UOBKH Retail Market Monitor
20 March 2023

FBMKLCI: 1,411.73 (+20.13)
Support: 1,385, 1,372
Resistance: 1,432, 1,462

Bursa Top Gainers:
IOICORP (+4.5%), AXIATA (+4.5%), KLK (+4.4%)

Bursa Top Losers:
PETDAG (-0.79%) MISC (-0.70%)

Bursa Trade Statistics
Local Institutions (46.0%): +RM187.7m
Local Retail (18.4%): -RM97.4m
Foreign (35.6%): -RM90.3m

Global Equity Indexes
MSCI Asia : 157.57 (+2.49, +1.61%)
NASDAQ : 11,630.51 (-86.77, -0.74%)
S&P500 : 3,916.64 (-43.64, -1.10%)
DJIA : 31,861.98 (-384.57, -1.19%)

USD/MYR : 4.4768 (-0.0097)
SGD/MYR : 3.3415 (+0.0006)

Crude Oil : $ 67.07 (-1.3)
Gold : $ 1,976.29 (+55.19)

US stocks were lower after the close on Friday, as losses in the Financials Industrials and Oil & Gas sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average fell 1.19%, while the S&P 500 index fell 1.10%, and the NASDAQ Composite index fell 0.74%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2,478 to 549 and 72 ended unchanged; on the Nasdaq Stock Exchange, 2,709 fell and 889 advanced, while 123 ended unchanged. (Source: Investing.com)

Stocks To Watch:
1) ADVENTA (KLSE: 7191)
Technical BUY with +39.8% potential return
* Last: RM0.59 TP: RM0.745, RM0.825 SL: RM0.505
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) BIG (KLSE: 7005)
Technical BUY on breakout (RM0.71) with +26.1% potential return
* Last: RM0.68 TP: RM0.845, RM0.895 SL: RM0.595
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) MCEHLDG (KLSE: 7004)
Technical BUY on breakout (RM2.01) with +12.4% potential return
* Last: RM1.86 TP: RM2.16, RM2.26 SL: RM0.365
* 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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UOBKH Singapore Retail Market Monitor
20 March 2023

Short Term Opportunity:
1) SIA Engineering Co (SGX: S59)
Technical BUY Range S$2.23-2.24
Last: S$2.24
TP: S$2.40
SL: S$2.15

2) Venture Corp (SGX: V03)
Technical BUY Range S$16.95-16.97
Last: S$16.97
TP: S$18.20
SL: S$16.40

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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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UOBKH Retail Market Monitor
21 March 2023

FBMKLCI: 1,401.81 (-9.92)
Support: 1,385, 1,372
Resistance: 1,432, 1,462

Bursa Top Gainers:
CDB (+2.5%), MAXIS (+1.6%), PETDAG (+0.69%)

Bursa Top Losers:
PCHEM (-3.2%), MRDIY (-3.0%), KLK (-2.6%)

Bursa Trade Statistics
Local Institutions (45.9%): +RM56.8m
Local Retail (31.3%): +RM31.7m
Foreign (22.8%): -RM88.5m

Global Equity Indexes
MSCI Asia : 155.57 (-2.00, -1.27%)
NASDAQ : 11,675.54 (+45.03, +0.39%)
S&P500 : 3,951.57 (+34.93, +0.89%)
DJIA : 32,244.58 (+382.60, +1.20%)

USD/MYR : 4.4740 (-0.0118)
SGD/MYR : 3.3451 (+0.0020)

Crude Oil : $ 67.75 (+0.68)
Gold : $ 1,977.89 (+1.60)

US stocks were higher after the close on Monday, as gains in the Oil & Gas, Basic Materials and Telecoms sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average gained 1.20%, while the S&P 500 index added 0.89%, and the NASDAQ Composite index added 0.39%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,902 to 1,112 and 98 ended unchanged; on the Nasdaq Stock Exchange, 1,848 fell and 1,783 advanced, while 136 ended unchanged. (Source: Investing.com)

