Malaysia Manufacturing PMI was Unchanged at 48.8 in April 2023
Summary:
The latest data showed that the Malaysian manufacturing sector was in a mixed state; demand remained low, causing businesses to cut back on production and purchasing. However, there were some encouraging signs when it came to new export orders. The labour market, where companies hired more workers for the fourth month in a row. Meanwhile, supplier delivery times continued to shrink, and the rate of inflation in input costs remained low. This enabled firms to lower their output prices in order to boost demand.
https://www.pmi.spglobal.com/Public/Home/PressRelease/ce2879cb7df9484caeae542c8372e9c0
##
#UOBKayHian #UOBKayHianMalaysia #UOBKayHianWealthAdvisors
#PrivateWealth #PriorityBroking #KeyEconomicData
Summary:
The latest data showed that the Malaysian manufacturing sector was in a mixed state; demand remained low, causing businesses to cut back on production and purchasing. However, there were some encouraging signs when it came to new export orders. The labour market, where companies hired more workers for the fourth month in a row. Meanwhile, supplier delivery times continued to shrink, and the rate of inflation in input costs remained low. This enabled firms to lower their output prices in order to boost demand.
https://www.pmi.spglobal.com/Public/Home/PressRelease/ce2879cb7df9484caeae542c8372e9c0
##
#UOBKayHian #UOBKayHianMalaysia #UOBKayHianWealthAdvisors
#PrivateWealth #PriorityBroking #KeyEconomicData
Trade ETFs, Win Magical Holiday
A magical holiday could be yours to enjoy when you trade in one or more Bursa-listed ETFs during the campaign period from 1 May 2023 to 31 October 2023 (both dates inclusive)*.
*TnC apply. Explore more at https://www.bursamarketplace.com/rewards/
#BursaMalaysia #ETFs #ETFRewards #investsmarterwithETFs
A magical holiday could be yours to enjoy when you trade in one or more Bursa-listed ETFs during the campaign period from 1 May 2023 to 31 October 2023 (both dates inclusive)*.
*TnC apply. Explore more at https://www.bursamarketplace.com/rewards/
#BursaMalaysia #ETFs #ETFRewards #investsmarterwithETFs
UOBKH Retail Market Monitor
3 May 2023
FBMKLCI: 1,426.11 (+10.16)
Support: 1,395, 1,374
Resistance: 1,462, 1,480
Bursa Top Gainers:
INARI (+2.6%), GENM (+2.6%), MRDIY (+2.5%)
Bursa Top Losers:
KLK (-1.9%), SIME (-0.46%), PETDAG (-0.4%)
Bursa Trade Statistics
Local Institutions (45.5%): +RM45.2m
Local Retail (31.9%): -RM45.1m
Foreign (22.9%): -RM0.1m
Global Equity Indexes
MSCI Asia : 160.76 (+0.21, +0.13%)
NASDAQ : 12,080.51 (-132.09, -1.08%)
S&P500 : 4,119.58 (-48.29, -1.16%)
DJIA : 33,684.53 (-367.17, -1.08%)
USD/MYR : 4.4600 (-0.0040)
SGD/MYR : 3.3425 (+0.0013)
Crude Oil : $ 71.58 (-4.11)
Gold : $ 2,015.64 (+35.29)
US stocks were lower after the close on Tuesday, as losses in the Oil & Gas, Telecoms and Financials sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average fell 1.08%, while the S&P 500 index declined 1.16%, and the NASDAQ Composite index declined 1.08%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2,326 to 651 and 72 ended unchanged; on the Nasdaq Stock Exchange, 2,551 fell and 1,025 advanced, while 153 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) CCK (KLSE: 7035)
Technical BUY with +17.4% potential return
* Last: RM0.72 TP: RM0.79, RM0.845 SL: RM0.685
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) SCGM (KLSE: 7247)
Technical BUY with +30.3% potential return
* Last: RM0.61 TP: RM0.725, RM0.795 SL: RM0.515
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) HPPHB (KLSE: 0228)
Technical BUY on breakout (RM0.34) with +39.7% potential return
* Last: RM0.325 TP: RM0.44, RM0.475 SL: RM0.275
* 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
#TradingIdeasMY
3 May 2023
FBMKLCI: 1,426.11 (+10.16)
Support: 1,395, 1,374
Resistance: 1,462, 1,480
