Forwarded from M+ On-The-Go
M+ Global Market Update – 29May26
Investors Are Still Speculating On A US-Iran Deal
US: Following the ongoing positive developments regarding the US–Iran deal, we believe that Wall Street will continue to trade with a bullish bias in the near term. Meanwhile, we think traders could monitor Boeing following the recent lifting of its regulatory caps, implying that its massive USD695bn backlog can finally begin translating into top-line revenue, coupled with an active 200-jet commitment pipeline from Chinese carriers, with management signalling that the total long-term market opportunity in China could realistically expand to 700 aircraft. Lastly, we also like the recovery seen in Microsoft’s share price, supported by its earnings outperformance and the surge in Azure cloud services.
MY: Amid the ongoing sell-down in the FBM KLCI, we view it as a opportune time to accumulate banking stocks, particularly MAYBANK and CIMB, given their strong fundamentals and attractive dividend yields. Meanwhile, we think traders could take positions in DUFU and 3REN; the former is benefitting from the surge in demand for nearline HDDs and its planned diversification into advanced manufacturing in 2027, while the latter benefits from Intel’s multi-billion-dollar advanced packaging hub expansion in Malaysia. Lastly, enterprise ICT solutions provider PENTECH (M+ TP: RM 0.40) will close its IPO applications today.
Stocks to watch:
Technology: *CPETECH*, *DUFU*, *EG*, FPGROUP, JFTECH, KESM, *MCLEAN*, SFPTECH
Industrial Products: *OXB*
Construction: *PWRWELL*
Solar: *SLVEST*
**Source: M+ Global**
Investors Are Still Speculating On A US-Iran Deal
US: Following the ongoing positive developments regarding the US–Iran deal, we believe that Wall Street will continue to trade with a bullish bias in the near term. Meanwhile, we think traders could monitor Boeing following the recent lifting of its regulatory caps, implying that its massive USD695bn backlog can finally begin translating into top-line revenue, coupled with an active 200-jet commitment pipeline from Chinese carriers, with management signalling that the total long-term market opportunity in China could realistically expand to 700 aircraft. Lastly, we also like the recovery seen in Microsoft’s share price, supported by its earnings outperformance and the surge in Azure cloud services.
MY: Amid the ongoing sell-down in the FBM KLCI, we view it as a opportune time to accumulate banking stocks, particularly MAYBANK and CIMB, given their strong fundamentals and attractive dividend yields. Meanwhile, we think traders could take positions in DUFU and 3REN; the former is benefitting from the surge in demand for nearline HDDs and its planned diversification into advanced manufacturing in 2027, while the latter benefits from Intel’s multi-billion-dollar advanced packaging hub expansion in Malaysia. Lastly, enterprise ICT solutions provider PENTECH (M+ TP: RM 0.40) will close its IPO applications today.
Stocks to watch:
Technology: *CPETECH*, *DUFU*, *EG*, FPGROUP, JFTECH, KESM, *MCLEAN*, SFPTECH
Industrial Products: *OXB*
Construction: *PWRWELL*
Solar: *SLVEST*
**Source: M+ Global**
Forwarded from CGS International Securities Malaysia
*Trading Stocks today:*
For *Trendspotter*, please click on this link: < https://tinyurl.com/ynwakua7 > to view the report.
Or please logon to your account on http://www.cgsi.com.my/ and click on <Research> Tab.
*Malaysia*:
*JHM Consolidation (0127)* (RM0.41): Technical Buy
Targets: RM0.45, RM0.475
Stop: RM0.365
*Crest Group (0323)* (RM0.21): Technical Buy
Targets: RM0.225, RM0.235
Stop: RM0.185
*Fundamental Report(s):*
*Sime Darby Property Berhad* - Slow 1Q but encouraging presales (Maintain Add with a lower TP of RM1.85) https://tinyurl.com/amymm9y7
*IHH Healthcare Bhd* - Execution key to 2H26F improvement (Maintain Add with a TP of RM9.85) https://tinyurl.com/7ar6evb2
*Malayan Cement Bhd* - Solid quarter, with uptick in margins (Maintain Add with a TP of RM10.10) https://tinyurl.com/42pr4s9m
*Econpile Holdings Bhd* - Slight margin uptick and YTD wins on track (Maintain Add with a TP of RM0.24) https://tinyurl.com/yffe829c
*YTL Corporation* - Waiting to convert on tender book (Maintain Add with a TP of RM2.68) https://tinyurl.com/y6wh688x
*IJM Corp Bhd* - More granularity on value unlocking (Maintain Add with a lower TP of RM3.20) https://tinyurl.com/5ds3tcw3
*IOI Properties Group Berhad* - 9M26 a beat; most catalysts priced in (Downgrade to Hold with a higher TP of RM4.51) https://tinyurl.com/5axud8f3
*YTL Power International* - Weak PowerSeraya; growing DC capacity (Maintain Add with a TP of RM4.60) https://tinyurl.com/yzev65te
*Malayan Banking Bhd* - Expecting qoq net profit recovery in 2Q26F (Maintain Add with a TP of RM15.00) https://tinyurl.com/3rbpt9h5
*Malakoff Corporation* - A weak start (Maintain Add with a TP of RM1.20) https://tinyurl.com/zf5yjw3z
*AMMB Holdings* - Raising dividend payout ratio (Maintain Add with a higher TP of RM8.20) https://tinyurl.com/3xmc2kp4
*QL Resources* - In-line 4QFY26 results; value emerging (Upgrade to Hold with a lower TP of RM3.48) https://tinyurl.com/2wjtnefy
Join CGS International Securities Malaysia's Official Telegram Channel https://t.me/cgsi_my
*29th May 2026*
Disclaimers: This distribution is by CGS International Securities Malaysia Sdn. Bhd. (“CGS MY”) in Malaysia only. The views are our own as of this date and subject to change. No further distribution is allowed without our prior written consent. CGS MY, its related corporations, affiliates and business partners make no recommendation, offer or invitation to transact in any securities, futures contracts or other instruments. Please make your independent evaluation, consider your own investment objectives and financial situation and consult your own professional advisers before participating in any transaction.