Stocks To Watch:
1) EKOVEST (KLSE: 8877)
Technical BUY with +27.6% potential return
* Last: RM0.38 TP: RM0.43, RM0.485 SL: RM0.345
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) EWEIN (KLSE: 7249)
Technical BUY on breakout (RM0.615) with +24.4% potential return
* Last: RM0.58 TP: RM0.735, RM0.765 SL: RM0.525
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) MGB (KLSE: 7595)
Technical BUY with +18.8% potential return
* Last: RM0.64 TP: RM0.725, RM0.76 SL: RM0.555
* 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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LIVE WEBINAR
A GAME OF TWO HALVES

📅 Saturday, 25 March 2023
⏰ 9:30am-12:30pm

REGISTER NOW!
🌐 https://bit.ly/GameOfTwoHalves-TG
🌐 https://bit.ly/GameOfTwoHalves-TG
🌐 https://bit.ly/GameOfTwoHalves-TG

Talk is in English and open to public.

____

SESSION 1 • FINDING SHELTER AMID UNCERTAINTY with PHILIP WONG
While external headwinds remain present, receding of commodities prices and the reopening of economy have paved a recovery and improved earnings visibility for defensive sectors. In this webinar, Philip will take a look at consumer and healthcare sector stock picks such as KPJ Healthcare, F&N, Heineken and BAT.

SESSION 2 • A GAME OF TWO HALVES with DESMOND CHONG
Despite expectations of tapering interest rate hikes in the wake of major banks collapse, headwinds of high inflation still loom. Join us for the insight of a top-down foreign and local market analysis to thrive through market volatility.
____

#UOBKayHianEvents

UOBKH Hong Kong Retail Market Monitor
21 March 2023

Short Term Opportunity:
1) Shandong Gold Mining Co (HKEX: 1787)
Technical BUY Range HK$15.20-15.70
Last: HK$15.76
TP: HK$16.20/HK$16.50
SL: HK$14.20

2) CGN Power Co (HKEX: 1816)
Technical BUY Range HK$1.88-1.92
Last: HK$1.94
TP: HK$2.00/HK$2.08
SL: HK$1.80

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.

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UOBKH Singapore Retail Market Monitor
21 March 2023

Short Term Opportunity:
1) APAC Realty (SGX: CLN)
Technical BUY Range S$0.625-0.630
Last: S$0.630
TP: S$0.680
SL: S$0.610

2) Hong Leong Finance (SGX: S41)
Technical BUY Range S$2.47-2.48
Last: S$2.48
TP: S$2.64
SL: S$2.43

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.

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UOBKH Retail Market Monitor
22 March 2023

FBMKLCI: 1,406.55 (+4.74)
Support: 1,385, 1,372
Resistance: 1,432, 1,462

Bursa Top Gainers:
CDB (+2.7%), PETDAG (+2.1%), GENTING (+1.1%)

Bursa Top Losers:
PCHEM (-2.6%), IOICORP (-1,.0%), DIALOG (-0.88%)

Bursa Trade Statistics
Local Institutions (46.1%): +RM11.5m
Local Retail (28.9%): -RM21.0m
Foreign (25.0%): +RM9.5m

Global Equity Indexes
MSCI Asia : 156.18 (+0.61, +0.39%)
NASDAQ : 11,860.11 (+184.57, +1.58%)
S&P500 : 4,002.87 (+51.30, +1.30%)
DJIA : 32,560.60 (+316.02, +0.98%)

USD/MYR : 4.4725 (+0.0022)
SGD/MYR : 3.3429 (-0.0004)

Crude Oil : $ 69.33 (+1.58)
Gold : $ 1,943.18 (-34.71)

US stocks were higher after the close on Tuesday, as gains in the Oil & Gas, Financials and Consumer Goods sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average rose 0.98%, while the S&P 500 index gained 1.30%, and the NASDAQ Composite index added 1.58%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 2342 to 689 and 75 ended unchanged; on the Nasdaq Stock Exchange, 2686 rose and 935 declined, while 145 ended unchanged. (Source: Investing.com)

