Dow Jones: 24,388.95 pts (-558.72pts, -2.24%)
U.S. stockmarkets tumbled last Friday as the Dow slipped 2.2% after the weaker-than-expected jobs data sparked concern over global economic growth. The immediate resistance is located at 26,000.

FBM KLCI: 1,680.54 pts (-2.80pts, -0.17%)
The FBM KLCI (-0.2%) continues to trend lower, dragged down by weakness in selected index heavyweights on last Friday. The immediate resistance is located at 1,700.

Crude Palm Oil: RM1,998 (-RM7, -0.35%)
Crude palm oil prices retreated, taking cue from the weakness in soybean oil prices. The immediate support is located around RM1950.

WTI Crude Oil: $52.61 (-$1.40, -2.70%)
Crude oil prices staged a quick recovery after OPEC and its allies agreed to cut production by 1.2 mln barrels per day for the first six months of 2019. The immediate resistance is located at US$55.

Gold: $1,249.31 (+$0.49, +0.04%)
Gold prices extended its gains, propped up by the increase demand for safe haven assets. The immediate resistance is located around $1,250.

Potential Momentum Stocks - 10 Dec 18 
Stock Name: KPJ (5878)
Entry: Buy above RM1.08
Target: RM1.17 (8.3%), RM1.20 (11.1%)
Stop: RM1.02 (-5.6%)
Shariah: Yes
Technical: Channel breakout

Stock Name: MAGNUM (3859)
Entry: Buy above RM2.00
Target: RM2.17 (8.5%), RM2.25 (12.5%)
Stop: RM1.91 (-4.5%)
Shariah: No
Technical: Monitor for trendline breakout

In regards to the discontinuation of daily trade statistics, please visit Bursa Marketplace's official Facebook page at https://www.facebook.com/BursaMarketplace/ to obtain the aforementioned data between 8.30AM-9.00AM

Source: Bloomberg, M+ Online

Disclaimer

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.