UOBKH Retail Market Monitor
22 April 2025

FBMKLCI: 1,499.47 (+0.07)
Support: 1,433, 1,400
Resistance: 1,500, 1,537

Bursa Top Gainers:
AXIATA (+4.3%), CDB (+2.2%), YTLPOWER (+1.9%)

Bursa Top Losers:
SIME (-2.4%), 99SMART (-1.3%), PCHEM (-1.3%)

Bursa Trade Statistics
Local Institutions (43.55%): RM101.29m
Local Retail (25.14%): -RM0.15m
Foreign (31.31%): -RM101.14m

US stocks were lower after the close on Monday, as losses in the Telecoms, Technology and Oil & Gas sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average fell 2.48%, while the S&P 500 index fell 2.36%, and the NASDAQ Composite index lost 2.55%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2,350 to 453 and 40 ended unchanged; on the Nasdaq Stock Exchange, 2,322 fell and 994 advanced, while 108 ended unchanged. (Source: Investing.com)

Global Equity Indexes
MSCI Asia : 179.25(+0.16, +0.09%)
NASDAQ : 15,870.90 (-415.55, -2.55%)
S&P500 : 5,158.20 (-2.36, -124.50%)
DJIA : 38,170.41 (-971.82, -2.48%)

USD/MYR : 4.3813 (-0.0324)
SGD/MYR : 3.3635 (-0.008)

Crude Oil : $63.59 (+0.51)
Gold : $3,428.03 (+4.05)

Stocks To Watch:

1) AFFIN (KLSE: 5185)
Technical BUY with +10.7% potential return
* Last: RM2.72 TP: RM2.92, RM3.01 SL: RM2.52
* Timeframe: 2 weeks to 2 months
* Shariah: NO

2) DPHARMA (KLSE: 7148)
Technical BUY on breakout (RM1.21) with +14.0% potential return
* Last: RM1.19 TP: RM1.34, RM1.38 SL: RM0.695
* Timeframe: 2 weeks to 2 months
* Shariah: NO

3) ECOWLD (KLSE: 0277)
Technical BUY on breakout (RM1.86) +15.1% potential return
* Last: RM1.82 TP: RM2.06, RM2.14 SL: RM1.69
* 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.

For the full research report, please log in to www.utrade.com.my

UOBKH Malaysia Trading Idea
22 April 2025
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UOBKH Singapore Retail Market Monitor
22 April 2025

Short Term Opportunity:
1) Top Glove (SGX: BVA)
Technical Buy range S$0.255-0.260
Last: S$0.260
TP: S$0.305
SL: S$0.245

2) Wilmar International (SGX: F34)
Technical Buy range S$3.10-3.11
Last: S$3.13
TP: S$3.32
SL: S$3.04

Join UOB Kay Hian Malaysia's Official Telegram Channel
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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

📢 Don’t Miss Out! LIVE Webinar: Technical Analysis in Stock Trading

Gain valuable market knowledge directly from our Senior Invest Analyst and participate in a live interactive Q&A session.

📆 Tuesday, 22 April 2025
⏰ 6.00pm – 8.00pm
Register here https://bit.ly/TAWebinarApr25
Register here https://bit.ly/TAWebinarApr25
Register here https://bit.ly/TAWebinarApr25
Register here https://bit.ly/TAWebinarApr25
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UOBKH Retail Market Monitor
23 April 2025

FBMKLCI: 1,486.25 (-13.22)
Support: 1,433, 1,400
Resistance: 1,500, 1,537

Bursa Top Gainers:
MAXIS (+1.4%), AXIATA (+0.51%), SDG (+0.22%)

Bursa Top Losers:
YTL (-3.3%), YTLPOWR (-2.8%), GAMUDA (-1.3%)

Bursa Trade Statistics
Local Institutions (44.67%): RM40.20m
Local Retail (21.65%): RM65.15m
Foreign (33.68%): -RM105.35m