Stocks To Watch:
1) ANCOMLB (KLSE: 0048)
Technical BUY with +28.9% potential return
* Last: RM0.19 TP: RM0.23, RM0.245 SL: RM0.145
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) MI (KLSE: 5286)
Technical BUY on breakout with +20.2% potential return
* Last: RM1.87 TP: RM2.19, RM2.32 SL: RM1.74
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) KRONO (KLSE: 0176)
Technical BUY on breakout (0.57) with +25.4% potential return
* Last: RM0.545 TP: RM0.68, RM0.715 SL: RM0.51
* 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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UOBKH Hong Kong Retail Market Monitor
22 March 2023

Short Term Opportunity:
1) ANTA Sports Products (HKEX: 2020)
Technical BUY Range HK$104.00-108.00
Last: HK$108.90
TP: HK$112.00/HK$116.00
SL: HK$96.50

2) Semiconductor Manufacturing International Corporation (HKEX: 981)
Technical BUY Range HK$18.00-18.60
Last: HK$18.72
TP: HK$19.30/HK$20.00
SL: HK$17.00

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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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UOBKH Singapore Retail Market Monitor
22 March 2023

Short Term Opportunity:
1) Singapore Tech Engineering (SGX: S63)
Technical BUY Range S$3.48-3.49
Last: S$3.49
TP: S$3.77
SL: S$3.38

2) Riverstone Holdings (SGX: AP4)
Technical BUY Range S$0.570-0.575
Last: S$0.580
TP: S$0.680
SL: S$0.505

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.

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UOBKH Retail Market Monitor
23 March 2023

FBMKLCI: 1,412.04 (+5.49)
Support: 1,385, 1,372
Resistance: 1,432, 1,462

Bursa Top Gainers:
MRDIY (+1.9%), MAYBANK (+1.8%), MAXIS (+1.8%)

Bursa Top Losers:
PMETAL (-1.3%), PPB (-0.84%), AXIATA (-0.66%)

Bursa Trade Statistics
Local Institutions (47.5%): -RM31.9m
Local Retail (29.1%): +RM13.5m
Foreign (23.4%): +RM18.4m

Global Equity Indexes
MSCI Asia : 158.25 (+2.07, +1.33%)
NASDAQ : 11,669.96 (-190.15, -1.60%)
S&P500 : 3,936.97 (-65.90, -1.65%)
DJIA : 32,030.11 (-530.49, -1.63%)

USD/MYR : 4.4440 (-0.0115)
SGD/MYR : 3.3425 (+0.0041)

Crude Oil : $ 70.03 (+0.70)
Gold : $ 1,970.96 (+27.78)

US stocks were lower after the close on Wednesday, as losses in the Financials, Oil & Gas and Utilities sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average declined 1.63%, while the S&P 500 index fell 1.65%, and the NASDAQ Composite index fell 1.60%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2,228 to 757 and 110 ended unchanged; on the Nasdaq Stock Exchange, 2,692 fell and 931 advanced, while 137 ended unchanged. (Source: Investing.com)

Stocks To Watch:
1) QES (KLSE: 0196)
Technical BUY on breakout (RM0.62) with +19.4% potential return
* Last: RM0.61 TP: RM0.685, RM0.74 SL: RM0.58
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) HIGHTEC (KLSE: 7033)
Technical BUY with +19.0% potential return
* Last: RM0.975 TP: RM1.07, RM1.16 SL: RM0.91
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) KOBAY (KLSE: 6971)
Technical BUY on breakout (RM2.59) with +18.2% potential return
* Last: RM2.55 TP: RM2.89, RM3.06 SL: RM2.43
* 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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UOBKH Hong Kong Retail Market Monitor
23 March 2023

Short Term Opportunity:
1) Bilibili Inc. (HKEX: 9626)
Technical BUY Range HK$173.00-183.00
Last: HK$183.80
TP: HK$189.00/HK$195.00
SL: HK$160.00

2) Tongcheng Travel Holdings (HKEX: 780)
Technical BUY Range HK$15.80-16.50
Last: HK$16.74
TP: HK$17.20/HK$17.60
SL: HK$15.00

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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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UOBKH Singapore Retail Market Monitor
23 March 2023

Short Term Opportunity:
1) Best World International (SGX: CGN)
Technical BUY Range S$2.34-2.35
Last: S$2.35
TP: S$2.55
SL: S$2.20

2) Keppel Corp (SGX: BN4)
Technical BUY Range S$5.42-5.44
Last: S$5.43
TP: S$5.80
SL: S$5.20

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.

