CFD Weekly - 21 June 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 Bursa closed higher on Friday, underpinned by gains in semi-conductor-related Counters CFD Code Close % Chg Vol. companies while late buying of and plantations boosted the FBMKLCI. SERBA DINAMIK SDH.MY 0.625 -0.8 152,720,900 MRHOLDINGS D.I.Y. GROUP BHD (M) MRDIY.MY 3.900 0.0 92,936,500 Global Economy SAPURABERHAD ENERGY BHD SAKP.MY 0.140 3.7 38,866,700 Japanese stocks closed lower, with the Topix index dragged lower by financial stocks and BUMI ARMADA BHD BAB.MY 0.470 -2.1 36,813,000 Toyota Motor's 7203.T retreat from a record high. PUBLIC BANK BHD PBK.MY 4.200 0.2 35,111,800 stocks ended higher on Friday on the back of gains in tech and healthcare firms, TOG.MY 4.700 1.5 34,226,800 CORPORATION BHD but posted weekly losses after the U.S. Federal Reserve this week projected higher interest SUPERMAX SUM.MY 3.750 3.3 25,231,400 rates in 2023. CIMBCORPORATION GROUP HOLDINGS BHD CIMB.MY 4.600 -0.6 24,884,200 Meanwhile stocks ended flat on Friday, while posting their third straight weekly drop BHD on worries over lofty valuations and Sino-West tensions. DIGI.COM BHD DIG.MY 4.180 -3.0 18,017,300 V.S INDUSTRY BHD VSI.MY 1.440 0.7 17,502,500 A slide in European bank and energy stocks was exacerbated by hawkish comments from a Federal Reserve official, which also saw the STOXX 600 index snap a four-week winning Top 5 Msia CFD Counters' Market Capitalisation streak as fears of U.S. policy tightening came to the fore. Counters CFD Code Market Cap MALAYAN BANKING BHD MBK.MY 93,595 In the US, all three main Wall Street indexes also finished sharply lower on Friday, after PBK.MY 81,525 investors were spooked by hawkish interest rate comments by Federal Reserve official PUBLIC BANK BHD CHEMICAL James Bullard. PCG.MY 64,000 GROUP BHD Furthermore, gold struggled for traction in choppy trading on Friday en route to its worst TENAGA NASIONAL BHD TNB.MY 59,780 week in over a year as the dollar extended its rally on the back of the U.S. Federal Reserve's IHH HEALTHCARE BHD IHH.MY 51,445 hawkish outlook. Entitlements In contrasts, oil futures rose on Friday, reversing early losses and set for a fourth week of Payment Counters CFD Code Ex-Date Description gains after OPEC sources said the producer group expected limited U.S. oil output growth Date this year despite rising prices. MATRIX CONCEPTS MCH.MY 23-Jun-21 8-Jul-21 Fourth Interim Dividend 4 sen Companies in Focus TOP GLOVE 23-Jun-21 7-Jul-21 Third Interim Dividend 18 sen My EG Services Bhd (MYEG.MY) has, through its joint venture company I-Pay MYEG CORPORATION TOG.MY Philippines Inc (MyEG Philippines), entered into a strategic partnership with two parties to BROADCOM AVGO 21-Jun-21 30-Jun-21 Cash Dividend (Gross) USD3.60 provide Covid-19 vaccination in the Philippines. The strategic partners are SinoPhil Biotech RESTAURANT BRANDS QSR 22-Jun-21 7-Jul-21 Cash Dividend (Gross) USD0.53 Inc (SPB) and Family Vaccine and Specialty Clinics Inc’s (FVSC) Health Direct Now. FEDEX CORP FDX 25-Jun-21 12-Jul-21 Cash Dividend (Gross) USD0.75 Note: 30% US withholding tax applies for US CFD dividends Bermaz Auto Bhd (BJYA.MY) net profit more than doubled quarter-on-quarter to RM66.83 million in the fourth quarter ended April 30, 2021 (4QFY21) from RM33.08 million in Important Dates 3QFY21 on higher profits from domestic sales, offset by weaker performance in the Date Time Event Philippines. Quarterly earnings per share ballooned to 5.75 sen, from 2.85 sen. The group 21-Jun-21 9.30AM China PBoC Loan Prime Rate has declared a dividend of 1.5 sen plus a special dividend of 1.75 sen, bringing the full-year 24-Jun-21 8.30AM US GDP (QoQ) (Q1) total to 6.5 sen, from 7.45 sen in FY20. Source: investing.com Bristol-Myers (BMY) and Eisai Co said on Thursday they had entered into an agreement worth up to $3.10 billion to jointly develop and market an experimental cancer drug. They Removal / Suspension of CFD Counters would jointly develop and market the drug, MORAb-202, in , Europe, the United States Counters Announcement and Canada. GD EXPRESS CARRIER BHD Suspended due to public shareholding spread FGV HOLDINGS BHD Suspended due to public shareholding spread The National Highway Traffic Safety Administration (NHTSA) said on Thursday they have opened 30 investigations into Tesla (TSLA) crashes involving 10 deaths since 2016 where advanced driver assistance systems were suspected of use. Of the 30 Tesla crashes, NHTSA has ruled out Tesla's Autopilot in three and published reports on two of the crashes.