Bursa Top Gainers:
INARI (+2.6%), GENM (+2.6%), MRDIY (+2.5%)
Bursa Top Losers:
KLK (-1.9%), SIME (-0.46%), PETDAG (-0.4%)
Bursa Trade Statistics
Local Institutions (45.5%): +RM45.2m
Local Retail (31.9%): -RM45.1m
Foreign (22.9%): -RM0.1m
Global Equity Indexes
MSCI Asia : 160.76 (+0.21, +0.13%)
NASDAQ : 12,080.51 (-132.09, -1.08%)
S&P500 : 4,119.58 (-48.29, -1.16%)
DJIA : 33,684.53 (-367.17, -1.08%)
USD/MYR : 4.4600 (-0.0040)
SGD/MYR : 3.3425 (+0.0013)
Crude Oil : $ 71.58 (-4.11)
Gold : $ 2,015.64 (+35.29)
US stocks were lower after the close on Tuesday, as losses in the Oil & Gas, Telecoms and Financials sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average fell 1.08%, while the S&P 500 index declined 1.16%, and the NASDAQ Composite index declined 1.08%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2,326 to 651 and 72 ended unchanged; on the Nasdaq Stock Exchange, 2,551 fell and 1,025 advanced, while 153 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) CCK (KLSE: 7035)
Technical BUY with +17.4% potential return
* Last: RM0.72 TP: RM0.79, RM0.845 SL: RM0.685
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) SCGM (KLSE: 7247)
Technical BUY with +30.3% potential return
* Last: RM0.61 TP: RM0.725, RM0.795 SL: RM0.515
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) HPPHB (KLSE: 0228)
Technical BUY on breakout (RM0.34) with +39.7% potential return
* Last: RM0.325 TP: RM0.44, RM0.475 SL: RM0.275
* 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
#TradingIdeasMY
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
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Happy Wesak Day from UOB Kay Hian
We sincerely wish you a fruitful and spiritually refreshing Wesak Day. May the full moon herald an era of contentment, peace and enlightenment.
#UOBKayHianMalaysia #UOBKayHianGreets #UTRADE #UTRADEMY
We sincerely wish you a fruitful and spiritually refreshing Wesak Day. May the full moon herald an era of contentment, peace and enlightenment.
#UOBKayHianMalaysia #UOBKayHianGreets #UTRADE #UTRADEMY
Bank Negara Malaysia decided to increase the OPR by 25 basis points to 3.00 percent.
Today's MPC meeting concluded that the global economy is being driven by strong domestic demand, a strong labour market, and a stronger-than-expected Chinese economy. High-cost pressures and interest rates, on the other hand, weigh on the global economy. Core inflation remains above the national average despite overall inflation falling. As a result, the MPC decides to normalise monetary policy. Given Malaysia's economic strength, the MPC recognises the importance of maintaining appropriate monetary policy to prevent financial imbalances. Monetary policy is slightly accommodating and economically supportive.
Click for full MPC statement: https://www.bnm.gov.my/-/monetary-policy-statement-03052023
#UOBKayHian #UOBKayHianMalaysia #UOBKayHianWealthAdvisors
#PrivateWealth #PriorityBroking #KeyEconomicData
Today's MPC meeting concluded that the global economy is being driven by strong domestic demand, a strong labour market, and a stronger-than-expected Chinese economy. High-cost pressures and interest rates, on the other hand, weigh on the global economy. Core inflation remains above the national average despite overall inflation falling. As a result, the MPC decides to normalise monetary policy. Given Malaysia's economic strength, the MPC recognises the importance of maintaining appropriate monetary policy to prevent financial imbalances. Monetary policy is slightly accommodating and economically supportive.
Click for full MPC statement: https://www.bnm.gov.my/-/monetary-policy-statement-03052023
#UOBKayHian #UOBKayHianMalaysia #UOBKayHianWealthAdvisors
#PrivateWealth #PriorityBroking #KeyEconomicData
UOBKH Retail Market Monitor
5 May 2023
FBMKLCI: 1,425.99 (-0.12)
Support: 1,395, 1,374
