UOBKH Retail Market Monitor
10 July 2023

FBMKLCI: 1,376.68 (+8.28)
Support: 1,374, 1,360
Resistance: 1,437, 1,465

Bursa Top Gainers:
PMETAL (+0.84%), PCHEM (+0.84%), PETDAG (+0.09%)

Bursa Top Losers:
IOICORP (-2.3%), MAXIS (-1.7%), CDB (-1.5%)

Bursa Trade Statistics
Local Institutions (37.1%): +RM160.5m
Local Retail (27.7%): +RM26.6m
Foreign (35.2%):-RM187.1m

Global Equity Indexes
MSCI Asia : 161.66 (-0.69, -0.43%)
NASDAQ : 13,660.72 (-18.32,-0.13%)
S&P500 : 4,398.44 (-12.64,-0.29%)
DJIA : 33,734.88 (-187.38,-0.55%)

USD/MYR : 4.6565 (-0.0015)
SGD/MYR : 3.4473 (-0.0084)

Crude Oil : $73.48(+1.67)
Gold : $1,923.95 (+5.95)

US stocks were lower after the close on Friday, as losses in the Telecoms, Healthcare and Utilities sectors led shares lower. At the close in NYSE, the DJIA declined 0.55%, while the S&P 500 index declined 0.29%, and the NASDAQ Composite index declined 0.13%. Rising stocks outnumbered declining ones on the NYSE by 2,155 to 793 and 74 ended unchanged; on the Nasdaq Stock Exchange, 2,322 rose and 1,196 declined, while 114 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) MHB (KLSE: 5186)
Technical BUY with +21.4% potential return
* Last: RM0.54 TP: RM0.63, RM0.68 SL: RM0.48
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) EMETALL (KLSE: 7217)
Technical BUY with +21.0% potential return
* Last: RM0.525 TP: RM0.595, RM0.635 SL: RM0.485
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) INNATURE (KLSE: 5295)
Technical BUY on breakout of (RM0.56) with +15.2% potential return
* Last: RM0.54 TP: RM0.62, RM0.645 SL: RM0.495
* 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

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UOBKH Retail Market Monitor
11 July 2023

FBMKLCI: 1,383.06 (+5.39)
Support: 1,374, 1,360
Resistance: 1,437, 1,465

Bursa Top Gainers:
DIALOG (+4.3%), PMETAL (+1.7 %), KLK (+1.6%)

Bursa Top Losers:
MRDIY (-1.3 %), AXIATA (-1.2 %), TM (-0.42%)

Bursa Trade Statistics
Local Institutions (35.6%): +RM82.0m
Local Retail (32.7%): -RM11.5m
Foreign (31.7%): -RM70.5m

Global Equity Indexes
MSCI Asia : 161.57 (-0.09, -0.06%)
NASDAQ : 13,685.48 (+24.76, +0.18%)
S&P500 : 4,409.53 (+10.58, +0.24%)
DJIA : 33,944.40 (+209.52, +0.62%)

USD/MYR : 4.6600 (-0.0105)
SGD/MYR : 3.4672 (+0.0044)

Crude Oil : $ 73.33 (-0.15)
Gold : $ 1,926.78 (+2.83)

US stocks were higher after the close on Monday, as gains in the Industrials, Healthcare and Oil & Gas sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average added 0.62%, while the S&P 500 index gained 0.24%, and the NASDAQ Composite index climbed 0.18%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 2,053 to 893 and 92 ended unchanged; on the Nasdaq Stock Exchange, 2,291 rose and 1,218 declined, while 142 ended unchanged. (Source: Investing.Com)

Stocks To Watch:
1) KRONO (KLSE: 0176)
Technical BUY with +16.2% potential return
* Last: RM0.555 TP: RM0.625, RM0.645 SL: RM0.515
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) CCK (KLSE: 7035)
Technical BUY o with +19.6% potential return
* Last: RM0.715 TP: RM0.815, RM0.855 SL: RM0.675
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) JHM (KLSE: 0127)
Technical BUY on breakout (0.765) with +20.3% potential return
* Last: RM0.75 TP: RM0.87, RM0.92 SL: RM0.71
* 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