The U.S. House Judiciary Committee will vote on Wednesday on a package of six antitrust bills, including several targeting the market power of Big Tech, the panel said on Thursday. Two of the bills address the issue of giant companies, such as Amazon.com (AMZN) and Alphabet's Google (GOOG), creating a platform for other businesses and then competing against those same businesses. These bills - one of which would force companies to sell businesses - have attracted the most opposition as it could end popular promotions like Amazon Prime free shipping and iMessage in iPhones.

Ferrari and Amazon.com's (AMZN) Amazon Web Services (AWS) have entered an agreement to make Amazon's cloud computing unit the luxury carmaker's cloud storage, machine learning, and artificial intelligence provider, AWS said. The deal will help Ferrari streamline design and testing of its cars, and allow its Scuderia Ferrari Formula One racing team to launch a digital fan engagement platform, AWS said in a statement.

1Phillip Futures Sdn Bhd Trading Ideas Bermaz Auto Bhd (BJYA.MY)

Source: CFDTrader Bermaz Auto CFD rallied and closed at RM1.48 on Friday. Its latest price action shows a bull flag (green parallel lines) and hence signalling the possibility of a trend continuation towards the upside. Potential resistance are located at RM1.55 and RM1.59. In addition, its SMA 5 and SMA 20 still showing a golden cross, further supporting this upside possibility. Likewise on Berma z Auto CFD, which currently indicating bullish momentum. However a daily close below the RM1.42 line, which is also the SMA 20 line, could put an end to this upside possibility.

Tesla Motors Inc (TSLA)

Source: CFDTrader Tesla CFD traded higher on Friday. It is currently trading above the USD600 support zone, which foreshadowing the possibility of a rally. Besides that, its SMA 5 and SMA 20 still showing a golden cross. Tesla CFD's MACD, since early June 2021, still showing a bullish crossover, further suggesting potential upside momentum. Meanwhile, RSI shows a read ing of 44.65, indicating Tesla CFD is neither overbought nor oversold. Hence Tesla CFD could retest the USD700 resistance with second resistance at USD800. However if the bears taken control and forced a daily close below USD 600, then Tesla CFD could be exposed to USD550 or even the USD460 support zones.

“Risk Disclaimer: This advertisement is for general information only and does not constitute a recommendation, offer or solicitation to buy or sell any investment product. It does not have regard to your specific investment objectives, financial situation or particular needs. Investment are subject to investment risks. The risks of loss in futures and CFD trading can be substantial and you could loss in excess of your initial funds. You must acknowledge that you will not be entitled to deliver or, or to be required to deliver, the underlying financing instrument nor ownership thereof or any other interest therein in CFD trading. You may wish to seek advice from a registered representative, pursuant to a separate engagement, and to read the governing Terms and Conditions and the Risk Disclosure Statement carefully before making a decision whether or not to invest in such products. The Securities Commission Malaysia has not reviewed this marketing / promoting material and takes no responsibilities for the contents of this marketing/promotional material and expressly disclaims all liability, however arising from this marketing/promotional material.”

2Phillip Futures Sdn Bhd