Dow Jones: 25,679.90 pts (-84.10pts, -0.33%)
U.S. stockmarkets extended their losses as the Dow fell 0.3%, dragged down by the escalating trade tension, particularly in the technology sector. The immediate resistance is located at 26,000.

FBM KLCI: 1,605.36 pts (+6.17pts, +0.39%)
Tracking the gains on Wall Street overnight, the FBM KLCI (+0.4%) rebounded to trim its weekly losses ahead of the extended weekend break on last Friday. The immediate support is located at 1,580.

Crude Palm Oil: RM2,098 (+RM2, +0.10%)
Crude palm oil prices recovered all its intraday losses to edge marginally higher, boosted by higher demand in edible oil. The immediate resistance is located around RM2,100.

WTI Crude Oil: $63.10 (+$0.34, +0.54%)
Crude oil prices advanced on expectation that OPEC may extend their production cut. The immediate resistance is located at US$67.

Gold: $1,277.82 (+$0.29, +0.02%)
Gold prices halted a four-day losing streak on the escalation of Sino-U.S. trade tension. The immediate resistance is located around $1,300.

Economic Releases:
US - United States' Existing Home Sales, 10.00PM

Technical Trading Stocks - 21 May 19
Stock Name: DIALOG (7277)
Buy above RM3.32
Target: RM3.57 (7.5%), RM3.66 (10.2%)
Stop: RM3.15 (-5.1%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: MBL (5152)
Entry: Buy above RM1.30
Target: RM1.41 (8.5%), RM1.43 (10.0%)
Stop: RM1.20 (-7.7%)
Shariah: Yes
Technical: Resistance breakout

Source: Bloomberg, M+ Online

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