Dow Jones: 25,717.46 pts (+91.87pts, +0.36%)
U.S. stockmarkets advanced after enduring a volatile trading session as the Dow gained 0.4%, boosted by the resumption of trade negotiation between U.S. and China that offset the cut in the final reading of 4Q2018 GDP growth to 2.2% Y.o.Y (from 2.6% Y.o.Y). The immediate resistance is located at 26,000.

FBM KLCI: 1,641.33 pts (-1.40pts, -0.09%)
The FBM KLCI (-0.1%) extended its losses yesterday, dragged down by the downbeat Producer Price Index data that fell 1.6% Y.o.Y in February 2019. The immediate resistance is located at 1,660.

Crude Palm Oil: RM2,120 (-RM16, -0.75%)
Crude palm oil prices retreated, in tandem with the weakness across other oil-related commodities. The immediate resistance is located around RM2,200.

WTI Crude Oil: $59.30 (-$0.11, -0.19%)
Crude oil prices extended its losses on U.S. President Donald Trump remarks on OPEC to raise their production in view of the high crude oil prices. The immediate resistance is located at US$64.

Gold: $1,290.42 (-$19.13, -1.46%)
Gold prices trended lower for the third straight session to close below the US$1,300 psychological level after the U.S. Dollar rallied. The immediate resistance is located around $1,350.

Economic Releases:
JP - Japan's Unemployment Rate, 7.30AM
JP - Japan's Retail Sales, 7.50AM
UK - United Kingdom's 4Q2018 GDP Growth Rate, 5.30PM

Technical Trading Stocks - 29 Mar 19 
Stock Name: CRESBLD (8591)
Entry: Buy above RM1.13
Target: RM1.21 (7.1%), RM1.28 (13.3%)
Stop: RM1.07 (-5.3%)
Shariah: Yes
Technical: Bullish harami candle

Stock Name: PESONA (8311)
Entry: Buy above RM0.24
Target: RM0.265 (10.4%), RM0.28 (16.7%)
Stop: RM0.22 (-8.3%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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