UOBKH Retail Market Monitor
12 October 2023

FBMKLCI: 1,436.49 (+1.32)
Support: 1,400, 1,377
Resistance: 1,467, 1,487

Bursa Top Gainers:
MRDIY (+2.6%), WPRTS (+1.9%), SIME (+1.8%)

Bursa Top Losers:
NESTLE (-3.9%), PETDAG (-1.2%), KLK (-1.0%)

Bursa Trade Statistics
Local Institutions (36.8%): +RM51.6m
Local Retail (24.4%): -RM2.6m
Foreign (38.8%): -RM49.0m

Global Equity Indexes
MSCI Asia : 156.74 (+1.81, +1.17%)
NASDAQ : 13,659.68 (+96.84, +0.71%)
S&P500 : 4,376.95 (+18.71, +0.43%)
DJIA : 33,804.87 (+65.57, +0.19%)

USD/MYR : 4.7162 (-0.0121)
SGD/MYR : 3.4601 (-0.0037)

Crude Oil : $83.22 (-2.71)
Gold : $1,875.31 (-15.22)

The Dow closed higher Wednesday, shrugging off data pointing to an uptick in the pace of inflation as investor focus shifted to consumer inflation data for September that will likely seal the Federal Reserve’s decision on whether to stand pat on rate hikes next month. The Dow Jones Industrial Average rose 0.2%, 65 points, Nasdaq gained 0.7%, and the S&P 500 rose 0.4%. (Source: Investing.com)

Stocks To Watch:

1) SHANG (KLSE: 5517)
Technical BUY with +41.7% potential return
* Last: RM2.18 TP: RM2.52, RM3.09 SL: RM2.08
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) MRDIY (KLSE: 5296)
Technical BUY with +36.5% potential return
* Last: RM1.59 TP: RM1.87, RM2.17 SL: RM1.44
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) TAKAFUL (KLSE: 6139)
Technical BUY with +16.9% potential return
* Last: RM3.60 TP: RM3.77, RM4.21 SL: RM3.50
* 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.

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

UOBKH Malaysia Trading Idea
12 October 2023

#TradingIdea #UOBKayHian #UOBKayHianMalaysia #UTRADE

UOBKH Hong Kong Retail Market Monitor
12 October 2023

Short Term Opportunity:
1) Shenzhou International Group Holdings Ltd. (HKEX: 2313)
Technical BUY range HK$ 72.80-74.30
Last: HK$ 74.55
TP: HK$ 76.80/ HK$ 78.00
SL: HK$ 71.60

2) Lenovo Group Ltd (HKEX: 992)
Technical BUY range HK$ 8.30-8.50
Last: HK$ 8.52
TP: HK$ 8.80/ HK$ 9.18
SL: HK$ 7.60

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

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UOBKH Retail Market Monitor
13 October 2023

FBMKLCI: 1,443.82 (+7.33)
Support: 1,400, 1,377
Resistance: 1,467, 1,487

Bursa Top Gainers:
PMETAL (+1.9%), AXIATA (+1.7%), CDB (+1.6%)

Bursa Top Losers:
PPB (-1.9%), KLK (-1.7%), DIALOG (-1.4%)

Bursa Trade Statistics
Local Institutions (44.4%): -RM59.9m
Local Retail (27.2%): -RM58.1m
Foreign (28.4%): +RM118.0m

Global Equity Indexes
MSCI Asia : 157.93 (+1.19, +0.76%)
NASDAQ : 13,574.22 (-85.46, -0.63%)
S&P500 : 4,349.61 (-27.34, -0.62%)
DJIA : 33,631.14 (-173.73, -0.51%)

USD/MYR : 4.7115 (-0.0047)
SGD/MYR : 3.4577 (-0.0024)

Crude Oil : $83.47 (+0.25)
Gold : $1,870.77 (-4.54)

The Dow cut intraday cuts to close lower Thursday as rising Treasury yields pierced through early-day optimism following inflation data that surprised to the upside and signs of ongoing strength in the labor market. The Dow Jones Industrial Average fell 0.5%, 173 points, Nasdaq fell 0.6%, and the S&P 500 slipped 0.6%. (Source: Investing.com)

Stocks To Watch:

1) SUNVIEW (KLSE: 0262)
Technical BUY with +20.1% potential return
* Last: RM0.795 TP: RM0.895, RM0.955 SL: RM0.735
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) DRBHCOM (KLSE: 1619)
Technical BUY with +11.7% potential return
* Last: RM1.45 TP: RM1.55, RM1.62 SL: RM1.29
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) EPMB (KLSE: 7773)
Technical BUY with +17.9% potential return
* Last: RM0.890 TP: RM0.950, RM1.05 SL: RM0.825
* 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
13 October 2023

#TradingIdea #UOBKayHian #UOBKayHianMalaysia #UTRADE

UOBKH Singapore Retail Market Monitor
13 October 2023

Short Term Opportunity:
1) Frencken Group (SGX: E28)
Technical BUY range S$ 1.12-1.13
Last: S$ 1.17
TP: S$ 1.29
SL: S$ 1.08

