UOBKH Singapore Retail Market Monitor
4 November 2024

Short Term Opportunity:
1) SATS (SGX: S58)
Technical BUY range : S$3.95-3.96
Last: S$3.97
TP: S$4.30
SL: S$3.85

2) Top Glove Corp (SGX: BVA)
Trading buy range: S$0.320-0.325
Last: S$0.325
TP: S$0.365
SL: S$0.310

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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 Retail Market Monitor
5 November 2024

FBMKLCI: 1,613.43 (+12.45)
Support: 1,600, 1,575
Resistance: 1,625, 1,662

Bursa Top Gainers:
YTL (+4.0%), IOICORP (+3.4%), KLK (+2.8%)

Bursa Top Losers:
PBBANK (-0.9%), HLFG (-0.33%)

Bursa Trade Statistics
Local Institutions (36.78%): -RM79.86m
Local Retail (18.94%): RM-82.32 m
Foreign (44.28%): RM162.18m

Global Equity Indexes
MSCI Asia : 186.30 (1.21, 0.65%)
NASDAQ : 18,179.98 (-59.94, -0.33%)
S&P500 : 5,712.69 (-16.11, -0.28%)
DJIA : 41,794.60 (-257.59, -0.61%)

USD/MYR : 4.3755 (0.0005)
SGD/MYR : 3.3162 (0.0073)

Crude Oil : $71.47 (0.92)
Gold : $ 2,734.88 (-4.46)

US stocks were lower after the close on Monday, as losses in the Utilities, Healthcare and Telecoms sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average lost 0.65%, while the S&P 500 index lost 0.32%, and the NASDAQ Composite index declined 0.32%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,577 to 1,217 and 48 ended unchanged; on the Nasdaq Stock Exchange, 1,675 fell and 1,599 advanced, while 79 ended unchanged. (Source: Investing.com)
Stocks To Watch:

1) ANNJOO (KLSE: 6556)
Technical BUY with +20.4% potential return
** Last: RM0.905 TP: RM1.01, RM1.09 SL: RM0.815
** Timeframe: 2 weeks to 2 months
** Shariah: NO

2) MIKROMB (KLSE: 0112)
Technical BUY with +21.1% potential return
** Last: RM0.24 TP: RM0.33, RM0.345 SL: RM0.215
** Timeframe: 2 weeks to 2 months
** Shariah: YES

3) PWF (KLSE: 7134)
Technical BUY on breakout (RM0.92) with +10.9% potential return
** Last: RM0.895 TP: RM0.995, RM1.02 SL: RM0.855
** 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
5 November 2024
_

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UOBKH Singapore Retail Market Monitor
5 November 2024

Short Term Opportunity:
1) YZJ Fin Hldg (SGX: YF8)
Technical BUY range : S$0.395-0.400
Last: S$0.405
TP: S$0.445
SL: S$0.380
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

INVITATION TO U.S. ELECTION RESULT LIVE DISCUSSION

The US election result could be a game changer not just in the US market but other global markets. Join our experts as they discuss the the result and how to best fine-tune your investment strategies moving forward.

CIO Series 15: Is the US Election a Turning Point for Global Markets?

📅 Date: Thursday, 7 Nov 2024
🕔 Time:11.00am – 12.00pm (Malaysia Time)
📈 Mode: Online Webinar
🗣️ Language: English

REGISTER FOR THIS LIVE DISCUSSION!
https://attendee.gotowebinar.com/register/7650389154873337944?source=MY

🔹Speakers:
(1) Qi Wang, Chief Investment Officer UOB Kay Hian Singapore
(2) Paul DeVierno, US Strategist UOB Kay Hian Singapore

#UOBKayHianMalaysia
#CIOSeries
##

UOBKH Hong Kong Retail Market Monitor
5 November 2024

Short Term Opportunity:
1) Kuaishou Technology (HKEX:1024)
Technical BUY range : HK$48.50-49.00
Last: HK$48.20
TP: HK$52.25/HK$54.75
SL: Breaks below HK$45.20

2) Yum China Holdings, Inc. (HKEX: 9987)
Trading buy range: HK$355.00-360.00
Last: HK$360.60
TP: HK$379.00/HK$386.00
SL: Breaks below HK$337.00

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

U.S. POST-ELECTION LIVE DISCUSSION

CIO Series 15: Is the US Election a Turning Point for Global Markets?

