UOBKH Trading Ideas

👩🏻‍💻 UPCOMING WEBINAR Outlook for 2024: Managing your investments for the year ahead 📅 Date & Time: 24 June (Mon), 6.30pm 👉 Register now: https://bit.ly/3VgBFrj At the start of 2024, investors were optimistic about Fed rate cuts and a soft landing for the US economy. Despite higher yields, US equities, especially tech stocks, have rallied. However, persistent inflation and strong growth raise concerns about future inflation's impact on bonds and equities. In this webinar, Kyungju Hong, Investment Associate at Endowus, will discuss: 1. Year-to-date performance of the market and Endowus portfolio 2. H2 2024 outlook on inflation, rates, bonds, and equities 3. How investors should position for current markets

What happens if there's a TIE between Trump and Biden? 🥊💥 Join Paul DeVierno to gain insights on the neck-and-neck battle between Trump and Biden. Despite Trump's lead in polls, recent shift hint at a close contest with swing states pivotal. Explore the possibility of an electoral tie and the rare House decision. Watch now on this exciting election! 🗳 Click the link to watch: https://fb.watch/sHJK1PTKN4/ Follow us on Facebook: UTRADE Singapore

Morning with UOB Kay Hian: 🚢 Mapletree Industrial Trust (MINT SP) ✔️ MINT has secured a replacement tenant from the healthcare services sector for its data centre at Brentwood, Tennessee. The new lease has a long duration... ✔️ MINT intends to acquire more data centres in Asia Pacific and Europe. ✔️ Maintain BUY. Target price: S$2.93. MINT provides an attractive FY25 distribution yield of 6.2% (DCREIT: 5.4% and KDCREIT: 5.1%). Click here for full insights.

🌍 Overnight News That Moved The Market 📊 🚘 Tesla's Musk wins shareholder approval for $56 billion pay package, touts his ability to 'deliver' 💻 Adobe raises full-year revenue forecast on robust software demand 📈Nasdaq, S&P 500 post all-time closing highs for 4th day as tech boosts 📊 US weekly jobless claims at 10-month high as labor market eases; inflation cooling (Source: Reuters)

Morning with UOB Kay Hian: 🚢 Atlantic Navigation (ATL SP, Not rated, price: S$0.36) ✔️ ATL is a Middle East-focused offshore marine company that saw its 2023, net profit rise to US$18.1m (+62% yoy)... ✔️ 1Q24 EBITDA margins expanded further to 42.1% (2023: 37.4%) vs the 20-26% levels seen in 2019-21... ✔️ Earnings growth in 2024 will likely be driven by recently acquired vessels... ✔️ As at end-1Q24, the company had net gearing of 40.7%, a slight increase from 38% at end-23... ✔️ Management has guided for strong profit growth in 2024 and 2025 on the back of higher dayrates... Click here for full insights: https://bit.ly/4ehhWQZ

🌍 Overnight News That Moved The Market 📊 🍎 AI-powered Apple overtakes Microsoft as world's most valuable company 🚗 EU hits Chinese EVs with tariffs, drawing rebuke from Beijing 💹 China's inflation steady, maintains pressure for more stimulus to boost demand 💰 Fed leaves rates unchanged, sees only one 2024 cut despite inflation progress (Source: Reuters)

How Apple's Rising Stock Boosted the U.S. Stock Market? 🍎📈 Join Paul DeVierno as he explores Apple's Stock Surge, Inflation Concerns, and Market Complexities! He also delved into the booming healthcare sector and the energy sector and the potential U.S. recession. Watch now! 📊 Click the link to watch: https://fb.watch/sFajmfIzSi/ Follow us on Facebook: UTRADE Singapore

🌍 Overnight News That Moved The Market 📊 🍎 Apple hits record as AI features promise boost in iPhone sales 💻 Oracle expects double-digit revenue growth for fiscal 2025 on strong AI demand ⚙️ US weighs more limits on China's access to AI chips, Bloomberg reports 🇺🇸 US Senate panel to weigh Novo Nordisk subpoena over Ozempic, Wegovy prices (Source: Reuters)

Morning with UOB Kay Hian: 💰 Buy Keppel DC REIT Recommendation ✔️ Buy Keppel DC REIT at S$1.78-1.79. Stop at S$1.75 and profit target at S$1.92 ✔️ Price is trading above the cloud, keeping the uptrend intact ✔️ Conversion and base lines remain in a bullish crossover and the base line is acting as support ✔️ MACD remains bullish

Morning with UOB Kay Hian: 💰 Keppel DC REIT (KDCREIT SP) | BUY Price / Target: S$1.78 / S$2.20 ✔️ Silver Lining For Guangdong Data Centres ✔️ We saw green shoots of recovery for Guangdong DC1 and DC2. KDCREIT has submitted proposals to requests from several potential tenants... ✔️ KDCREIT will scout for acquisitions in Singapore and Japan... ✔️ It provides 2024 distribution yield of 5.1%... ✔️ Maintain BUY. Target price: S$2.20... Click here for full insights: https://bit.ly/3KFcbPI