For *Trendspotter*, please click on this link: < https://tinyurl.com/ynwakua7 > to view the report.
Or please logon to your account on http://www.cgsi.com.my/ and click on <Research> Tab.
*Malaysia*:
*JHM Consolidation (0127)* (RM0.41): Technical Buy
Targets: RM0.45, RM0.475
Stop: RM0.365
*Crest Group (0323)* (RM0.21): Technical Buy
Targets: RM0.225, RM0.235
Stop: RM0.185
*Fundamental Report(s):*
*Sime Darby Property Berhad* - Slow 1Q but encouraging presales (Maintain Add with a lower TP of RM1.85) https://tinyurl.com/amymm9y7
*IHH Healthcare Bhd* - Execution key to 2H26F improvement (Maintain Add with a TP of RM9.85) https://tinyurl.com/7ar6evb2
*Malayan Cement Bhd* - Solid quarter, with uptick in margins (Maintain Add with a TP of RM10.10) https://tinyurl.com/42pr4s9m
*Econpile Holdings Bhd* - Slight margin uptick and YTD wins on track (Maintain Add with a TP of RM0.24) https://tinyurl.com/yffe829c
*YTL Corporation* - Waiting to convert on tender book (Maintain Add with a TP of RM2.68) https://tinyurl.com/y6wh688x
*IJM Corp Bhd* - More granularity on value unlocking (Maintain Add with a lower TP of RM3.20) https://tinyurl.com/5ds3tcw3
*IOI Properties Group Berhad* - 9M26 a beat; most catalysts priced in (Downgrade to Hold with a higher TP of RM4.51) https://tinyurl.com/5axud8f3
*YTL Power International* - Weak PowerSeraya; growing DC capacity (Maintain Add with a TP of RM4.60) https://tinyurl.com/yzev65te
*Malayan Banking Bhd* - Expecting qoq net profit recovery in 2Q26F (Maintain Add with a TP of RM15.00) https://tinyurl.com/3rbpt9h5
*Malakoff Corporation* - A weak start (Maintain Add with a TP of RM1.20) https://tinyurl.com/zf5yjw3z
*AMMB Holdings* - Raising dividend payout ratio (Maintain Add with a higher TP of RM8.20) https://tinyurl.com/3xmc2kp4
*QL Resources* - In-line 4QFY26 results; value emerging (Upgrade to Hold with a lower TP of RM3.48) https://tinyurl.com/2wjtnefy
Join CGS International Securities Malaysia's Official Telegram Channel https://t.me/cgsi_my
*29th May 2026*
Disclaimers: This distribution is by CGS International Securities Malaysia Sdn. Bhd. (“CGS MY”) in Malaysia only. The views are our own as of this date and subject to change. No further distribution is allowed without our prior written consent. CGS MY, its related corporations, affiliates and business partners make no recommendation, offer or invitation to transact in any securities, futures contracts or other instruments. Please make your independent evaluation, consider your own investment objectives and financial situation and consult your own professional advisers before participating in any transaction.