2) Singapore Tech Engineering (SGX: S63)
Technical BUY range S$ 3.86-3.88
Last: S$ 3.98
TP: S$ 4.17
SL: S$ 3.77


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

UOBKH Hong Kong Retail Market Monitor
13 October 2023

Short Term Opportunity:
1) China Mengniu Dairy Co. Ltd. (HKEX: 2319)
Technical BUY range HK$ 26.20-27.00
Last: HK$ 27.05
TP: HK$ 28.00/ HK$ 28.50
SL: HK$ 24.80

2) Haidilao International Holding Ltd. (HKEX: 6862)
Technical BUY range HK$ 21.00-21.50
Last: HK$ 21.55
TP: HK$ 22.30/ HK$ 22.80
SL: HK$ 19.60

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

LIVE WEBINAR

Fundamental Analysis in Stock Trading

Presented by Desmond Chong
Associate Director / Head of Retail Research, UOB Kay Hian


📅 Tuesday, 17 October 2023
⏰ 6.00pm – 8.00pm

Talk is in English and open to public.

REGISTER NOW!
https://attendee.gotowebinar.com/register/4501963981867874645

#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian

Raising Bets for Breaks in The Storm

📆 Saturday, 28 October 2023
⏰ 9:30am-11.30am
🌐 Register at https://bit.ly/StockpickOct2023TG

__

Session 1 • Gearing Up For A Greener Malaysia & Monetisation of 5G
Presented by Chong Lee Len, Associate Director, UOB Kay Hian

Malaysia's push for greener energy is outlined in the 2023 National Energy Transition Roadmap, aiming for 70% renewable capacity by 2050. In telecom, 5G monetization and AI-driven data centers are key focuses in 2024.
__

Session 2 • Raising Bets for Breaks in The Storm
Presented by Desmond Chong, Head of Retail Research, UOB Kay Hian

After a challenging 1H23, the risk-reward balance is now more favorable due to de-rating events and market selldown. Despite concerns about a global recession, factors like China's stimulus, peak interest rates, and government policies are boosting the local market.

__

#UOBKayHianEvents #UOBKayHianMalaysia

UOBKH Retail Market Monitor
16 October 2023

FBMKLCI: 1,444.14 (+0.32)
Support: 1,400, 1,377
Resistance: 1,467, 1,487

Bursa Top Gainers:
KLK (+1.4%), PCHEM (+1.1%), TM (+1.0%)

Bursa Top Losers:
MRDIY (-1.9%), MAXIS (-1.2%), DIALOG (-0.9%)

Bursa Trade Statistics
Local Institutions (40.3%): +RM26.4m
Local Retail (29.9%): -RM8.2m
Foreign (29.9%): -RM18.2m

Global Equity Indexes
MSCI Asia : 157.10 (-2.10, -1.32%)
NASDAQ : 13,407.23 (-166.99, -1.23%)
S&P500 : 4,327.78 (-21.83, -0.50%)
DJIA : 33,670.29 (+39.15, +0.12%)

USD/MYR : 4.7325 (+0.0210)
SGD/MYR : 3.4571 (-0.0006)

Crude Oil : $87.50 (+4.03)
Gold : $1,925.68 (+54.89)

The Dow eked out a gain to end the week higher Friday, as Wall Street banks kicked off the earnings season with better-than-expected quarterly results, though investors had to contend with a bout of volatility amid rising geopolitical tensions. The Dow Jones Industrial Average rose 0.1%, 39 points, and the Nasdaq slumped 1.2%, and the S&P 500 fell 0.5%. (Source: Investing.com)

Stocks To Watch:
1) EG (KLSE: 8907)
Technical BUY with +19.2% potential return
** Last: RM1.46 TP: RM1.56, RM1.74 SL: RM1.36
** Timeframe: 2 weeks to 2 months
** Shariah: YES

2) GCB (KLSE: 5102)
Technical BUY with +33.5% potential return
** Last: RM2.21 TP: RM2.71, RM2.99 SL: RM2.15
** Timeframe: 2 weeks to 2 months
** Shariah: YES

3) LIIHEN (KLSE: 7089)
Technical BUY with +22.7% potential return
** Last: RM0.905 TP: RM0.95, RM1.11 SL: RM0.86
** 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
16 October 2023

#TradingIdea #UOBKayHian #UOBKayHianMalaysia #UTRADE

UOBKH Retail Market Monitor
17 October 2023

FBMKLCI: 1,438.96 (-5.18)
Support: 1,400, 1,377
Resistance: 1,467, 1,487

Bursa Top Gainers:
PCHEM (+1.8%), PMETAL (+1.1%), DIALOG (+1.0%)

Bursa Top Losers:
MRDIY (-3.8%), AXIATA (-2.5%), CDB (-2.3%)

Bursa Trade Statistics
Local Institutions (37.6%): +RM221.7m
Local Retail (27.9%): -RM13.0m
Foreign (34.5%): -RM208.7m

