Dow Jones: 25,962.51 pts (+216.84pts, +0.84%)
U.S. stockmarkets cheered on the dovish U.S. Federal Reserve tone on future rate hikes as the Dow (+0.8%) formed a bullish candle overnight. The immediate resistance is located at 26,000.

FBM KLCI: 1,663.66 pts (-20.55pts, -1.22%)
The FBM KLCI (-1.2%) took a beating as the key index was the worst performer across the Asia Pacific region yesterday. The immediate resistance is located at 1,680.

Crude Palm Oil: RM2,172 (+RM8, +0.37%)
Crude palm oil prices advanced for the third straight session on expectation over lower Indonesia inventory level. The immediate resistance is located around RM2,200.

WTI Crude Oil: $59.98 (+$0.15, +0.25%)
Crude oil prices extended its gains, supported by the tighter supply from OPEC members, coupled with the U.S. sanctions on key producers Iran and Venezuela. The immediate resistance is located at US$64.

Gold: $1,309.36 (-$3.17, -0.24%)
Gold prices retreated after European lawmakers looks to extend the Brexit deadline to 22nd May 2019. The immediate resistance is located around $1,350.

Economic Releases:
JP - Japan's Inflation Rate, 7.30AM
US - United States' Existing Home Sales, 10.00PM

Technical Trading Stocks - 22 Mar 19 
Stock Name: MALAKOF (5264)
Entry: Buy above RM0.935
Target: RM0.99 (5.9%), RM1.04 (11.2%)
Stop: RM0.885 (-5.3%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: HIBISCS (5199)
Entry: Buy above RM1.05
Target: RM1.11 (5.7%), RM1.19 (13.3%)
Stop: RM1.00 (-4.8%)
Shariah: Yes
Technical: Flag-formation breakout

Source: Bloomberg, M+ Online

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