transform Malaysia's economic landscape under the Ekonomi Madani framework? Donβt 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.
π Date: Saturday, 26 Oct 2024
π Time: 11:30am - 12:30am (1hr)
π Mode: Online Webinar
π£οΈ Language: English
π 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
__
#UOBKayHianMalaysia
#UOBKayHian
#BeyondHeadlines
#MalaysiaBudget2025 #Budget2025
#Belanjawan2025
UOBKH Retail Market Monitor
28 October 2024
FBMKLCI: 1,618.30 (-13.93)
Support: 1,616, 1,600
Resistance: 1,662, 1,683
Bursa Top Gainers:
IHH (+1.2%), SDG (+0.63%), TENAGA (+0.14%)
Bursa Top Losers:
YTL (-7.5%), YTLPOWR (-6.8%), MAXIS (-3.4%)
Bursa Trade Statistics
Local Institutions (43.88%): +RM36.51m
Local Retail (22.43%): +RM28.77m
Foreign (33.69%): -RM65.28m
Global Equity Indexes
MSCI Asia : 186.54 (-0.33, -0.18%)
NASDAQ : 18,518.61 (+103.12, +0.56%)
S&P500 : 5,808.12 (-1.74, -0.03%)
DJIA : 42,114.40 (-259.96, -0.61%)
USD/MYR : 4.3498 (+0.0038)
SGD/MYR : 3.2872 (-0.0074)
Crude Oil : $68.80 (-1.81)
Gold : $2,733.62 (+0.26)
US stocks were mixed after the close on Friday, as gains in the Technology, Oil & Gas and Consumer Goods sectors led shares higher while losses in the Telecoms, Utilities and Financials sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average lost 0.61%, while the S&P 500 index lost 0.03%, and the NASDAQ Composite index added 0.56%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1,738 to 1,051 and 97 ended unchanged; on the Nasdaq Stock Exchange, 1,779 fell and 1,515 advanced, while 114 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) GCAP (KLSE: 7676)
Technical BUY with +26.3% potential return
* Last: RM0.495 TP: RM0.595, RM0.625 SL: RM0.425
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) HEXRTL (KLSE: 7202)
Technical BUY on breakout (RM0.49) with +25.5% potential return
* Last: RM0.485 TP: RM0.565, RM0.615 SL: RM0.44
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) PENTA (KLSE: 7160)
Technical BUY with +19.7% potential return
* Last: RM3.86 TP: RM4.36, RM4.62 SL: RM3.57
* 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
28 October 2024
FBMKLCI: 1,618.30 (-13.93)
Support: 1,616, 1,600
Resistance: 1,662, 1,683
Bursa Top Gainers:
IHH (+1.2%), SDG (+0.63%), TENAGA (+0.14%)
Bursa Top Losers:
YTL (-7.5%), YTLPOWR (-6.8%), MAXIS (-3.4%)
Bursa Trade Statistics
Local Institutions (43.88%): +RM36.51m
Local Retail (22.43%): +RM28.77m
Foreign (33.69%): -RM65.28m
Global Equity Indexes
MSCI Asia : 186.54 (-0.33, -0.18%)
NASDAQ : 18,518.61 (+103.12, +0.56%)
S&P500 : 5,808.12 (-1.74, -0.03%)
DJIA : 42,114.40 (-259.96, -0.61%)
USD/MYR : 4.3498 (+0.0038)
SGD/MYR : 3.2872 (-0.0074)
Crude Oil : $68.80 (-1.81)
Gold : $2,733.62 (+0.26)
US stocks were mixed after the close on Friday, as gains in the Technology, Oil & Gas and Consumer Goods sectors led shares higher while losses in the Telecoms, Utilities and Financials sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average lost 0.61%, while the S&P 500 index lost 0.03%, and the NASDAQ Composite index added 0.56%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1,738 to 1,051 and 97 ended unchanged; on the Nasdaq Stock Exchange, 1,779 fell and 1,515 advanced, while 114 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) GCAP (KLSE: 7676)
Technical BUY with +26.3% potential return
* Last: RM0.495 TP: RM0.595, RM0.625 SL: RM0.425
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) HEXRTL (KLSE: 7202)
Technical BUY on breakout (RM0.49) with +25.5% potential return
* Last: RM0.485 TP: RM0.565, RM0.615 SL: RM0.44
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) PENTA (KLSE: 7160)
Technical BUY with +19.7% potential return
* Last: RM3.86 TP: RM4.36, RM4.62 SL: RM3.57
* 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
Telegram
UOB Kay Hian Malaysia (Official)
Daily local, regional and global stock trading and wealth building investment ideas.