Resistance: 1,462, 1,480
Bursa Top Gainers:
KLK (+4.1%), MAXIS (+2.0%), AXIATA (+1.3%)
Bursa Top Losers:
DIALOG (-2.6%), PMETAL (-1.9%), PETGAS (-1.9%)
Bursa Trade Statistics
Local Institutions (48.3%): +RM23.5m
Local Retail (28.4%): +RM25.7m
Foreign (23.3%): -RM49.2m
Global Equity Indexes
MSCI Asia : 161.78 (+1.23, +0.77%)
NASDAQ : 11,966.40 (-58.93, -0.49%)
S&P500 : 4,061.22 (-29.53, -0.72%)
DJIA : 33,127.74 (-286.50, -0.86%)
USD/MYR : 4.4385 (-0.0167)
SGD/MYR : 3.3427 (-0.0138)
Crude Oil : $ 68.50 (-3.08)
Gold : $ 2,057.20 (+41.56)
US stocks were lower after the close on Thursday, as losses in the Basic Materials, Financials and Oil & Gas sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average lost 0.86% to hit a new 1-month low, while the S&P 500 index lost 0.72%, and the NASDAQ Composite index lost 0.49%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2,009 to 950 and 73 ended unchanged; on the Nasdaq Stock Exchange, 2,113 fell and 1,434 advanced, while 144 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) MYEG (KLSE: 0138)
Technical BUY on breakout (RM0.845) with +17.8% potential return
* Last: RM0.82 TP: RM0.96, RM0.995 SL: RM0.76
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) JCY (KLSE: 5161)
Technical BUY with +39.5% potential return
* Last: RM0.19 TP: RM0.24, RM0.265 SL: RM0.145
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) IOIPG (KLSE: 5249)
Technical BUY on breakout (RM1.22) with +13.9% potential return
* Last: RM1.17 TP: RM1.34, RM1.39 SL: RM1.11
* 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
#TradingIdeasMY
5 May 2023
FBMKLCI: 1,425.99 (-0.12)
Support: 1,395, 1,374
Resistance: 1,462, 1,480
Bursa Top Gainers:
KLK (+4.1%), MAXIS (+2.0%), AXIATA (+1.3%)
Bursa Top Losers:
DIALOG (-2.6%), PMETAL (-1.9%), PETGAS (-1.9%)
Bursa Trade Statistics
Local Institutions (48.3%): +RM23.5m
Local Retail (28.4%): +RM25.7m
Foreign (23.3%): -RM49.2m
Global Equity Indexes
MSCI Asia : 161.78 (+1.23, +0.77%)
NASDAQ : 11,966.40 (-58.93, -0.49%)
S&P500 : 4,061.22 (-29.53, -0.72%)
DJIA : 33,127.74 (-286.50, -0.86%)
USD/MYR : 4.4385 (-0.0167)
SGD/MYR : 3.3427 (-0.0138)
Crude Oil : $ 68.50 (-3.08)
Gold : $ 2,057.20 (+41.56)
US stocks were lower after the close on Thursday, as losses in the Basic Materials, Financials and Oil & Gas sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average lost 0.86% to hit a new 1-month low, while the S&P 500 index lost 0.72%, and the NASDAQ Composite index lost 0.49%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2,009 to 950 and 73 ended unchanged; on the Nasdaq Stock Exchange, 2,113 fell and 1,434 advanced, while 144 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) MYEG (KLSE: 0138)
Technical BUY on breakout (RM0.845) with +17.8% potential return
* Last: RM0.82 TP: RM0.96, RM0.995 SL: RM0.76
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) JCY (KLSE: 5161)
Technical BUY with +39.5% potential return
* Last: RM0.19 TP: RM0.24, RM0.265 SL: RM0.145
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) IOIPG (KLSE: 5249)
Technical BUY on breakout (RM1.22) with +13.9% potential return
* Last: RM1.17 TP: RM1.34, RM1.39 SL: RM1.11
* 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
#TradingIdeasMY
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 Retail Market Monitor
8 May 2023
FBMKLCI: 1,431.04 (+5.05)
Support: 1,395, 1,374
Resistance: 1,462, 1,480
Bursa Top Gainers:
PBBANK (+2.6%), PETDAG (+2.0%), MAXIS (+1.5%)
Bursa Top Losers:
PCHEM (-7.3%), KLK (-2.1%), MRDIY (-0.7%)
Bursa Trade Statistics
Local Institutions (43.6%): -RM15.6m
Local Retail (33.0%): -RM12.9m
Foreign (23.4%): +RM28.5m
Global Equity Indexes
MSCI Asia : 161.86 (+0.08, +0.05%)
NASDAQ : 12,235.41 (+269.01, +2.25%)
S&P500 : 4,136.25 (+75.03, +1.85%)
DJIA : 33,674.38 (+546.64, +1.65%)
USD/MYR : 4.4363 (-0.0189)
SGD/MYR : 3.3476 (-0.0089)
