Broker: CGS International
Date of Report: March 30, 2026

Excerpt from CGS International report.

Report Summary

• Hang Seng Index: Near-term weakness; long-term bullish channel intact. Target price: 28,500. Action: Maintain long-term bullish; await confirmation above 26,500 for upside recovery.
• CSI 300 Index: Short-term bearish correction, mid-term bullish return. Target price: 5,000 (2-6 months). Action: Maintain bullish outlook if 4,350 support holds.
• SET Index (Thailand): Short-term correction possible; long-term bullish. Target price: 1,636. Action: Maintain bullish stance despite near-term weakness.
• Jakarta Composite Index: 3-wave correction completed; bullish long-term outlook. Target price: 10,000. Action: Rebound likely if 7,000 or 6,880 support holds.
• Nikkei 225 Index: Larger correction ongoing; long-term bullish trend. Target price: 60,000. Action: Maintain bullish outlook; correction may test 48,680 before resuming uptrend.
• Dow Jones Industrial Average: Weak near-term rebound; bullish long-term trend. Target price: 51,000. Action: Maintain bullish stance if support at 44,697 holds.
• Nasdaq 100 Index: Broken range; bearish near-term, bullish long-term. Target price: Not specified, downside to 21,899 possible. Action: Await corrective bounce near 23,000; maintain long-term bullish outlook.

Key Actionable Insights:

• Focus on indices with bullish long-term targets: Hang Seng (28,500), CSI 300 (5,000), SET (1,636), Jakarta Composite (10,000), Nikkei 225 (60,000), Dow Jones (51,000).
• Near-term corrections expected; confirmation levels and support zones should be monitored before aggressive positioning.
• Maintain defensive and selective positioning; await breadth improvement for more bullish exposure.

above is an excerpt from a report by CGS International. Clients of CGS International can be the first to access the full report from the CGS International website : https://www.cgs-cimb.com/