Link in bio
https://linktr.ee/UOBKayHianMalaysia
Link in bio
https://linktr.ee/UOBKayHianMalaysia
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UOBKH Malaysia Trading Idea
28 October 2024
___
Follow our official UOB Kay Hian Instagram page for event updates: https://www.instagram.com/uobkayhianmalaysia/
#TradingIdea #UOBKayHian #UOBKayHianMalaysia
28 October 2024
___
Follow our official UOB Kay Hian Instagram page for event updates: https://www.instagram.com/uobkayhianmalaysia/
#TradingIdea #UOBKayHian #UOBKayHianMalaysia
Forwarded from UOB Kay Hian Malaysia (Official)
ANNOUNCEMENT
π²πΎBursa Shariah Equitiesπ²πΎ
Active Traders Campaign
Trade in Shariah-compliant stocks on Bursa Malaysia and get the chance to redeem for a Harvey Norman Gift Card worth RM488!
Promotion Period:
1 October 2024-31 December 2024
Details and full T&C ππΎ
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https://www.bit.ly/ActiveTradersMY
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#UOBKayHian
#UOBKayHianMalaysia
#UTRADE #UTRADEMalaysia
#UTRADEGlobalStockTradingSuperapp
#ActiveTradersCampaign
#TradeBursaShariah
#BursaMalaysia-i
#HarveyNorman
π²πΎBursa Shariah Equitiesπ²πΎ
Active Traders Campaign
Trade in Shariah-compliant stocks on Bursa Malaysia and get the chance to redeem for a Harvey Norman Gift Card worth RM488!
Promotion Period:
1 October 2024-31 December 2024
Details and full T&C ππΎ
https://www.bit.ly/ActiveTradersMY
https://www.bit.ly/ActiveTradersMY
https://www.bit.ly/ActiveTradersMY
https://www.bit.ly/ActiveTradersMY
https://www.bit.ly/ActiveTradersMY
#UOBKayHian
#UOBKayHianMalaysia
#UTRADE #UTRADEMalaysia
#UTRADEGlobalStockTradingSuperapp
#ActiveTradersCampaign
#TradeBursaShariah
#BursaMalaysia-i
#HarveyNorman
Forwarded from UOB Kay Hian Malaysia (Official)
ANNOUNCEMENT
π¦πΊAustralia Equitiesπ¦πΊ
Active Traders Campaign
Trade the Australia stock market and get the chance to redeem for a pair of flight tickets to Perth!
Promotion Period:
1 October 2024-31 December 2024
Details and T&C ππΎ
https://www.bit.ly/ActiveTradersAU
https://www.bit.ly/ActiveTradersAU
https://www.bit.ly/ActiveTradersAU
https://www.bit.ly/ActiveTradersAU
https://www.bit.ly/ActiveTradersAU
#UOBKayHian
#UOBKayHianMalaysia
#UTRADE #UTRADEMalaysia
#UTRADEGlobalStockTradingSuperapp
#ActiveTradersCampaign
#TradeAustraliaStockMarket
#AustraliaSecuritiesExchange #ASX
#WinATripToPerth
π¦πΊAustralia Equitiesπ¦πΊ
Active Traders Campaign
Trade the Australia stock market and get the chance to redeem for a pair of flight tickets to Perth!
Promotion Period:
1 October 2024-31 December 2024
Details and T&C ππΎ
https://www.bit.ly/ActiveTradersAU
https://www.bit.ly/ActiveTradersAU
https://www.bit.ly/ActiveTradersAU
https://www.bit.ly/ActiveTradersAU
https://www.bit.ly/ActiveTradersAU
#UOBKayHian
#UOBKayHianMalaysia
#UTRADE #UTRADEMalaysia
#UTRADEGlobalStockTradingSuperapp
#ActiveTradersCampaign
#TradeAustraliaStockMarket
#AustraliaSecuritiesExchange #ASX
#WinATripToPerth
β€1
Forwarded from UOB Kay Hian Malaysia (Official)
Trade Hong Kong - The World's Financial Hub
Looking to diversify your investment portfolio? Hong Kong isn't just a city; it's a financial powerhouse. Thinking about investing in Asia? Hong Kong's your front-row seat.
