Dow Jones: 26,150.58 pts (-190.44pts, -0.72%)
U.S. stockmarkets ended lower as the Dow fell 0.7% amid fresh concern over global economic growth, coupled with the impending fresh tariffs on European Union goods. The immediate resistance is located at 27,000.

FBM KLCI: 1,641.94 pts (-2.41pts, -0.15%)
The FBM KLCI (-0.2%) retreated to remain in the consolidation band amid the lack of fresh catalyst yesterday. The immediate resistance is located at 1,650.

Crude Palm Oil: RM2,212 (+RM12, +0.55%)
Crude palm oil prices rebounded on expectations over a decline in March 2019 inventory level amid the solid demand. The immediate resistance is located around RM2,250.

WTI Crude Oil: $63.98 (-$0.40, -0.62%)
Crude oil prices retreated after Russia hinted that the country is comfotable at current oil price levels with no plans to extend its production cut beyond June 2019. The immediate resistance is located at US$67.

Gold: $1,304.10 (+$6.70, +0.52%)
Gold prices advanced as concern over global economic growth re-surfaced. The immediate resistance is located around $1,350.

Economic Releases:
JP - Japan's Producer Price Index, 7.50AM
UK - United Kingdom's Industrial Production, 4.30PM
UK - United Kingdom's Manufacturing Production, 4.30PM
EU - Eurozone's European Central Bank Interest Rate Decision, 7.45PM
US - United States' Inflation Rate, 8.30PM

Technical Trading Stocks - 10 Apr 19 
Stock Name: KUB (6874)
Entry: Buy above RM0.415
Target: RM0.455 (9.6%), RM0.485 (16.9%)
Stop: RM0.385 (-7.2%)
Shariah: Yes
Technical: Resistance breakout

Stock Name: HUME (5000)
Entry: Buy above RM0.725
Target: RM0.80 (10.3%), RM0.85 (17.2%)
Stop: RM0.685 (-5.5%)
Shariah: No
Technical: Monitor for trendline 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.