*UOBKH Retail Market Monitor 12 May 2022* FBMKLCI: 1,555.93 | ShareNews2U

*UOBKH Retail Market Monitor 12 May 2022*

FBMKLCI: 1,555.93 (+1.35)
Support: 1,520, 1,500
Resistance: 1,600, 1,620

Top Gainers: SIMEPLT (+1.8%), RHBBANK (+1.7%), PMETAL (+1.4%)
Top Losers: DIALOG (-2.5%), PETDAG (-1.9%), MAXIS (-1.3%)

Bursa Trade Statistics:
Local Institutions (48.5%): -RM40.5m
Local Retail (23.8%): +RM42.6m
Foreign (27.7%): -RM2.1m

MSCI Asia : 159.96 (+0.07, +0.04%)
NASDAQ : 11,364.23 (-373.44, -3.18%)
S&P500 : 3,935.18 (-65.87, -1.65%)
DJIA : 31,834.11 (-326.63, -1.02%)

USD/MYR : 4.3837 (+0.0007)
SGD/MYR : 3.1529 (+0.0016)

Crude Oil : $105.41 (+6.09)
Gold : $1,853.40 (+21.00)

Stocks to watch:

1) MAYBANK (1155); Technical BUY with +10.0% potential return
*Last: RM9.10 Target: RM9.31, RM10.01 Stop: RM8.95
*Timeframe: 2 weeks to 2 months
*Syariah: NO

2) MBSB (1171); Technical BUY with +10.2% potential return
*Last: RM0.640 Target: RM0.665, RM0.705 Stop: RM0.62
*Timeframe: 2 weeks to 2 months
*Syariah: NO

3) SUNREIT (5176); Technical BUY with +10.7% potential return
*Last: RM1.490 Target: RM1.53, RM1.65 Stop: RM1.440
*Timeframe: 2 weeks to 2 months
*Syariah: NO

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