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HKEX Online Brokerage Rates
We offer 0.17% online brokerage or HKD100 minimum. All HKEX trades are subject to minimum brokerage and applicable exchange levies, fees, stamp duties and taxes. Reach out to your Dealer's Representative to find out more.
#UOBKayHianMalaysia
#UTRADEGlobalStockTradingSuperApp
#TradeHongKong
Looking to diversify your investment portfolio? Hong Kong isn't just a city; it's a financial powerhouse. Thinking about investing in Asia? Hong Kong's your front-row seat.
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HKEX Online Brokerage Rates
We offer 0.17% online brokerage or HKD100 minimum. All HKEX trades are subject to minimum brokerage and applicable exchange levies, fees, stamp duties and taxes. Reach out to your Dealer's Representative to find out more.
#UOBKayHianMalaysia
#UTRADEGlobalStockTradingSuperApp
#TradeHongKong
β€1π1
UOBKH Retail Market Monitor
29 October 2024
FBMKLCI: 1,610.47 (-7.83)
Support: 1,600, 1,575
Resistance: 1,662, 1,683
Bursa Top Gainers:
NESTLE (+2.8%), KLK (+2.1%), YTLPOWR (+2.0%)
Bursa Top Losers:
SUNWAY (-3.1%), TENAGA (-2.6%), IHH (-1.9%)
Bursa Trade Statistics
Local Institutions (38.14%): +RM88.47m
Local Retail (20.11%): +RM29.66m
Foreign (41.75%): -RM118.12m
Global Equity Indexes
MSCI Asia : 186.54 (No Changes)
NASDAQ : 18,567.19 (+48.58, +0.26%)
S&P500 : 5,823.52 (+15.40, +0.27%)
DJIA : 42,387.57 (+273.17, +0.65%)
USD/MYR : 4.3625 (+0.0127)
SGD/MYR : 3.2988 (+0.0116)
Crude Oil : $67.92 (-0.88)
Gold : $2,744.19 (+10.57)
US stocks were higher after the close on Monday, as gains in the Financials, Basic Materials and Telecoms sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average added 0.65%, while the S&P 500 index gained 0.27%, and the NASDAQ Composite index climbed 0.27%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,849 to 956 and 78 ended unchanged; on the Nasdaq Stock Exchange, 2,259 rose and 1,047 declined, while 120 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) OCK (KLSE: 0172)
Technical BUY on breakout (RM0.49) with +20.4% potential return
* Last: RM0.475 TP: RM0.545, RM0.59 SL: RM0.445
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) SBCCORP (KLSE: 5207)
Technical BUY on breakout (RM0.405) with +22.2% potential return
* Last: RM0.399 TP: RM0.465, RM0.495 SL: RM0.355
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) SIGN (KLSE: 7246)
Technical BUY with +17.6% potential return
* Last: RM1.31 TP: RM1.43, RM1.54 SL: RM1.21
* 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
29 October 2024
FBMKLCI: 1,610.47 (-7.83)
Support: 1,600, 1,575
Resistance: 1,662, 1,683
Bursa Top Gainers:
NESTLE (+2.8%), KLK (+2.1%), YTLPOWR (+2.0%)
Bursa Top Losers:
SUNWAY (-3.1%), TENAGA (-2.6%), IHH (-1.9%)
Bursa Trade Statistics
Local Institutions (38.14%): +RM88.47m
Local Retail (20.11%): +RM29.66m
Foreign (41.75%): -RM118.12m
Global Equity Indexes
MSCI Asia : 186.54 (No Changes)
NASDAQ : 18,567.19 (+48.58, +0.26%)
S&P500 : 5,823.52 (+15.40, +0.27%)
DJIA : 42,387.57 (+273.17, +0.65%)
USD/MYR : 4.3625 (+0.0127)
SGD/MYR : 3.2988 (+0.0116)
Crude Oil : $67.92 (-0.88)
Gold : $2,744.19 (+10.57)
US stocks were higher after the close on Monday, as gains in the Financials, Basic Materials and Telecoms sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average added 0.65%, while the S&P 500 index gained 0.27%, and the NASDAQ Composite index climbed 0.27%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,849 to 956 and 78 ended unchanged; on the Nasdaq Stock Exchange, 2,259 rose and 1,047 declined, while 120 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) OCK (KLSE: 0172)
Technical BUY on breakout (RM0.49) with +20.4% potential return
* Last: RM0.475 TP: RM0.545, RM0.59 SL: RM0.445
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) SBCCORP (KLSE: 5207)
Technical BUY on breakout (RM0.405) with +22.2% potential return
* Last: RM0.399 TP: RM0.465, RM0.495 SL: RM0.355
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) SIGN (KLSE: 7246)
Technical BUY with +17.6% potential return
* Last: RM1.31 TP: RM1.43, RM1.54 SL: RM1.21
* 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
Telegram
UOB Kay Hian Malaysia (Official)
Daily local, regional and global stock trading and wealth building investment ideas.
