Dow Jones: 26,218.13 pts (+39.00pts, +0.15%)
U.S. stockmarkets rebounded as the Dow gained 0.2% overnight, spurred by optimism over U.S.-China trade negotiations. The immediate resistance is located at 27,000.

FBM KLCI: 1,643.21 pts (+10.38pts, +0.64%)
The FBM KLCI (+0.6%) extended its gains yesterday, taking cue from the positive developments on Wall Street overnight, coupled with the surge in commodity prices (crude palm oil and crude oil). The immediate resistance is located at 1,650.

Crude Palm Oil: RM2,175 (+RM22, +1.02%)
Crude palm oil prices trended higher for the third consecutive session, boosted by strong demand ahead of the Ramadhan festive season. The immediate resistance is located around RM2,200.

WTI Crude Oil: $62.46 (-$0.12, -0.19%)
Crude oil prices halted a three-day winning streak, dragged down by the unexpected build-up in U.S. inventory level last week. The immediate resistance is located at US$64.

Gold: $1,289.93 (-$2.53, -0.20%)
Gold prices retreated as demand for safe haven assets dwindled. The immediate resistance is located around $1,300.

Technical Trading Stocks - 4 Apr 19 
Stock Name: REVENUE (0200)
Entry: Buy above RM1.28
Target: RM1.38 (7.8%), RM1.44 (12.5%)
Stop: RM1.20 (-6.3%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: DRBHCOM (1619)
Entry: Buy above RM1.92
Target: RM2.00 (4.2%), RM2.10 (9.4%)
Stop: RM1.88 (-2.1%)
Shariah: Yes
Technical: Consolidation breakout

Source: Bloomberg, M+ Online

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