CFD Weekly - 5 Apr 2021

Brought to you by Phillip Futures Sdn Bhd (362533-U) (A member of PhillipCapital) Market Commentary Financial Insights

Malaysia The FBM KLCI closed 2.17 points or 0.17% higher last Friday on bargain hunting, tracking Regional Indices Price 1 wk Chg % Chg 1 wk High 1 wk Low gains seen on regional bourses. FBM KLCI 1585.35 -16.07 -1.00% 1611.28 1573.51 Hang Seng 28938.74 602.31 2.13% 28938.74 28336.43 Global Economy Shanghai Composite 3484.39 66.06 1.93% 3484.39 3418.327 Tokyo stocks extended its rebound substantially on Friday as semiconductor-related DJI 33153.21 80.33 0.24% 33171.37 32981.55 names continued to surge. The 225-issue Nikkei average advanced 465.13 points, or S&P 500 4019.87 45.33 1.14% 4019.87 3958.55 1.58%, to close at 29,854.00. On Thursday, the benchmark index gained 210.07 points. NASDAQ Comp. 13480.11 341.39 2.60% 13480.11 13045.39 STOXX Europe 600 432.22 5.29 1.24% 432.22 426.93 stocks rose on Thursday, led by consumer and healthcare shares, even as investors

appeared to have shrugged off a survey showing weaker-than-expected factory activity Currencies Last Change % Chg growth in the world’s second-largest economy. USDMYR 4.140 -0.0088 -0.21% ’s Hang Seng led gains among the region’s major markets and rose 1.97% at the EURMYR 4.878 0.0155 0.32% end of the trading day on Thursday as multiple companies cited a delay in the publication CNYMYR 0.630 -0.0026 -0.41% of their annual results as a reason behind the halt. TOP 10 CFD Active Counters European stocks kicked off the new quarter with gains on Thursday, as optimism around a Counters CFD Code Close % Chg Vol. new US government spending plan and strong factory activity data out of the euro zone DATASONIC GROUP DSON.MY 0.590 5.4 98,122,400 eclipsed concerns about another lockdown in France. BERHAD BHD SAKP.MY 0.145 -3.3 32,599,000 The S&P 500 surged on Thursday to its first-ever close above the 4,000 mark, lifted by BUMI ARMADA BHD BAB.MY 0.435 1.2 26,450,200 gains in Microsoft, Amazon and Alphabet, as well as optimism about a recovering U.S. AIRASIA GROUP BHD AAGB.MY 1.000 -2.0 23,327,000 economy. INARI AMERTRON BHD INR.MY 3.490 3.3 20,306,900 MMC CORPORATION Gold rises helped by the dollar’s pullback on Thursday, but elevated U.S. bond yields still MMC.MY 1.060 3.9 19,460,800 put the metal on course for its biggest quarterly decline in more than four years. Gold is BERHAD down over 9% for the quarter and is on track for its worst quarterly performance since TOG.MY 4.750 2.4 18,811,800 end-December 2016. CORPORATION BHD SERBA DINAMIK SDH.MY 1.720 0.6 15,677,600 Oil price closed higher on Thursday recouping some of its overnight losses as expectations HOLDINGS BHD that the Organization of the Petroleum Exporting Countries and allies (OPEC+) will V.S INDUSTRY BHD VSI.MY 2.990 3.1 14,027,100 continue to restrain output. EKOVEST BHD EKO.MY 0.490 -2.0 10,675,500

Companies in Focus TOP 5 CFD Market Capitalisation Bermaz Auto Bhd (BAuto) is partnering with Kia Motors Corp to undertake manufacturing Counters CFD Code Market Cap and distributing Kia vehicles in . The two parties are forming a JV company named MALAYAN BANKING BHD MBK.MY 94,165 Kia Malaysia Sdn Bhd to undertake the assembly of complete knock-down Kia vehicles here whereby BAuto will own 33.33% with the remainder to be held by Kia Corp. PUBLIC BANK BHD PBK.MY 82,301 CHEMICAL AMMB Holdings Bhd (Ambank) has proposed a private placement to raise an estimated PCG.MY 64,000 RM810 million. The group said it plans to issue up to 300 million new shares or 9.97% of its GROUP BHD current share capital to raise additional funds to strengthen its core capital ratios, BHD TNB.MY 58,530 including Common Equity Tier 1 and Total Capital Ratio. IHH HEALTHCARE BHD IHH.MY 46,441 IHH Healthcare Bhd’s (IHH) -based Acibadem Healthcare Group is acquiring a 70% stake in Bel Medic Group, a leading private healthcare operator in Serbia. IHH and Entitlements Acibadem said in a joint statement that definitive agreements have been signed for the Payment acquisition, but did not disclose the purchase price. Counters CFD Code Ex-Date Description Date TA ANN HOLDINGS (Genting) is among a few strategic investors involved in the recent round of TAH 6-Apr-21 12-Apr-21 Second Interim Dividend funding for financial technology company, Sightline Payments. Sightline Payments, on its BERHAD website, announced today US$100 million in strategic growth investment. MEGA FIRST MFC 7-Apr-21 19-Apr-21 Final Dividend CORPORATION BERHAD Top Glove Corporation Bhd (Topglov) said following the recent findings against the group by the US Customs and Border Protection (CBP), no new additional issue on forced labour ASTRO MALAYSIA ATM 8-Apr-21 23-Apr-21 Fourth Interim Dividend has been discovered. HOLDINGS BERHAD

Important Dates Date Time Event 5-Apr-21 10.00PM ISM Non Manufacturing PMI 6-Apr-21 8.00PM EIA Short Term Energy Outlook 8-Apr-21 8.30PM U.S. Initial Jobless Claims 9-Apr-21 8.30PM U.S. Producer Price Index (PPI) MoM Source: investing.com

Removal / Suspension of CFD Counters Counters Announcement ECO WORLD INTERNATIONAL Average 3 months market cap below RM1B PETRON MALAYSIA REFINING & MARKETING Average 3 months market cap below RM1B GD EXPRESS CARRIER Suspension due to corporate action FGV HOLDINGS Suspension due to corporate action

1Phillip Futures Sdn Bhd Trading Ideas D&O Green Technologies Berhad (D&O.MY)

Source: Tradingview Technical Outlook D&O shows increasing trading volume on Thusday and Friday to hit its immediate resistance on Friday. It also fullfill the criteria of volatility contraction pattern whereby the volatility reduced from 29.24% to 8.65% with decreasing volume showing that the supply are well absorbed by the buyers. Resistance is currently at RM4.6 with support at RM4. We reckon that any retracement close to its support level (RM4) or EMA 20 days moving average may be a good opportunity to buy.

SKP Resources Bhd (SKPRES.MY)

Source: Tradingview Technical Outlook EMS player has been a strong sector among the technology index whereby the correction is not as deep as the rest of technology stocks. SKPRES shows increasing trading volume on Thursday and Friday indicating smart money reposition back into the stocks. Immediate resistance is currently at RM2.50 with support at RM2.20. We reckon that any retracement close to its support level (RM2.2) or EMA 20 days moving average may be a good opportunity to buy.

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2Phillip Futures Sdn Bhd