Dow Jones: 25,502.32 pts (-460.19pts, -1.77%)
U.S. stockmarkets took a beating last Friday as the Dow sank 1.8% after the spread between the 3-month Treasury bill and the 10-year note inverted for the first time since 2007 - triggering recession worries. The immediate resistance is located at 26,000.

FBM KLCI: 1,666.66 pts (+3.00pts, +0.18%)
The FBM KLCI (+0.2%) recovered all its intraday losses to snap a three-day losing streak, lifted by the eleventh hour buying support in telco heavyweights on last Friday. The immediate resistance is located at 1,680.

Crude Palm Oil: RM2,167 (-RM5, -0.23%)
Crude palm oil prices halted a five-day winning streak as the Ringgit appreciated against the Greenback. The immediate resistance is located around RM2,200.

WTI Crude Oil: $59.04 (-$0.94, -1.56%)
Crude oil prices retreated on concern over global energy demand amid the sluggish global economic data. The immediate resistance is located at US$64.

Gold: $1,313.68 (+$4.32, +0.33%)
Gold prices advanced to close at three-weeks high as renewed fear over global growth spurred demand for safe haven assets. The immediate resistance is located around $1,350.

Technical Trading Stocks - 25 Mar 19 
Stock Name: INARI (0166)
Entry: Buy above RM1.63
Target: RM1.78 (9.2%), RM1.90 (16.6%)
Stop: RM1.50 (-8.0%)
Shariah: Yes
Technical: Monitor for trendline breakout

Stock Name: SUNREIT (5176)
Entry: Buy above RM1.80
Target: RM1.90 (5.6%), RM1.95 (8.3%)
Stop: RM1.74 (-3.3%)
Shariah: No
Technical: Consolidation breakout

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.