*UOBKH Retail Market Monitor 20 May 2022* FBMKLCI: 1,549.41 | ShareNews2U

*UOBKH Retail Market Monitor 20 May 2022*

FBMKLCI: 1,549.41 (-5.50)
Support: 1,520, 1,500
Resistance: 1,600, 1,620

Top Gainers: GENTING (+4.7%), IHH (+1.9%), and PPB (+1.2%)
Top Losers: TOPGLOV (-5.2%), PMETAL (-3.8%) and INARI (-1.9%)

Bursa Trade Statistics:
Local Institutions (46.5%): -RM25.9m
Local Retail (23.9%): -RM5.3m
Foreign (29.6%): +RM31.2m

MSCI Asia : 162.13 (-2.43, -1.48%)
NASDAQ : 11,388.50 (-29.65, -0.26%)
S&P500 : 3,900.79 (-22.89, -0.58%)
DJIA : 31,253.13 (-236.94, -0.75%)

USD/MYR : 4.3970 (-0.0075)
SGD/MYR : 3.1850 (+0.0111)

Crude Oil : $111.85 (+3.49)
Gold : $1,842.10 (+26.3)

Stocks to watch:

1) HWATAI (8478); Technical BUY with +27.3% potential return
*Last: RM0.64 Target: RM0.745, RM0.815 Stop: RM0.575
*Timeframe: 2 weeks to 2 months
*Syariah: YES

2) KUB (6874); Technical BUY on breakout (RM0.62) with +24.2% potential return
*Last: RM0.60 Target: RM0.705, RM0.77 Stop: RM0.565
*Timeframe: 2 weeks to 2 months
*Syariah: YES

3) TALIWRK (8524); Technical BUY with +20.0% potential return
*Last: RM0.95 Target: RM1.11, RM1.14 Stop: RM0.91
*Timeframe: 2 weeks to 2 months
*Syariah: YES

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