Crude Oil : $71.56 (+0.22)
Gold : $2,016.22 (-0.57)
US stocks were higher after the close on Friday, as gains in the Oil & Gas, Technology and Financials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average added 1.65%, while the S&P 500 index climbed 1.85%, and the NASDAQ Composite index gained 2.25%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 2523 to 443 and 76 ended unchanged; on the Nasdaq Stock Exchange, 2663 rose and 916 declined, while 120 ended unchanged. (Source: Investing.Com)
Stocks To Watch:
1) REDTONE (KLSE: 0032)
Technical BUY on breakout (RM0.54) with +21.3% potential return
* Last: RM0.525 TP: RM0.585, RM0.655 SL: RM0.495
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) HEVEA (KLSE: 5095)
Technical BUY on breakout (RM0.365) with +30.1% potential return
* Last: RM0.355 TP: RM0.445, RM0.475 SL: RM0.325
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) SAMAIDEN (KLSE: 0223)
Technical BUY on breakout (RM0.945) with +20.6% potential return
* Last: RM0.935 TP: RM0.995, RM1.14 SL: RM0.865
* 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
8 May 2023
FBMKLCI: 1,431.04 (+5.05)
Support: 1,395, 1,374
Resistance: 1,462, 1,480
Bursa Top Gainers:
PBBANK (+2.6%), PETDAG (+2.0%), MAXIS (+1.5%)
Bursa Top Losers:
PCHEM (-7.3%), KLK (-2.1%), MRDIY (-0.7%)
Bursa Trade Statistics
Local Institutions (43.6%): -RM15.6m
Local Retail (33.0%): -RM12.9m
Foreign (23.4%): +RM28.5m
Global Equity Indexes
MSCI Asia : 161.86 (+0.08, +0.05%)
NASDAQ : 12,235.41 (+269.01, +2.25%)
S&P500 : 4,136.25 (+75.03, +1.85%)
DJIA : 33,674.38 (+546.64, +1.65%)
USD/MYR : 4.4363 (-0.0189)
SGD/MYR : 3.3476 (-0.0089)
Crude Oil : $71.56 (+0.22)
Gold : $2,016.22 (-0.57)
US stocks were higher after the close on Friday, as gains in the Oil & Gas, Technology and Financials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average added 1.65%, while the S&P 500 index climbed 1.85%, and the NASDAQ Composite index gained 2.25%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 2523 to 443 and 76 ended unchanged; on the Nasdaq Stock Exchange, 2663 rose and 916 declined, while 120 ended unchanged. (Source: Investing.Com)
Stocks To Watch:
1) REDTONE (KLSE: 0032)
Technical BUY on breakout (RM0.54) with +21.3% potential return
* Last: RM0.525 TP: RM0.585, RM0.655 SL: RM0.495
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) HEVEA (KLSE: 5095)
Technical BUY on breakout (RM0.365) with +30.1% potential return
* Last: RM0.355 TP: RM0.445, RM0.475 SL: RM0.325
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) SAMAIDEN (KLSE: 0223)
Technical BUY on breakout (RM0.945) with +20.6% potential return
* Last: RM0.935 TP: RM0.995, RM1.14 SL: RM0.865
* 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
UOBKH Singapore Retail Market Monitor
8 May 2023
Short Term Opportunity:
1) Olam Group (SGX: VC2)
Technical BUY Range S$1.54-1.55
Last: S$1.54
TP: S$1.65
SL: S$1.50
2) DFI Retail Group Holdings (SGX: D01)
Technical BUY Range US$3.00-3.01
Last: US$3.01
TP: US$3.23
SL: US$2.90
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
#TradingIdeasSG
8 May 2023
Short Term Opportunity:
1) Olam Group (SGX: VC2)
Technical BUY Range S$1.54-1.55
Last: S$1.54
TP: S$1.65
SL: S$1.50
2) DFI Retail Group Holdings (SGX: D01)
Technical BUY Range US$3.00-3.01
Last: US$3.01
TP: US$3.23
SL: US$2.90
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
#TradingIdeasSG
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
Forwarded from UOBKH Trading Ideas
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VIEW IN TELEGRAM
📆 Mark your calendar!
Join Paul this tomorrow at 1pm as he shares his views in real time on trending topics that will impact the US market.
Watch LIVE on 9 May at 1pm:
👉 facebook.com/UOBKayHian.sg
Join Paul this tomorrow at 1pm as he shares his views in real time on trending topics that will impact the US market.
