Dow Jones: 26,341.02 pts (-83.97pts, -0.32%)
U.S. stockmarkets closed mixed as the Dow fell 0.3%, dragged down by profit taking activities, but the S&P 500 (+0.1%) recorded its eighth consecutive winning streak. The immediate resistance is located at 27,000.

FBM KLCI: 1,644.35 pts (+2.54pts, +0.15%)
The FBM KLCI (+0.2%) rebounded, led by gains in selected telco heavyweights that offset the weakness in selected banking heavyweights yesterday. The immediate resistance is located at 1,650.

Crude Palm Oil: RM2,200 (-RM24, -1.08%)
Crude palm oil prices halted a five-day winning streak, taking cue from the weakness in soybean oil prices. The immediate resistance is located around RM2,250.

WTI Crude Oil: $64.40 (+$1.32, +2.09%)
Crude oil prices advanced to five-months high, boosted by the escalating tension in Libya that disrupts production. The immediate resistance is located at US$67.

Gold: $1,297.48 (+$5.72, +0.44%)
Gold prices recovered all its previous session losses, lifted by the weaker Greenback against a basket of currencies. The immediate resistance is located around $1,300.

Technical Trading Stocks - 9 Apr 19 
Stock Name: HSSEB (0185)
Entry: Buy above RM1.24
Target: RM1.38 (11.3%), RM1.47 (18.5%)
Stop: RM1.17 (-5.6%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: SIMEPROP (5288)
Entry: Buy above RM1.14
Target: RM1.21 (6.1%), RM1.29 (13.2%)
Stop: RM1.07 (-6.1%)
Shariah: Yes
Technical: Monitor for 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.