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LIVE WEBINAR
Investment Themes Under The Sustained Recovery of China

📅 30 March 2023 (Thursday)
⏰ 7pm-8pm

REGISTER NOW!
🌐 https://attendee.gotowebinar.com/register/4159494698664411989?source=MY

This talk is in Cantonese and is open to public.
____

As we continue into 2023, China is rapidly returning to normality and the economy continues to recover. There is still a huge room for growth in consumption and investment sectors which can be important catalysts for the stock market. The Hong Kong stock market had a strong start this year, are there any opportunities or hidden worries in the market outlook when the first quarter is coming to an end? This webinar aims to help you to understand the latest market situation.

Presenter:
Curtis Yeung, Strategist, UOB Kay Hian Hong Kong

Curtis is a strategist and a CFA Charter holder specializing in HK stocks research.

__

#UOBKayHianEvents

UOBKH Retail Market Monitor
24 March 2023

FBMKLCI: 1,410.98 (-1.06)
Support: 1,385, 1,372
Resistance: 1,432, 1,462

Bursa Top Gainers:
INARI (+2.1%), CDB (+1.9%), IOICORP (+1.6%)

Bursa Top Losers:
PBBANK (-1.3%), IHH (-1.0%), AXIATA (-0.99%)

Bursa Trade Statistics
Local Institutions (50.5%): +RM55.0m
Local Retail (27.6%): -RM4.6m
Foreign (21.9%): -RM50.4m

Global Equity Indexes
MSCI Asia : 160.40 (+2.15, +1.36%)
NASDAQ : 11,787.40 (+117.44, +1.01%)
S&P500 : 3,948.72 (+11.75, +0.30%)
DJIA : 32,105.25 (+75.14, +0.23%)

USD/MYR : 4.4180 (-0.0375)
SGD/MYR : 3.3268 (-0.0033)

Crude Oil : $69.51 (-0.52)
Gold : $1,990.61 (+19.65)

US stocks were higher after the close on Thursday, as gains in the Technology, Consumer Services and Telecoms sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average added 0.23%, while the S&P 500 index climbed 0.30%, and the NASDAQ Composite index gained 1.01%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1,849 to 1154 and 91 ended unchanged; on the Nasdaq Stock Exchange, 1,934 fell and 1,658 advanced, while 131 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) JHM (KLSE: 0127)
Technical BUY with +15.6% potential return
* Last: RM0.835 TP: RM0.915, RM0.965 SL: RM0.745
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) MUHIBAH (KLSE: 5703)
Technical BUY with +19.0% potential return
* Last: RM0.71 TP: RM0.775, RM0.845 SL: RM0.605
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) TEXCYCL (KLSE: 0089)
Technical BUY with +19.6% potential return
* Last: RM0.79 TP: RM0.87, RM0.945 SL: RM0.68
* Timeframe: 2 weeks to 2 months
* Shariah: YES

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.

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UOBKH Hong Kong Retail Market Monitor
24 March 2023

Short Term Opportunity:
1) JD Health International Inc. (HKEX: 6618)
Technical BUY Range HK$58.00-62.00
Last: HK$62.90
TP: HK$64.00/HK$65.00
SL: HK$55.00

2) Kingsoft Corporation (HKEX: 3888)
Technical BUY Range HK$33.00-34.20
Last: HK$34.30
TP: HK$35.50/HK$38.00
SL: HK$30.00

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.

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#TradingIdeasHK

UOBKH Singapore Retail Market Monitor
24 March 2023

Short Term Opportunity:
1) Hong Fok Corp (SGX: H30)
Technical BUY Range S$1.020-1.030
Last: S$1.030
TP: S$1.130
SL: S$0.985

2) Singapore Exchange (SGX: S68)
Technical BUY Range S$8.92-8.93
Last: S$8.93
TP: S$9.45
SL: S$8.63

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.

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#TradingIdeasSG