Dow Jones: 26,504.95 pts (+197.16pts, +0.75%)
U.S. stockmarkets advanced as the Dow (+0.8%) recovered all its previous session losses, boosted by the stronger-than-expected jobs data. The immediate resistance is located at 27,000.

FBM KLCI: 1,637.30 pts (+5.06pts, +0.31%)
The FBM KLCI (+0.3%) extended its gains, underpinned by selective buying interest in telco heavyweights on last Friday. The immediate resistance is located at 1,645.

Crude Palm Oil: RM2,010 (-RM22, -1.08%)
Crude palm oil prices recorded its sixth straight session of decline after erasing all its intraday gains, bogged down by the on-going concern over the high stockpile level. The immediate support is located around RM2,000.

WTI Crude Oil: $61.94 (+$0.13, +0.21%)
Crude oil prices staged a mild recovery as Iran's production remains unchanged despite U.S. sanctions. The immediate support is located at US$60.

Gold: $1,279.11 (+$8.42, +0.66%)
Gold prices rebounded after the U.S. Dollar weakened against a basket of currencies. The immediate support is located around $1,250.

Economic Releases:
CN - China's Caixin Composite PMI, 9.45AM
CN - China's Caixin Services PMI, 9.45AM
EU - Eurozone's Markit Composite PMI, 4.00PM
EU - Eurozone's Markit Services PMI, 4.00PM
EU - Eurozone's Retail Sales, 5.00PM

Technical Trading Stocks - 6 May 19 
Stock Name: DRBHCOM (1619)
Entry: Buy above RM2.29
Target: RM2.45 (7.0%), RM2.58 (12.7%)
Stop: RM2.16 (-5.7%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: HOHUP (5169)
Entry: Buy above RM0.47
Target: RM0.515 (9.6%), RM0.55 (17.0%)
Stop: RM0.44 (-6.4%)
Shariah: Yes
Technical: Flag-formation breakout

Source: Bloomberg, M+ Online

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