Dow Jones: 26,559.54 pts (+110.00pts, +0.42%)
U.S. stockmarkets were closed in conjunction of the Good Friday extended weekend break on last Friday. The immediate resistance is located at 27,000.
FBM KLCI: 1,622.07 pts (+2.34pts, +0.14%)
Bargain hunting activities in selected index heavyweights lift the FBM KLCI (+0.1%) slightly higher last Friday on the back of the revival of Bandar Malaysia project. The immediate support is located at 1,610.
Crude Palm Oil: RM2,190 (+RM7, +0.32%)
Crude palm oil prices managed to hold on to its gains after coming off from its intraday high amid demand optimism. The immediate resistance is located around RM2,300.
WTI Crude Oil: $64.00 (+$0.24, +0.38%)
Crude oil prices edged higher amid supply constraints arising from the sanctions against Iran and Russia. The immediate resistance is located at US$67.
Gold: $1,275.52 (-$0.30, -0.02%)
Gold prices closed on a flattish note as gains were capped by the appreciation of U.S. Dollar against a basket of currencies. The immediate resistance is located around $1,300.
Technical Trading Stocks - 22 Apr 19
Stock Name: HEVEA (5095)
Entry: Buy above RM0.69
Target: RM0.75 (8.7%), RM0.785 (13.8%)
Stop: RM0.655 (-5.1%)
Shariah: Yes
Technical: Breakout-pullback-continuation
Stock Name: KKB (9466)
Entry: Buy above RM1.25
Target: RM1.33 (6.4%), RM1.46 (16.8%)
Stop: RM1.17 (-6.4%)
Shariah: Yes
Technical: Trendline breakout
Source: Bloomberg, M+ Online
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