Dow Jones: 25,126.41 pts (-221.36pts, -0.87%)
U.S. stockmarkets extended their losses as the Dow declined 0.9% overnight after China may retaliate by cutting exports of rare-earth minerals used in the defense and energy sectors. The immediate support is located at 25,000.

FBM KLCI: 1,623.67 pts (+9.10pts, +0.56%)
The FBM KLCI (+0.6%) was powered higher for the third straight session yesterday as the key index bucked the mostly negative performance across its regional peers. The immediate support is located at 1,600.

Crude Palm Oil: RM2,105 (+RM39, +1.89%)
Crude palm oil prices advanced for the third straight session, taking cue from the higher soybean oil prices. The immediate resistance is located around RM2,100.

WTI Crude Oil: $58.81 (-$0.33, -0.56%)
Crude oil prices managed to trim most of its intraday losses before edging 0.6% lower after U.S. inventory level declined last week. The immediate resistance is located at US$60.

Gold: $1,279.78 (+$0.45, +0.04%)
Gold prices chalked in mild gains amid the lingering trade dispute between U.S. and China. The immediate resistance is located around $1,300.

Economic Releases:
MY - Malaysia's Producer Price Index, 12.00PM

Technical Trading Stocks - 30 May 19 
Stock Name: GAMUDA (5398)
Entry: Buy above RM3.34
Target: RM3.58 (7.2%), RM3.87 (15.9%)
Stop: RM3.16 (-5.4%)
Shariah: Yes
Technical: Monitor for trendline breakout

Stock Name: PWROOT (7237)
Entry: Buy above RM1.39
Target: RM1.50 (7.9%), RM1.57 (12.9%)
Stop: RM1.31 (-5.8%)
Shariah: Yes
Technical: Resistance 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.