Global Equity Indexes
MSCI Asia : 157.10 (-2.10, -1.32%)
NASDAQ : 13,567.98 (+160.75, +1.20%)
S&P500 : 4,373.63 (+45.85, +1.06%)
DJIA : 33,984.54 (+314.25, +0.93%)

USD/MYR : 4.7343 (+0.0018)
SGD/MYR : 3.4595 (+0.0024)

Crude Oil : $86.71 (+0.79)
Gold : $1,918.29 (-7.39)

The Dow closed higher Monday, as investors ramped up bullish bets on big tech, shrugging off an ongoing climb in Treasury yields as attention shifts to a step up in pace of quarterly earnings expected this week. The Dow Jones Industrial Average rose 0.9% or 314 points, the Nasdaq gained 1.2%, and the S&P 500 rose 1%. (Source: Investing.com)

Stocks To Watch:
1) MFLOUR (KLSE: 3662)
Technical BUY with +15.9% potential return
** Last: RM0.66 TP: RM0.705, RM0.765 SL: RM0.635
** Timeframe: 2 weeks to 2 months
** Shariah: YES

2) GASMSIA (KLSE: 5209)
Technical BUY with +17.6% potential return
** Last: RM3.12 TP: RM3.33, RM3.67 SL: RM3.04
** Timeframe: 2 weeks to 2 months
** Shariah: YES

3) ARMADA (KLSE: 5210)
Technical BUY with +24.8% potential return
** Last: RM0.565 TP: RM0.615, RM0.705 SL: RM0.525
** 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
17 October 2023

#TradingIdea #UOBKayHian #UOBKayHianMalaysia #UTRADE

UOBKH Singapore Retail Market Monitor
17 October 2023

Short Term Opportunity:
1) AEM Holdings (SGX: AWX)
Technical BUY Range S$3.56-3.58
Last: S$3.57
TP: S$3.94
SL: S$3.42

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
17 October 2023

Short Term Opportunity:
1) Weichai Power Co., Ltd. (HKEX: 2338)
Technical BUY Range HK$10.80-11.10
Last: HK$11.16
TP: HK$11.50/HK$11.90
SL: HK$10.40

2) Kunlun Energy Company Limited (HKEX: 135)
Technical BUY Range HK$6.60-6.80
Last: HK$6.86
TP: HK$7.10/HK$7.30
SL: HK$6.30

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

Fundamental Analysis in Stock Trading

Presented by Desmond Chong
Associate Director / Head of Retail Research, UOB Kay Hian


📅 Tuesday, 17 October 2023
⏰ 6.00pm – 8.00pm

Talk is in English and open to public.

REGISTER NOW!
https://attendee.gotowebinar.com/register/4501963981867874645

#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian

UOBKH Retail Market Monitor
18 October 2023

FBMKLCI: 1,444.13 (+5.17)
Support: 1,400, 1,377
Resistance: 1,467, 1,487

Bursa Top Gainers:
PPB (+2.5%), KLK (+2.1%), AXIATA (+2.1%)

Bursa Top Losers:
AMBANK (-0.77%), PMETAL (-0.41%), CDB (-0.23%)

Bursa Trade Statistics
Local Institutions (38.9%): +RM85.6m
Local Retail (26.3%): -RM40.0m
Foreign (34.8%): -RM45.6m

Global Equity Indexes
MSCI Asia : 155.61 (-1.49, -0.95%)
NASDAQ : 13,533.75 (-34.23, -0.25%)
S&P500 : 4,373.20 (-0.43, -0.01%)
DJIA : 33,997.65 (+13.11, +0.04%)

USD/MYR : 4.7375 (+0.0032)
SGD/MYR : 3.4606 (+0.0011)

Crude Oil : $88.44 (+1.73)
Gold : $1,927.21 (+18.92)

US stocks were mixed after the close on Tuesday, as gains in the Basic Materials, Oil & Gas and Telecoms sectors led shares higher while losses in the Technology, Utilities and Healthcare sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average rose 0.04%, while the S&P 500 index fell 0.01%, and the NASDAQ Composite index fell 0.25%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,809 to 1,101 and 74 ended unchanged; on the Nasdaq Stock Exchange, 2,074 rose and 1,349 declined, while 157 ended unchanged. (Source: Investing.Com)

Stocks To Watch:
1) INFOM (KLSE: 0265)
Technical BUY on breakout (RM1.71) with +13.5% potential return
** Last: RM1.70 TP: RM1.88, RM1.94 SL: RM1.59
** Timeframe: 2 weeks to 2 months
** Shariah: YES

2) LCTITAN (KLSE: 5284)
Technical BUY on breakout (RM1.21) with +14.0% potential return
** Last: RM1.19 TP: RM1.32, RM1.38 SL: RM1.12
** Timeframe: 2 weeks to 2 months
** Shariah: YES

3) TNLOGIS (KLSE: 8397)
Technical BUY with +18.5% potential return
** Last: RM0.755 TP: RM0.835, RM0.895 SL: RM0.685
** 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
18 October 2023

#TradingIdea #UOBKayHian #UOBKayHianMalaysia #UTRADE