Link in bio
https://linktr.ee/UOBKayHianMalaysia
Link in bio
https://linktr.ee/UOBKayHianMalaysia
Media is too big
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UOBKH Malaysia Trading Idea
29 October 2024
___
Follow our official UOB Kay Hian Instagram page for event and promotion updates: https://www.instagram.com/uobkayhianmalaysia/
#TradingIdea #UOBKayHian #UOBKayHianMalaysia
29 October 2024
___
Follow our official UOB Kay Hian Instagram page for event and promotion updates: https://www.instagram.com/uobkayhianmalaysia/
#TradingIdea #UOBKayHian #UOBKayHianMalaysia
UOBKH Singapore Retail Market Monitor
29 October 2024
Short Term Opportunity:
1) Thai Beverage (SGX: Y92)
Technical Buy range S$0.520-0.525
Last: S$ 0.525
TP: S$ 0.570
SL: S$ 0.505
2) Jiutian Chemical Group (SGX: C8R)
Technical Buy range S$ 0.029-0.030
Last: S$ 0.030
TP: S$ 0.039
SL: S$ 0.028
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
29 October 2024
Short Term Opportunity:
1) Thai Beverage (SGX: Y92)
Technical Buy range S$0.520-0.525
Last: S$ 0.525
TP: S$ 0.570
SL: S$ 0.505
2) Jiutian Chemical Group (SGX: C8R)
Technical Buy range S$ 0.029-0.030
Last: S$ 0.030
TP: S$ 0.039
SL: S$ 0.028
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
Telegram
UOB Kay Hian Malaysia (Official)
Daily local, regional and global stock trading and wealth building investment ideas.
Link in bio
https://linktr.ee/UOBKayHianMalaysia
Link in bio
https://linktr.ee/UOBKayHianMalaysia
UOBKH Hong Kong Retail Market Monitor
29 October 2024
Short Term Opportunity:
1) Sands China Ltd.(HKEX: 1928)
Technical BUY range HK$ 20.15-20.40
Last: HK$ 20.45
TP: HK$ 21.35/ HK$ 22.50
SL: HK$ 19.16
2) Air China Limited (HKEX: 753)
Technical BUY range HK$ 4.11-4.20
Last: HK$ 4.20
TP: HK$ 4.40/ HK$ 4.79
SL: HK$ 3.84
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
29 October 2024
Short Term Opportunity:
1) Sands China Ltd.(HKEX: 1928)
Technical BUY range HK$ 20.15-20.40
Last: HK$ 20.45
TP: HK$ 21.35/ HK$ 22.50
SL: HK$ 19.16
2) Air China Limited (HKEX: 753)
Technical BUY range HK$ 4.11-4.20
Last: HK$ 4.20
TP: HK$ 4.40/ HK$ 4.79
SL: HK$ 3.84
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
Telegram
UOB Kay Hian Malaysia (Official)
Daily local, regional and global stock trading and wealth building investment ideas.
