Dow Jones: 26,438.48 pts (-66.47pts, -0.25%)
U.S. stockmarkets trimmed their intraday losses as the Dow fell 0.3% after Chinese trade delegates will travel to Washington for further trade talks. The immediate resistance is located at 27,000.

FBM KLCI: 1,632.80 pts (-4.50pts, -0.27%)
The FBM KLCI (-0.3%) retreated alongside with the negative market performance across the region on uncertainty over trade deal between U.S. and China. The immediate support is located at 1,610.

Crude Palm Oil: RM1,984 (-RM26, -1.29%)
Crude palm oil prices trended lower for the seventh straight session, closing at its lowest level since November 2018 on fresh Sino-U.S. trade tension. The immediate support is located around RM1,940.

WTI Crude Oil: $62.25 (+$0.31, +0.50%)
Crude oil prices extended its gains on heightened geopolitical tension after U.S. is deploying a carrier strike group and a bomber task force 
to the Middle East. The immediate support is located at US$60."

Gold: $1,281.10 (+$1.99, +0.16%)
Gold prices extended its gains amid the fresh uncertainty over the Sino-U.S. trade progress. The immediate support is located around $1,250.

Economic Releases:
JP - Japan's Nikkei Services PMI, 8.30AM
MY - Malaysia's Bank Negara's Interest Rate Decision, 3.00PM

Technical Trading Stocks - 7 May 19 
Stock Name: HTPADU (5028)
Entry: Buy above RM0.94
Target: RM1.01 (7.4%), RM1.10 (17.0%)
Stop: RM0.87 (-7.4%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: SUNWAY (5211)
Entry: Buy above RM1.72
Target: RM1.82 (5.8%), RM1.95 (13.4%)
Stop: RM1.62 (-5.8%)
Shariah: Yes
Technical: Hammer candle

Source: Bloomberg, M+ Online

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