*UOBKH Retail Market Monitor 24 June 2022* FBMKLCI: 1,431.05 | ShareNews2U

*UOBKH Retail Market Monitor 24 June 2022*

FBMKLCI: 1,431.05 (-0.05)
Support: 1,418, 1,400
Resistance: 1,483, 1,500

Top Gainers: SIMEPLT (+6.20%), TOPGLOV (+4.0%), KLK (+3.2%)
Top Losers: PPB (-3.6%), PCHEM (-1.6%), DIGI (-1.5%)

Bursa Trade Statistics:
Local Institutions (51.6%): -RM41.6m
Local Retail (23.7%): +RM36.6m
Foreign (24.7%): +RM5.0m

MSCI Asia : 157.33 (+0.94, +0.60%)
NASDAQ : 11,232.69 (+179.11, +1.62%)
S&P500 : 3,795.73 (+35.84, +0.95%)
DJIA : 30,677.36 (+194.23, +0.64%)

USD/MYR : 4.4028 (-0.0002)
SGD/MYR : 3.1651 (-0.0092)

Crude Oil : $104.94 (+0.99)
Gold : $1,825.50 (-13.00)

Stocks to watch:

1) RL (0219); Technical BUY with +37.8% potential return
*Last: RM0.340 Target: RM0.41, RM0.455 Stop: RM0.305
*Timeframe: 2 weeks to 2 months
*Syariah: YES

2) ACME (7131); Technical BUY with +40.0% potential return
*Last: RM0.200 Target: RM0.265, RM0.28 Stop: RM0.16
*Timeframe: 2 weeks to 2 months
*Syariah: YES

3) TANCO (2429); Technical BUY on breakout (RM0.29) with +39.7% potential return
*Last: RM0.27 Target: RM0.345, RM0.405 Stop: RM0.22
*Timeframe: 2 weeks to 2 months
*Syariah: YES

*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 report, please log in to www.utrade.com.my