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Maybank IBG Traders’ Almanac (17 July 2024) - Taking A Breather Technical Trading Ideas💡for today: 1️⃣ MALAYSIA SMELTING CORPORATION – 5916 (S) 2️⃣ MBM RESOURCES – 5983 (S) 3️⃣ TALIWORKS CORPORATION - 8524 (S) 4️⃣ CPO FUTURES (CP: MYR 3,936) 5️⃣ KLCI INDEX FUTURES (CP: 1,631.50) Note: S - Shariah Compliant For the full report, stock ideas, and market flows, access Market Insight on Maybank Trade on Apple Store and Google Play. #MaybankIBGResearch #MaybankIBGTA

Potential as Asia’s 3rd Largest Data Center Hub Malaysia is poised to become Asia’s 3rd largest data centre market, right behind Japan and India. The growth seen thus far could be attributed to the country’s strategic location, favourable government policies plus affordable land and utilities according to a global real estate technology group. About 55% of upcoming new projects are planned for the Kuala Lumpur area, while the other 45% will go into Johor; Malaysia’s tech capital, Cyberjaya already has 13 data centres in operation, mainly catering to the domestic market. Johor which will cater to the multinational corporations is expecting to pull MYR17 billion in new data centre investments this year. Local powerhouse, YTL Power (YTLPOWR) believes that the data centers will stimulate development for the entire region and enhance Malaysia’s AI capabilities. Bullish investors may consider Call Warrant such as YTLPOWR-C59, which recorded a traded volume of 4.2 million units yesterday! #DailyHighlights

Malaysia Plantation Sector Update – June 2024 Our analysts have compiled some key indicators to look out for when investing in the Malaysian Plantation Sector. Here are the latest data points as at June 2024. For the full report, stock ideas and market flows, access Market Insight on Maybank Trade on Apple Store and Google Play. #ResearchHighlights

Bursa Malaysia Midday Recap: Persistent Construction Strength The FBM KLCI briefly went above its May 2024 high of 1,632.79 before profit taking ensued. The mild selling spread to the broader market as well, despite US Fed Chairman Powell’s remarks that suggest a turn to US interest rate cuts may not be far off. Construction stocks remain strong with GAMUDA inching higher. WCT gained on news of their Kwasa Land job win. Some positive interest seems to have emerged in the plantation space today as well, with SDG, KLK and KLUANG posting 0.6%-3% gains. Given today’s mild weakness, prices of the stocks highlighted in our Traders’ Almanac post today is now trading within our suggested buy range. Investors looking for technical trading ideas may want to consider taking a look at EDELTEQ (Stop loss: MYR 0.445; Resistance: MYR 0.555), D&O (Stop loss: MYR 3.54; Resistance: MYR 4.17) or CORAZA (Stop loss: MYR 0.540; Resistance: MYR 0.680). Trade Your Way Forward. Simple, Smart and Seamlessly #Middayrecap

Borak Bersama Maybank S2 Ep10: Beng Kuang Marine After Sam Engineering & Equipment, Maybank IB Research is back at it again with another Opportunity+ stock, this time we're looking at a Singaporean company called Beng Kuang Marine Ltd. Join Head of Small-Mid Cap Research, Jarick Seet in this episode as he breaks down the key highlights of the company. #BorakBersamaMaybank

Maybank IBG Hong Kong - Dim Sum Daily (16 July 2024) 1️⃣ Hong Kong stocks fell yesterday as China’s 2Q24 GDP missed expectations. The Hang Seng Index was down 277pts to 18,015pts with a daily turnover of HKD91.1b. 2️⃣ Market believes the Chinese government needs to mull greater policy supports to deliver its annual growth of around 5%. Our house has upgraded China’s 2024 GDP growth forecast to 5% to reflect stronger-than-expected net exports in 2H24E. We expect Chinese policymakers to stay the course during China’s third plenum. Trade Your Way Forward. Simple, Smart and Seamlessly. #MaybankIBGResearch #MaybankIBGDimSum

Maybank IBG Traders’ Almanac (16 July 2024) - Volatile Session With Upward Bias For the full report, stock ideas, and market flows, access Market Insight on Maybank Trade on Apple Store and Google Play. #MaybankIBGResearch #MaybankIBGTA

Maybank IBG Kopi-O (16 July 2024) The KLCI went close to challenging the May 2024 high of 1,632.79pts yesterday. There is a good chance that the bulls may make another attempt, particularly after Wall Street ended higher overnight. That said, market volatility could be on the rise in the absence of fresh catalysts. Technically, we expect the benchmark index to range between 1,610pts and 1,635pts today, with support levels at 1,575pts and 1,560pts. For more stock ideas and market flows, access Market Insight on Maybank Trade on Apple Store and Google Play now. Trade Your Way Forward. Simple, Smart and Seamlessly. #MaybankIBGRetailResearch #MaybankIBGDailyKopi

Maybank IBG Traders’ Almanac (16 July 2024) - Volatile Session With Upward Bias Technical Trading Ideas💡for today: 1️⃣ EDELTEQ HOLDINGS – 0278 (S) 2️⃣ D&O GREEN TECHNOLOGIES – 7204 (S) 3️⃣ CORAZA INTEGRATED TECHNOLOGY - 0240 (S) 4️⃣ CPO FUTURES (CP: MYR 3,863) 5️⃣ KLCI INDEX FUTURES (CP: 1,634.00) Note: S - Shariah Compliant For the full report, stock ideas, and market flows, access Market Insight on Maybank Trade on Apple Store and Google Play. #MaybankIBGResearch #MaybankIBGTA

BURSA Launches World First Zakat Index Bursa Malaysia (BURSA) and Persatuan Remisier Bumiputera Malaysia (PRIBUMI) have launched the PRIBUMI Bursa Malaysia Zakat Index (PBMZI), the world’s first customised index designed to promote greater recognition of public listed companies (PLCs) that adopt corporate zakat practice. The PBMZI currently has 27 constituents across various sectors and there will be a semi-annual review of the constituents every June and December. By highlighting profitable companies that fulfil their zakat obligations, the PBMZI aims to attract socially conscious investors while fortifying Malaysia’s status as a global Islamic financial hub. Zakat contributions from the 27 constituents totalled MYR233 million last year, up 18.27% from 2022. Investors bullish in BURSA’s direction and are seeking for a leveraged exposure may consider BURSA-C84 which has an effective gearing of 6.5x! #WarrantsWatch