Link in bio
https://linktr.ee/UOBKayHianMalaysia
Link in bio
https://linktr.ee/UOBKayHianMalaysia
β€1
UOBKH Retail Market Monitor
30 October 2024
FBMKLCI: 1,615.08 (+4.61)
Support: 1,600, 1,575
Resistance: 1,662, 1,683
Bursa Top Gainers:
MAXIS (+5.0%), SIME (+2.5%), YTLPOWR (+2.3%)
Bursa Top Losers:
NESTLE (-2.9%), MRDIY (-1.8%), AXIATA (-1.3%)
Bursa Trade Statistics
Local Institutions (43.10%): +RM362.16m
Local Retail (16.65%): -RM15.97m
Foreign (40.25%): -RM346.19m
Global Equity Indexes
MSCI Asia : 187.03 (+0.49, +0.26%)
NASDAQ : 18,712.75 (+145.56, +0.81%)
S&P500 : 5,832.92 (+9.40, +0.16%)
DJIA : 42,233.05 (-154.52, -0.36%)
USD/MYR : 4.3710 (+0.0085)
SGD/MYR : 3.3025 (+0.0037)
Crude Oil : $67.46 (-0.46)
Gold : $2,776.31 (+33.12)
US stocks were mixed after the close on Tuesday, as gains in the Technology, Consumer Services and Healthcare sectors led shares higher while losses in the Utilities, Oil & Gas and Consumer Goods sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average declined 0.36%, while the S&P 500 index added 0.16%, and the NASDAQ Composite index gained 0.81%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1,897 to 920 and 73 ended unchanged; on the Nasdaq Stock Exchange, 1,819 fell and 1,489 advanced, while 106 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) HWGB (KLSE: 9601)
Technical BUY on breakout (RM0.235) with +34.1% potential return
* Last: RM0.215 TP: RM0.275, RM0.295 SL: RM0.19
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) PGLOBE (KLSE: 3611)
Technical BUY with +24.6% potential return
* Last: RM0.305 TP: RM0.345, RM0.38 SL: RM0.265
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) YBS (KLSE: 0025)
Technical BUY with +31.1% potential return
* Last: RM0.74 TP: RM0.87, RM0.97 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
30 October 2024
FBMKLCI: 1,615.08 (+4.61)
Support: 1,600, 1,575
Resistance: 1,662, 1,683
Bursa Top Gainers:
MAXIS (+5.0%), SIME (+2.5%), YTLPOWR (+2.3%)
Bursa Top Losers:
NESTLE (-2.9%), MRDIY (-1.8%), AXIATA (-1.3%)
Bursa Trade Statistics
Local Institutions (43.10%): +RM362.16m
Local Retail (16.65%): -RM15.97m
Foreign (40.25%): -RM346.19m
Global Equity Indexes
MSCI Asia : 187.03 (+0.49, +0.26%)
NASDAQ : 18,712.75 (+145.56, +0.81%)
S&P500 : 5,832.92 (+9.40, +0.16%)
DJIA : 42,233.05 (-154.52, -0.36%)
USD/MYR : 4.3710 (+0.0085)
SGD/MYR : 3.3025 (+0.0037)
Crude Oil : $67.46 (-0.46)
Gold : $2,776.31 (+33.12)
US stocks were mixed after the close on Tuesday, as gains in the Technology, Consumer Services and Healthcare sectors led shares higher while losses in the Utilities, Oil & Gas and Consumer Goods sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average declined 0.36%, while the S&P 500 index added 0.16%, and the NASDAQ Composite index gained 0.81%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1,897 to 920 and 73 ended unchanged; on the Nasdaq Stock Exchange, 1,819 fell and 1,489 advanced, while 106 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) HWGB (KLSE: 9601)
Technical BUY on breakout (RM0.235) with +34.1% potential return
* Last: RM0.215 TP: RM0.275, RM0.295 SL: RM0.19
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) PGLOBE (KLSE: 3611)
Technical BUY with +24.6% potential return
* Last: RM0.305 TP: RM0.345, RM0.38 SL: RM0.265
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) YBS (KLSE: 0025)
Technical BUY with +31.1% potential return
* Last: RM0.74 TP: RM0.87, RM0.97 SL: RM0.64
* Timeframe: 2 weeks to 2 months
* Shariah: YES
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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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