Dow Jones: 26,258.42 pts (+329.74pts, +1.27%)
Wall Street started off the month on an upbeat manner as the Dow surged 1.3%, boosted by the solid ISM manufacturing data that rose to 55.3 in March 2019. The immediate resistance is located at 27,000.

FBM KLCI: 1,628.66 pts (-14.97pts, -0.91%)
The FBM KLCI (-0.9%) sank to close at its lowest level since December 2016, dragged down by escalating selling activities in banking heavyweights yesterday. The immediate resistance is located at 1,650.

Crude Palm Oil: RM2,113 (+RM7, +0.33%)
Crude palm oil prices rebounded but gains were capped by the appreciation of Ringgit against the Greenback. The immediate resistance is located around RM2,200.

WTI Crude Oil: $61.59 (+$1.45, +2.42%)
Crude oil prices extended its gains as Saudi Arabia deepens its production cut. The immediate resistance is located at US$64.

Gold: $1,287.72 (-$4.66, -0.36%)
Gold prices retreated, dragged down by the upbeat China and U.S. economic data. The immediate resistance is located around $1,300.

Economic Releases:
EU - Eurozone's Producer Price Index, 5.00PM
EU - Eurozone's Unemployment Rate, 5.00PM

Technical Trading Stocks - 2 Apr 19 
Stock Name: IWCITY (1589)
Entry: Buy above RM0.71
Target: RM0.785 (10.6%), RM0.815 (14.8%)
Stop: RM0.67 (-5.6%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: CMSB (2852)
Entry: Buy above RM3.45
Target: RM3.72 (7.8%), RM3.87 (12.2%)
Stop: RM3.23 (-6.4%)
Shariah: Yes
Technical: Consolidation breakout

Source: Bloomberg, M+ Online

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