Forwarded from UOB Kay Hian Malaysia (Official)
UOBKH Retail Market Monitor
29 May 2026
FBMKLCI: 1,684.93 (-14.09)
Support: 1,672, 1,648
Resistance: 1,725, 1,773
Bursa Top Gainers:
AXIATA (+1.5%), PETGAS (+1.2%), SUNWAY (+1.2%)
Bursa Top Losers:
MAYBANK (-4.0%), HLBANK (-3.3%), CIMB (-2.5%)
Bursa Trade Statistics
Local Institutions (39.47%): +RM191.81M
Local Retail (25.42%): +RM205.45M
Foreign (35.11%): -RM397.26M
Global Equity Indexes
MSCI Asia : 275.62 (+2.86, +1.05%)
NASDAQ : 26,917.47 (+242.74, +0.91%)
S&P500 : 7,563.63 (+43.27, +0.58%)
DJIA : 50,668.97 (+24.69, +0.05%)
USD/MYR : 3.9600 (-0.005)
SGD/MYR : 3.1062 (+0.0003)
Crude Oil (Brent) : $93.37 (-2.38)
Gold : $4,493.54 (+44.22)
US. stocks were higher after the close on Thursday, as gains in the healthcare, technology and basic materials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average gained 0.05% to hit a new all-time high, while the S&P 500 Index added 0.58%, and the NASDAQ Composite Index climbed 0.91%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,575 to 1,178 and 80 ended unchanged; on the Nasdaq Stock Exchange, 2,071 rose and 1,344 declined, while 189 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) AGX (KLSE: 0299)
Technical BUY on breakout (RM 0.435) with +18.4% potential return
* Last price: RM0.405
* Target price: RM0.495, RM0.515
* Support: RM0.39
* Stop-loss: RM0.385
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) INFOTEC (KLSE: 0253)
Technical BUY with +39.2% potential return
* Last price: RM0.37
* Target price: RM0.47, RM0.515
* Support: RM0.32
* Stop-loss: RM0.315
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) JTGROUP (KLSE: 0292)
Technical BUY with +33.7% potential return
* Last price: RM0.52
* Target price: RM0.68, RM0.695
* Support: RM0.44
* Stop-loss: RM0.435
* 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
29 May 2026
FBMKLCI: 1,684.93 (-14.09)
Support: 1,672, 1,648
Resistance: 1,725, 1,773
Bursa Top Gainers:
AXIATA (+1.5%), PETGAS (+1.2%), SUNWAY (+1.2%)
Bursa Top Losers:
MAYBANK (-4.0%), HLBANK (-3.3%), CIMB (-2.5%)
Bursa Trade Statistics
Local Institutions (39.47%): +RM191.81M
Local Retail (25.42%): +RM205.45M
Foreign (35.11%): -RM397.26M
Global Equity Indexes
MSCI Asia : 275.62 (+2.86, +1.05%)
NASDAQ : 26,917.47 (+242.74, +0.91%)
S&P500 : 7,563.63 (+43.27, +0.58%)
DJIA : 50,668.97 (+24.69, +0.05%)
USD/MYR : 3.9600 (-0.005)
SGD/MYR : 3.1062 (+0.0003)
Crude Oil (Brent) : $93.37 (-2.38)
Gold : $4,493.54 (+44.22)
US. stocks were higher after the close on Thursday, as gains in the healthcare, technology and basic materials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average gained 0.05% to hit a new all-time high, while the S&P 500 Index added 0.58%, and the NASDAQ Composite Index climbed 0.91%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,575 to 1,178 and 80 ended unchanged; on the Nasdaq Stock Exchange, 2,071 rose and 1,344 declined, while 189 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) AGX (KLSE: 0299)
Technical BUY on breakout (RM 0.435) with +18.4% potential return
* Last price: RM0.405
* Target price: RM0.495, RM0.515
* Support: RM0.39
* Stop-loss: RM0.385
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) INFOTEC (KLSE: 0253)
Technical BUY with +39.2% potential return
* Last price: RM0.37
* Target price: RM0.47, RM0.515
* Support: RM0.32
* Stop-loss: RM0.315
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) JTGROUP (KLSE: 0292)
Technical BUY with +33.7% potential return
* Last price: RM0.52
* Target price: RM0.68, RM0.695
* Support: RM0.44
* Stop-loss: RM0.435
* 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
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UOB Kay Hian Malaysia (Official)
UOB Kay Hian MY offers Private Wealth Management, stockbroking, investment advisory and global equities. Helping individuals, businesses, and institutions invest with confidence.
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https://linktr.ee/UOBKayHianMalaysia
Link in bio
https://linktr.ee/UOBKayHianMalaysia
Forwarded from RHB Investment Bank Official
RHB Retail Research
Technical Analyzer
29 May 2026
Download report here : https://shorturl.at/9PSXg
🚀 Trade & Win 2026 is underway!
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Campaign Period: 1 January 2026 – 31 December 2026
For more info visit: https://shorturl.at/mFSvC
Technical Analyzer
29 May 2026
Download report here : https://shorturl.at/9PSXg
🚀 Trade & Win 2026 is underway!
Trade for a chance to drive home a Tesla Model Y and win monthly Apple iPhone 17 prizes. Start trading today — every trade brings you closer to winning!
Campaign Period: 1 January 2026 – 31 December 2026
For more info visit: https://shorturl.at/mFSvC