US stocks were higher after the close on Tuesday, as gains in the Financials, Consumer Services and Utilities sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average gained 2.66%, while the S&P 500 index added 2.51%, and the NASDAQ Composite index climbed 2.71%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 2,489 to 307 and 51 ended unchanged; on the Nasdaq Stock Exchange, 2,708 rose and 601 declined, while 109 ended unchanged. (Source: Investing.com)

Global Equity Indexes
MSCI Asia : 179.29(+0.04, +0.02%)
NASDAQ : 16,300.42 (429.52, +2.71%)
S&P500 : 5,287.76 (+129.56, +2.51%)
DJIA : 38,186.98 (1,016.57, +2.66%)

USD/MYR : 4.3813 (+0.0292)
SGD/MYR : 3.3607 (-0.0028)

Crude Oil : $64.31 (+1.23)
Gold : $3,357.41 (-23.22)

Stocks To Watch:

1) CNERGEN (KLSE: 0246)
Technical BUY with +43.9% potential return
* Last: RM0.33 TP: RM0.415, RM0.475 SL: RM0.26
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) EG (KLSE: 8907)
Technical BUY on breakout (RM2.12) with +17.3% potential return
* Last: RM2.08 TP: RM2.29, RM2.44 SL: RM1.94
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) GKENT (KLSE: 3204)
Technical BUY on breakout (RM0.345) +29.0% potential return
* Last: RM0.335 TP: RM0.415, RM0.445 SL: RM0.295
* Timeframe: 2 weeks to 2 months
* Shariah: NO

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
23 April 2025

Short Term Opportunity:
1) First Resources (SGX: EB5)
Technical Buy range: S$1.48-1.49
Last: S$1.50
TP: S$1.65
SL: S$1.43

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
23 April 2025
_

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

#TradingIdea #UOBKayHian #UOBKayHianMalaysia

UOBKH Hong Kong Retail Market Monitor
23 April 2025

Short Term Opportunity:
1) **Alibaba Group Holding Limited**(HKEX: 9988)
Technical BUY range HK$108.00-110.00
Last: HK$110.00
TP: HK$120.00/HK$130.00
SL: HK$95.00

2) Xiaomi Corporation (HKEX: 1810)
Technical BUY range HK$43.00-44.00
Last: HK$44.40
TP: HK$47.50/HK$50.00
SL: HK$40.00

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

LIVE WEBINAR - MARKET STRATEGY & STOCK PICK

Gloves and Tech: A Kaleidoscope Of Perceptions

📆 Saturday, 26 April 2025
⏰ 9:30am-11.30am
🌐 Register at https://bit.ly/StockPickApr25TG
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Session 1 • Malaysian Gloves: A Kaleidoscope Of Perceptions?
Presented by Jack Goh, Research Analyst, UOB Kay Hian

Glove sector faces tariff uncertainty.Nevertheless, the sector’s core fundamentals remain solid as we anticipate sequential earnings growth driven by a full recapturing of US market share. More importantly, ytd retracement and bargain forward valuations are offering an attractive risk-reward balance.

Session 2 • Technology: Redefining Strategies in a ‘Tariff-ied’ Pandora’s Box
Presented by Desmond Chong, Head of Research, UOB Kay Hian

Discover selective tech opportunities—our presentation unpacks risk-reward dynamics, valuation catalysts, and stock-picking strategies.

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CIO Series 22: Navigating Trade Turbulence with Insights from Japan

Amid the global trade turmoil, Japan likely has the best understanding of the issues at hand. US and Japan engaged in extensive trade disputes in the 1980s, which culminated in the 1985 Plaza Accord and significantly changed the global trade and currency systems. History doesn't repeat itself, but it often rhymes.

What lessons can we learn from Japan's experience, and how might they apply to the current US-China trade war?
How is Japan responding to Trump's tariffs now?
And what risks and opportunities lie in the Japanese stock market?

For our next CIO Series, we’ll speak with Daiwa Asset Management about their perspectives on the turbulence caused by Trump’s tariffs..

Participants can download the Microsoft Teams app to access the live caption translation feature.

🗓️ Monday, 28 Apr 2025
⏰ 6.30pm – 7.30pm
🗣️ English

🔗 REGISTER NOW!
https://bit.ly/4iiCiKz
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