CFD Weekly - 23 Aug 2021

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

Malaysia Top 10 Active Msia CFD Counters The FBM KLCI bucked regional trend and ended marginally higher on Friday, despite Counters CFD Code Close % Chg Vol. Malaysia posting another day of record high Covid-19 cases, as domestic political MY E.G. SERVICES BHD MYEG.MY 1.740 -4.0 36,708,000 uncertainties were tempered by the anticipated appointment of a new prime minister. The SERBA DINAMIK HOLDINGS BHD SDH.MY 0.410 -2.0 36,402,600 benchmark index closed at 1,518.03. DATASONIC GROUP BERHAD DSON.MY 0.490 1.0 12,822,700 PUBLIC BANK BHD PBK.MY 3.920 0.0 11,463,100 Global Economy China's tech stocks slumped to new lows on Friday as an unrelenting series of Chinese CIMB GROUP HOLDINGS BHD CIMB.MY 4.640 1.0 8,666,100 regulatory crackdowns crushed investors' confidence. MALAYSIAN RESOURCES CORP MRC.MY 0.390 - 7,570,900 BUMI ARMADA BHD BAB.MY 0.400 - 5,787,000 Hong Kong’s benchmark stock index entered a technical bear market, amid a deepening GENTING MALAYSIA BHD GTMS.MY 2.780 1.0 5,653,200 rout triggered by investor concerns over China’s regulatory crackdown across a swathe of SUPERMAX CORPORATION BHD SUM.MY 3.090 0.0 5,374,500 industries. The Hang Seng Index fell 1.8% on Friday, taking losses from its recent Feb. 17 SIME DARBY PLANTATION BHD SDPT.MY 3.920 3.0 5,060,800 peak to more than 20%. Top 5 Msia CFD Counters' Market Capitalisation European stocks closed higher Friday, but sharply lower for the week, as traders monitored Counters CFD Code Market Cap issues such as global monetary policy, the delta covid variant and China’s tech crackdown. MALAYAN BANKING BHD MBK.MY 94,950 U.S. stock indexes closed higher Friday, but still ended with losses for the week on fears PUBLIC BANK BHD PBK.MY 76,090 over the spread of the coronavirus delta variant, the imminent tapering of Federal Reserve PETRONAS CHEMICAL GROUP BHD PCG.MY 63,520 bond buying, and China’s restrictions on its economy. TENAGA NASIONAL BHD TNB.MY 56,402 IHH HEALTHCARE BHD IHH.MY 50,392 Gold edged higher on Friday, helped by worries over a spike in COVID-19 cases that could muddy the global economic outlook, but gains were capped as it had to compete with the Entitlements dollar to attract investors seeking safe-haven assets. Payment Counters CFD Code Ex-Date Description Oil prices closed out their biggest week of losses in more than nine months with another Date down day on Friday, as investors sold futures in anticipation of weakened fuel demand DIGI.COM BHD DIG.MY 25-Aug-21 24-Sep-21 3.6sen Interim Dividend worldwide due to a surge in COVID-19 cases. MR D.I.Y. GROUP (M) BHD MRDIY.MY 26-Aug-21 27-Aug-21 0.6sen Interim Dividend MISC BERHAD MIS.MY 27-Aug-21 14-Sep-21 7.0sen Interim Dividend Companies in Focus Johnson & Johnson JNJ 23-Aug-21 07-Sep-21 $1.06 Cash Dividend Utility giant Tenaga Nasional Bhd (TNB.MY) has inked Large Scale Solar (LSS) photovoltaic Prudential financial PRU 23-Aug-21 16-Sep-21 $1.15 Cash Dividend power purchase agreements (PPAs) with nine special purpose companies (SPCs) Yum China Holding YUMC 24-Aug-21 16-Sep-21 $0.12 Cash Dividend incorporated by the successful bidders in the competitive bidding exercise for the LSS Huntington Ingalls HII 26-Aug-21 10-Sep-21 $1.14 Cash Dividend Phase 4 project (LSS4). Nextera Energy Inc NEE 26-Aug-21 15-Sep-21 $0.385 Cash Dividend Nike Inc CL B NKE 27-Aug-21 01-Oct-21 $0.275 Cash Dividend Sime Darby Plantation Bhd (SDPT.MY S)'s net profit for the second quarter ended June 30, 2021, jumped 63.2% to RM617 million from RM378 million a year ago, on the back of its Note: 30% US withholding tax applies for US CFD dividends revenue growing 37.2% to RM4.41 billion from RM3.22 billion in the previous corresponding quarter. The higher earnings were attributed to the sharp rise in crude palm Important Dates oil prices, and palm kernel prices, on top of the increase in fresh fruit bunch production. Date Time Event 23-Aug-21 21.45 US Manufacturing PMI Genting Malaysia Bhd (GTMS.MY)’s 49%-owned associate Genting Empire Resorts LLC has 26-Aug-21 20.30 US GDP (QoQ) (Q2) formed a rare consortium with rival casino operators to bid for a mobile sports betting 26-Aug-21 20.30 US Initial Jobless Claim licence in the US state of New York, according to updates on the New York State Gaming 27-Aug-21 20.30 US PCE Price Index Commission’s website. Source: investing.com Nvidia (NVDA )’s $40 billion Arm takeover warrants an in-depth competition probe, UK regulator says. The regulator is worried Nvidia could hamper competition by restricting Removal / Suspension of CFD Counters access to Arm’s intellectual property. Counters Announcements GD EXPRESS CARRIER BHD Suspended due to public shareholding spread Facebook (FB)’s takeover of Giphy raises serious competition concerns, UK regulator says. FGV HOLDINGS BHD Suspended due to public shareholding spread Britain’s Competition and Markets Authority provisionally found Facebook’s purchase of Giphy will harm competition between social media platforms and remove a potential challenger in the display advertising market.

1Phillip Futures Sdn Bhd Trading Ideas TSH Resources Bhd (TSH.MY)

Source: Tradingview With recent strength on CPO prices and strong earnings announced by plantation companies, TSH might be benefited from the pla ntation theme. Technically, TSH currently has a higher low setup couple with 20 days moving average ready to cross over its 50 days moving average singalling a bullish signal. TSH has been moving in sideway for over a year since Aug 2020. With increasing volume in May and July 2021, we believe that there are some accmmulation activity in TSH over the past few months. TSH currently has a low risk high reward setup. Trader can enter TSH at RM1.04, with stop loss below RM1. Profit taking can be set at RM1.14. Risk to reward ratio is 1 to 2.

Walt Disney Company (DIS)

Source: Tradingview Walt Disney has been moving in tight consolidation for the past 4 months. Disney announced a favourable earnings last week wi th share prices moving lower after gapping up due to the announcement. Tight consolidation will likely lead to explosive move after a real breakout. As Disney share price is currently sitting close to its support of $172, trader can opt to enter Disney at $172 with cut loss below $168. Profit taking can be set at resistance of $182 - $184 level. Risk to reward ratio is 1 to 2.

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2Phillip Futures Sdn Bhd