Watch LIVE on 9 May at 1pm:
👉 facebook.com/UOBKayHian.sg
UOBKH Retail Market Monitor
9 May 2023
FBMKLCI: 1,433.74 (+2.70)
Support: 1,395, 1,374
Resistance: 1,462, 1,480
Bursa Top Gainers:
TM (+2.6%), QL (+1.6%), PCHEM (+1.6%)
Bursa Top Losers:
MAXIS (-4.8%), PETDAG (-1.2%), GENTING (-1.1%)
Bursa Trade Statistics
Local Institutions (48.0%): +RM12.2m
Local Retail (30.7%): -RM21.6m
Foreign (21.3%): +RM9.4m
Global Equity Indexes
MSCI Asia : 162.64 (+0.78, +0.48%)
NASDAQ : 12,256.92 (+21.51, +0.18%)
S&P500 : 4,138.12 (+1.87, +0.05%)
DJIA : 33,618.69 (-55.69, -0.17%)
USD/MYR : 4.4370 (+0.0007)
SGD/MYR : 3.3498 (+0.0022)
Crude Oil : $72.98 (+1.42)
Gold : $2,021.75 (+5.53)
US stocks were mixed after the close on Monday, as gains in the Consumer Services, Technology and Oil & Gas sectors led shares higher while losses in the Utilities, Basic Materials and Industrials sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average lost 0.17%, while the S&P 500 index climbed 0.05%, and the NASDAQ Composite index climbed 0.18%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1,564 to 1,373 and 101 ended unchanged; on the Nasdaq Stock Exchange, 1,822 fell and 1,752 advanced, while 167 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) TEOSENG (KLSE: 7252)
Technical BUY with +29.1% potential return
* Last: RM0.875 TP: RM0.995, RM1.13 SL: RM0.815
* Timeframe: 2 weeks to 2 months
* Shariah: NO
2) LAYHONG (KLSE: 9385)
Technical BUY on breakout (RM0.325) with +36.9% potential return
* Last: RM0.305 TP: RM0.41, RM0.445 SL: RM0.265
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) CSCENIC (KLSE: 7202)
Technical BUY with +38.4% potential return
* Last: RM0.86 TP: RM1.08, RM1.19 SL: RM0.795
* 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
9 May 2023
FBMKLCI: 1,433.74 (+2.70)
Support: 1,395, 1,374
Resistance: 1,462, 1,480
Bursa Top Gainers:
TM (+2.6%), QL (+1.6%), PCHEM (+1.6%)
Bursa Top Losers:
MAXIS (-4.8%), PETDAG (-1.2%), GENTING (-1.1%)
Bursa Trade Statistics
Local Institutions (48.0%): +RM12.2m
Local Retail (30.7%): -RM21.6m
Foreign (21.3%): +RM9.4m
Global Equity Indexes
MSCI Asia : 162.64 (+0.78, +0.48%)
NASDAQ : 12,256.92 (+21.51, +0.18%)
S&P500 : 4,138.12 (+1.87, +0.05%)
DJIA : 33,618.69 (-55.69, -0.17%)
USD/MYR : 4.4370 (+0.0007)
SGD/MYR : 3.3498 (+0.0022)
Crude Oil : $72.98 (+1.42)
Gold : $2,021.75 (+5.53)
US stocks were mixed after the close on Monday, as gains in the Consumer Services, Technology and Oil & Gas sectors led shares higher while losses in the Utilities, Basic Materials and Industrials sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average lost 0.17%, while the S&P 500 index climbed 0.05%, and the NASDAQ Composite index climbed 0.18%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1,564 to 1,373 and 101 ended unchanged; on the Nasdaq Stock Exchange, 1,822 fell and 1,752 advanced, while 167 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) TEOSENG (KLSE: 7252)
Technical BUY with +29.1% potential return
* Last: RM0.875 TP: RM0.995, RM1.13 SL: RM0.815
* Timeframe: 2 weeks to 2 months
* Shariah: NO
2) LAYHONG (KLSE: 9385)
Technical BUY on breakout (RM0.325) with +36.9% potential return
* Last: RM0.305 TP: RM0.41, RM0.445 SL: RM0.265
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) CSCENIC (KLSE: 7202)
Technical BUY with +38.4% potential return
* Last: RM0.86 TP: RM1.08, RM1.19 SL: RM0.795
* 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
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LIVE WEBINAR - CANTONESE
Stock Selection when the Market is in Sideways Movement? Identify Outperform Stocks by Using Technical Analysis
📅 Tuesday, 9 May 2023
⏰ 7:00pm – 8:00pm
This webinar will be hosted in Cantonese and open to the public.
REGISTER NOW:
https://attendee.gotowebinar.com/register/6407055895887725661?source=MY
____
How to choose outperform stocks when the market is in sideways movement? How to define buy low and sell high area by technical analysis when individual stocks move within a range? This webinar will explore the operating methods and principles of various technical indicators, including Bollinger Band and KDJ.
Presenter
Mr. Terence Chiu
Technical Analyst of Retail Research
UOB Kay Hian Hong Kong
____
#UOBKayHianEvents
#UOBKHHK
Stock Selection when the Market is in Sideways Movement? Identify Outperform Stocks by Using Technical Analysis
📅 Tuesday, 9 May 2023
⏰ 7:00pm – 8:00pm
This webinar will be hosted in Cantonese and open to the public.
REGISTER NOW:
https://attendee.gotowebinar.com/register/6407055895887725661?source=MY
____
How to choose outperform stocks when the market is in sideways movement? How to define buy low and sell high area by technical analysis when individual stocks move within a range? This webinar will explore the operating methods and principles of various technical indicators, including Bollinger Band and KDJ.
