Dow Jones: 26,424.99 pts (+40.36pts, +0.15%)
U.S. stockmarkets extended their gains as the Dow rose 0.2%, lifted by the solid jobs data, coupled with the optimism over the U.S.-China trade negotiations. The immediate resistance is located at 27,000.

FBM KLCI: 1,641.81 pts (-3.26pts, -0.20%)
The FBM KLCI (-0.2%) snapped a three-day winning streak as mild profit taking activities took precedence. Consequently, the key index erased all its weekly gains to close 0.1% W.o.W lower. The immediate resistance is located at 1,650.

Crude Palm Oil: RM2,224 (+RM20, +0.91%)
Crude palm oil prices advanced for the fifth straight session on expectation that both Malaysia and Indonesia will see inventory level shrinking. The immediate resistance is located around RM2,250.

WTI Crude Oil: $63.08 (+$0.98, +1.59%)
Crude oil prices rebounded as geopolitical uncertainty in Libya raised further supply concern. The immediate resistance is located at US$64.

Gold: $1,291.76 (-$0.45, -0.03%)
Gold prices staged a mild pullback after the Greenback appreciated against a basket of currencies. The immediate resistance is located around $1,300.

Technical Trading Stocks - 8 Apr 19 
Stock Name: RANHILL (5272)
Entry: Buy above RM1.37
Target: RM1.45 (5.8%), RM1.52 (10.9%)
Stop: RM1.29 (-5.8%)
Shariah: Yes
Technical: Monitor for trendline breakout

Stock Name: FITTERS (9318)
Entry: Buy above RM0.495
Target: RM0.535 (8.1%), RM0.56 (13.1%)
Stop: RM0.475 (-4.0%)
Shariah: Yes
Technical: Consolidation breakout

Source: Bloomberg, M+ Online

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