Date: Thursday, 7 Nov 2024
Time: 11.00am – 12.00pm (Malaysia Time)
Language: English

REGISTER NOW!
https://attendee.gotowebinar.com/register/7650389154873337944?source=MY

Speakers:

Qi Wang, Chief Investment Officer
UOB Kay Hian Singapore

Paul DeVierno, US Strategist
UOB Kay Hian Singapore


The US election on 5 November should reveal its results and market response by 7 November.

BE THE FIRST TO KNOW if this will be a turning point in global financial markets and how to adapt your investment strategies for the US, China and other markets.

Join us this Thursday, 7 November at 11am Malaysia Time for a timely and interactive discussion with our US Strategist Paul DeVierno and CIO Qi Wang. The session will include a concise presentation followed by Q&A.

##

UOBKH Retail Market Monitor
6 November 2024

FBMKLCI: 1,620.70 (+4.27)
Support: 1,600, 1,575
Resistance: 1,625, 1,662

Bursa Top Gainers:
MAXIS (+2.8%), SDG (+2.0%), PPB (+1.7%)

Bursa Top Losers:
PCHEM (-8.0%), MRDIY (-0.89%), NESTLE (-0.69%)

Bursa Trade Statistics
Local Institutions (41.49%): RM192.67m
Local Retail (16.87%): RM-23.62 m
Foreign (41.64%): -RM169.05m

Global Equity Indexes
MSCI Asia : 187.90 (+1.60, +0.86%)
NASDAQ : 18,439.17 (+259.19, +1.43%)
S&P500 : 5,782.76 (70.07, +1.23%)
DJIA : 42,221.88 (+427.28, +1.02%)

USD/MYR : 4.3418 (-0.0337)
SGD/MYR : 3.2921 (-0.0241)

Crude Oil : $ 72.01 (0.54)
Gold : $ 2,736.52 (1.64)

US stocks were higher after the close on Tuesday, as gains in the Consumer Goods, Technology and Industrials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average added 0.88%, while the S&P 500 index added 1.12%, and the NASDAQ Composite index gained 1.40%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 2,138 to 629 and 65 ended unchanged; on the Nasdaq Stock Exchange, 2,339 rose and 976 declined, while 47 ended unchanged. (Source: Investing.com)
Stocks To Watch:

1) KOSSAN (KLSE: 7153)
Technical BUY with +26.8% potential return
** Last: RM2.20 TP: RM2.53, RM2.79 SL: RM1.97
** Timeframe: 2 weeks to 2 months
** Shariah: YES

2) PMBTECH (KLSE: 7172)
Technical BUY with +33.7% potential return
** Last: RM1.90 TP: RM2.39, RM2.54 SL: RM1.66
** Timeframe: 2 weeks to 2 months
** Shariah: YES

3) STAR (KLSE: 6084)
Technical BUY on breakout (RM0.435) with +16.1% potential return
** Last: RM0.415 TP: RM0.475, RM0.505 SL: RM0.385
** 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
6 November 2024
_

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

#TradingIdea #UOBKayHian #UOBKayHianMalaysia

UOBKH Singapore Retail Market Monitor
6 November 2024

Short Term Opportunity:
1) PropNex (SGX: OYY)
Technical BUY range : S$0.820-0.825
Last: S$0.830
TP: S$0.905
SL: S$0.795

2) Olam Group (SGX: VC2)
Technical BUY range : S$1.20-1.21
Last: S$1.22
TP: S$1.43
SL: S$1.16
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
6 November 2024

Short Term Opportunity:
1) China International Capital Corporation Limited (HKEX:3908)
Technical BUY range : HK$15.25-15.70
Last: HK$15.90
TP: HK$16.80/HK$18.00
SL: Breaks below HK$14.20

2) China Mengniu Dairy Company Limited (HKEX: 2319)
Trading buy range: HK$18.06-18.36
Last: HK$18.44
TP: HK$19.30/HK$20.75
SL: Breaks below HK$17.20

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

Market Signals Point to a Trump Victory

Today’s looking favorable for Donald Trump and the Republicans, with market indicators reflecting confidence in his potential win. Known for his pro-equity stance, a Trump victory could drive positive sentiment in stocks.
 
Want to know how the U.S. Election could impact the markets? Follow us for updates from our expert, Paul Devierno, throughout the day!

Click the link to watch: https://www.facebook.com/share/v/PqXA5sdw7ywSy4Tt/

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