Presenter
Mr. Terence Chiu
Technical Analyst of Retail Research
UOB Kay Hian Hong Kong
____
#UOBKayHianEvents
#UOBKHHK
UOBKH Retail Market Monitor
10 May 2023
FBMKLCI: 1,432.63 (-1.11)
Support: 1,395, 1,374
Resistance: 1,462, 1,480
Bursa Top Gainers:
TENAGA (+1.7%), TM (+1.4%), CDB (+1.1%)
Bursa Top Losers:
INARI (-1.7%), AMBANK (-1.6%), SIMEPLT (-1.4%)
Bursa Trade Statistics
Local Institutions (49.7%): -RM63.9m
Local Retail (29.5%): -RM17.9m
Foreign (20.8%): +RM81.8m
Global Equity Indexes
MSCI Asia : 162.36 (-0.28, -0.17%)
NASDAQ : 12,179.55 (-77.37, -0.63%)
S&P500 : 4,119.17 (-18.95, -0.46%)
DJIA : 33,561.81 (-56.88, -0.17%)
USD/MYR : 4.4480 (+0.0110)
SGD/MYR : 3.3540 (+0.0042)
Crude Oil : $73.60 (+0.62)
Gold : $2,037.15 (+15.40)
US stocks were lower after the close on Tuesday, as losses in the Basic Materials, Telecoms and Consumer Goods sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average declined 0.17%, while the S&P 500 index declined 0.46%, and the NASDAQ Composite index declined 0.63%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1,710 to 1,219 and 110 ended unchanged; on the Nasdaq Stock Exchange, 1,929 fell and 1,649 advanced, while 159 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) ADVENTA (KLSE: 7191)
Technical BUY with +35.8% potential return
* Last: RM0.615 TP: RM0.785, RM0.835 SL: RM0.505
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) OPENSYS (KLSE: 0040)
Technical BUY on breakout (RM0.355) with +22.5% potential return
* Last: RM0.325 TP: RM0.415, RM0.435 SL: RM0.31
* Timeframe: 2 weeks to 2 months
* Shariah: NO
3) TUNEPRO (KLSE: 5230)
Technical BUY on breakout (RM0.445) with +28.1% potential return
* Last: RM0.43 TP: RM0.53, RM0.57 SL: RM0.39
* 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
10 May 2023
FBMKLCI: 1,432.63 (-1.11)
Support: 1,395, 1,374
Resistance: 1,462, 1,480
Bursa Top Gainers:
TENAGA (+1.7%), TM (+1.4%), CDB (+1.1%)
Bursa Top Losers:
INARI (-1.7%), AMBANK (-1.6%), SIMEPLT (-1.4%)
Bursa Trade Statistics
Local Institutions (49.7%): -RM63.9m
Local Retail (29.5%): -RM17.9m
Foreign (20.8%): +RM81.8m
Global Equity Indexes
MSCI Asia : 162.36 (-0.28, -0.17%)
NASDAQ : 12,179.55 (-77.37, -0.63%)
S&P500 : 4,119.17 (-18.95, -0.46%)
DJIA : 33,561.81 (-56.88, -0.17%)
USD/MYR : 4.4480 (+0.0110)
SGD/MYR : 3.3540 (+0.0042)
Crude Oil : $73.60 (+0.62)
Gold : $2,037.15 (+15.40)
US stocks were lower after the close on Tuesday, as losses in the Basic Materials, Telecoms and Consumer Goods sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average declined 0.17%, while the S&P 500 index declined 0.46%, and the NASDAQ Composite index declined 0.63%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1,710 to 1,219 and 110 ended unchanged; on the Nasdaq Stock Exchange, 1,929 fell and 1,649 advanced, while 159 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) ADVENTA (KLSE: 7191)
Technical BUY with +35.8% potential return
* Last: RM0.615 TP: RM0.785, RM0.835 SL: RM0.505
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) OPENSYS (KLSE: 0040)
Technical BUY on breakout (RM0.355) with +22.5% potential return
* Last: RM0.325 TP: RM0.415, RM0.435 SL: RM0.31
* Timeframe: 2 weeks to 2 months
* Shariah: NO
3) TUNEPRO (KLSE: 5230)
Technical BUY on breakout (RM0.445) with +28.1% potential return
* Last: RM0.43 TP: RM0.53, RM0.57 SL: RM0.39
* 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
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
10 May 2023
Short Term Opportunity:
1) ZTE Corporation (HKEX: 763)
Technical BUY Range HK$23.00-23.50
Last: HK$23.60
TP: HK$24.50/HK$26.00
SL: HK$21.00
2) BOC Hong Kong (Holdings) (HKEX: 2388)
Technical BUY Range HK$24.50-24.90
Last: HK$24.95
TP: HK$25.80/HK$26.30
SL: HK$23.60
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
#TradingIdeasHK
10 May 2023
Short Term Opportunity:
1) ZTE Corporation (HKEX: 763)
Technical BUY Range HK$23.00-23.50
Last: HK$23.60
TP: HK$24.50/HK$26.00
SL: HK$21.00
