Broker Name: UOB Kay Hian
Date of Report: Friday, 13 March 2026
Excerpt from UOB Kay Hian report.
- FTSE Bursa Malaysia KLCI (FBMKLCI): The index remains in a bullish uptrend, forming higher highs and higher lows, and is likely to test the previous high of 1,770. Strategy is to buy on breakouts with volume confirmation.
- Jakarta Stock Exchange Composite Index (JCI): The trend has turned bearish, impacted by geopolitical tensions, but further downside is limited due to a light rebound and an upcoming holiday that may reduce volatility. Focus on short-term or commodity-related trades.
- Stock Exchange of Thailand Index (SET): The SET is consolidating between 1,340-1,530 points. Strategy is to buy on weakness and accumulate positions above key support levels, with upside targets at 1,468 and 1,530.
- FTSE Straits Times Index (STI): Chart outlook is bullish, trading well above support levels. Investors can accumulate near 4,000 for risk control, with resistance at 5,040.
- General Note: The report is for informational purposes only and does not constitute personal investment advice. Readers should consult a qualified financial adviser before making investment decisions.
Report Summary:
- Regional equity indices show varied technical outlooks, with Malaysia and Singapore in bullish trends, Thailand in consolidation, and Indonesia facing bearish pressures but limited downside.
- Strategies suggested include buying on strength or weakness depending on the index, and focusing on short-term trades where volatility is expected.
Above is an excerpt from a report by UOB Kay Hian. Clients of UOB Kay Hian can be the first to access the full report from the UOB Kay Hian website: https://research.uobkayhian.com/