2) BOC Hong Kong (Holdings) (HKEX: 2388)
Technical BUY Range HK$24.50-24.90
Last: HK$24.95
TP: HK$25.80/HK$26.30
SL: HK$23.60
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
#TradingIdeasHK
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
11 May 2023
Short Term Opportunity:
1) China Longyuan Power Group Corporation Limited (HKEX: 916)
Technical BUY Range HK$8.55-8.70
Last: HK$8.71
TP: HK$9.00/HK$9.10
SL: HK$8.18
2) China Resources Power Holdings (HKEX: 836)
Technical BUY Range HK$17.90-18.12
Last: HK$18.18
TP: HK$18.80/HK$19.40
SL: HK$17.00
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
#TradingIdeasHK
11 May 2023
Short Term Opportunity:
1) China Longyuan Power Group Corporation Limited (HKEX: 916)
Technical BUY Range HK$8.55-8.70
Last: HK$8.71
TP: HK$9.00/HK$9.10
SL: HK$8.18
2) China Resources Power Holdings (HKEX: 836)
Technical BUY Range HK$17.90-18.12
Last: HK$18.18
TP: HK$18.80/HK$19.40
SL: HK$17.00
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
#TradingIdeasHK
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 Singapore Retail Market Monitor
11 May 2023
Short Term Opportunity:
1) Hongkong Land Holdings (SGX:H78)
Technical BUY Range US$4.44-4.45
Last: US$4.44
TP: US$4.75
SL: US$4.30
2) Sembcorp Industries (SGX: U96)
Technical BUY Range S$4.65-4.66
Last: S$4.66
TP: S$5.00
SL: S$4.50
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
#TradingIdeasSG
11 May 2023
Short Term Opportunity:
1) Hongkong Land Holdings (SGX:H78)
Technical BUY Range US$4.44-4.45
Last: US$4.44
TP: US$4.75
SL: US$4.30
2) Sembcorp Industries (SGX: U96)
Technical BUY Range S$4.65-4.66
Last: S$4.66
TP: S$5.00
SL: S$4.50
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
#TradingIdeasSG
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
LIVE WEBINAR - CANTONESE
Dialogue with Listed Companies: SenseTime
📅 Thursday, 11 May 2023
⏰ 7:00pm – 8:00pm
This webinar will be hosted in Cantonese and open to the public.
Register Now:
https://register.gotowebinar.com/register/6503218083514087767?source=MY
____
SenseTime is a leading AI software company in Asia focused on creating a better AI-empowered future through innovation. With market cap of HK$100 billion, SenseTime is on track to advance the development of Artificial General Intelligence (AGI) in AI research, AI services and solutions as well as scalable and affordable AI software.
Moderator:
Mr. Curtis Yeung Wan Yui
Strategist
UOB Kay Hian Hong Kong
Guest Speaker:
Mr. Michael Chan
Managing Director, Capital Markets and Investor Relations
Sense Time
____
#UOBKayHianEvents
#UOBKHHK
Dialogue with Listed Companies: SenseTime
📅 Thursday, 11 May 2023
⏰ 7:00pm – 8:00pm
This webinar will be hosted in Cantonese and open to the public.
Register Now:
https://register.gotowebinar.com/register/6503218083514087767?source=MY
____
SenseTime is a leading AI software company in Asia focused on creating a better AI-empowered future through innovation. With market cap of HK$100 billion, SenseTime is on track to advance the development of Artificial General Intelligence (AGI) in AI research, AI services and solutions as well as scalable and affordable AI software.
Moderator:
Mr. Curtis Yeung Wan Yui
Strategist
UOB Kay Hian Hong Kong
Guest Speaker:
Mr. Michael Chan
Managing Director, Capital Markets and Investor Relations
Sense Time
____
#UOBKayHianEvents
#UOBKHHK
UOB Kay Hian Malaysia (Official)
LIVE WEBINAR - CANTONESE Dialogue with Listed Companies: SenseTime 📅 Thursday, 11 May 2023 ⏰ 7:00pm – 8:00pm This webinar will be hosted in Cantonese and open to the public. Register Now: https://register.gotowebinar.com/register/6503218083514087767?source=MY…
🛎 Next to Palantir founded by Peter Thiel, is China's SenseTime the world's most valuable AI startup?
🛎 Is SenseNova the AI rival for ChatGPT?
Join this special dialogue with SenseTime to find out more.
🛎 Is SenseNova the AI rival for ChatGPT?
Join this special dialogue with SenseTime to find out more.
UOBKH Retail Market Monitor
12 May 2023
FBMKLCI: 1,425.18 (-0.50)
Support: 1,395, 1,374
Resistance: 1,462, 1,480
Bursa Top Gainers:
IOICORP (+1.8%), SIMEPLT (+1.8%), KLK (+1.4%)
Bursa Top Losers:
INARI (-3.4%), PETDAG (-2.1%), PCHEM (-2.1%)
Bursa Trade Statistics
Local Institutions (45.6%): +RM9.0m
Local Retail (26.5%): +RM25.4m
Foreign (27.9%): -RM34.4m
Global Equity Indexes
MSCI Asia : 161.62 (-0.38, -0.23%)
NASDAQ : 12,328.51 (+22.07, +0.18%)
S&P500 : 4,130.62 (-7.02, -0.17%)
DJIA : 33,309.51 (-221.82, -0.66%)
USD/MYR : 4.4640 (+0.0055)
SGD/MYR : 3.3611 (+0.0031)
Crude Oil : $71.34 (-2.26)
Gold : $2,015.97 (-15.00)
US stocks were mixed after the close on Thursday, as gains in the Consumer Goods, Technology and Consumer Services sectors led shares higher while losses in the Basic Materials, Oil & Gas and Utilities sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average lost 0.66%, while the S&P 500 index declined 0.17%, and the NASDAQ Composite index added 0.18%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2,001 to 915 and 102 ended unchanged; on the Nasdaq Stock Exchange, 2,283 fell and 1,266 advanced, while 135 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) RAMSSOL (KLSE: 7173)
Technical BUY on breakout (RM0.41) with +25.6% potential return
* Last: RM0.37 TP: RM0.485, RM0.515 SL: RM0.33
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) AWC (KLSE: 7579)
Technical BUY on breakout (RM0.525) with +21.9% potential return
* Last: RM0.515 TP: RM0.59, RM0.64 SL: RM0.475
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) SIGN (KLSE: 7246)
Technical BUY with +23.9% potential return
* Last: RM1.34 TP: RM1.49, RM1.66 SL: RM1.14
* 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
12 May 2023
FBMKLCI: 1,425.18 (-0.50)
Support: 1,395, 1,374
Resistance: 1,462, 1,480
Bursa Top Gainers:
IOICORP (+1.8%), SIMEPLT (+1.8%), KLK (+1.4%)
Bursa Top Losers:
INARI (-3.4%), PETDAG (-2.1%), PCHEM (-2.1%)
Bursa Trade Statistics
Local Institutions (45.6%): +RM9.0m
Local Retail (26.5%): +RM25.4m
Foreign (27.9%): -RM34.4m
Global Equity Indexes
MSCI Asia : 161.62 (-0.38, -0.23%)
NASDAQ : 12,328.51 (+22.07, +0.18%)
S&P500 : 4,130.62 (-7.02, -0.17%)
DJIA : 33,309.51 (-221.82, -0.66%)
USD/MYR : 4.4640 (+0.0055)
SGD/MYR : 3.3611 (+0.0031)
Crude Oil : $71.34 (-2.26)
Gold : $2,015.97 (-15.00)
US stocks were mixed after the close on Thursday, as gains in the Consumer Goods, Technology and Consumer Services sectors led shares higher while losses in the Basic Materials, Oil & Gas and Utilities sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average lost 0.66%, while the S&P 500 index declined 0.17%, and the NASDAQ Composite index added 0.18%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2,001 to 915 and 102 ended unchanged; on the Nasdaq Stock Exchange, 2,283 fell and 1,266 advanced, while 135 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) RAMSSOL (KLSE: 7173)
Technical BUY on breakout (RM0.41) with +25.6% potential return
* Last: RM0.37 TP: RM0.485, RM0.515 SL: RM0.33
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) AWC (KLSE: 7579)
Technical BUY on breakout (RM0.525) with +21.9% potential return
* Last: RM0.515 TP: RM0.59, RM0.64 SL: RM0.475
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) SIGN (KLSE: 7246)
Technical BUY with +23.9% potential return
* Last: RM1.34 TP: RM1.49, RM1.66 SL: RM1.14
* 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
UOBKH Hong Kong Retail Market Monitor
12 May 2023
Short Term Opportunity:
1) Picc Property And Casualty Co. Ltd (HKEX: 2328)
Technical BUY Range HK$9.60-9.92
Last: HK$10.02
TP: HK$10.36/HK$10.60
SL: HK$9.30
2) First Pacific Co. Ltd (HKEX: 142)
Technical BUY Range HK$2.78-2.88
Last: HK$2.97
TP: HK$3.10/HK$3.20
SL: HK$2.60
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
#TradingIdeasHK
12 May 2023
Short Term Opportunity:
1) Picc Property And Casualty Co. Ltd (HKEX: 2328)
Technical BUY Range HK$9.60-9.92
Last: HK$10.02
TP: HK$10.36/HK$10.60
SL: HK$9.30
2) First Pacific Co. Ltd (HKEX: 142)
Technical BUY Range HK$2.78-2.88
Last: HK$2.97
TP: HK$3.10/HK$3.20
SL: HK$2.60
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
#TradingIdeasHK
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