Dow Jones: 25,169.88 pts (+43.47pts, +0.17%)
U.S. stockmarkets rebounded as the Dow rose 0.2% overnight after the second reading of 1Q2019 GDP data rose 3.1% - in line with economists' expectations. The immediate support is located at 25,000.

FBM KLCI: 1,636.50 pts (+12.83pts, +0.79%)
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: RM2,084 (-RM21, -1.00%)
Crude palm oil prices halted a three-day winning streak, taking cue from the lower soybean oil prices. The immediate support is located around RM2,000.

WTI Crude Oil: $56.59 (-$2.22, -3.77%)
Crude oil prices endured another round of selloff after U.S. inventory level remained near their highest levels since mid-2017 following a smaller than expected weekly drop. The immediate resistance is located at US$60.

Gold: $1,288.65 (+$8.87, +0.69%)
Gold prices extended its gains as demand for safe haven assets rose. The immediate resistance is located around $1,300.

Economic Releases:
JP - Japan's Unemployment Rate, 7.30AM
JP - Japan's Industrial Production, 7.50AM
JP - Japan's Retail Sales, 7.50AM
CN - China's NBS Manufacturing PMI, 9.00AM
CN - China's Non-Manufacturing PMI, 9.00AM
JP - Japan's Consumer Confidence, 1.00PM
JP - Japan's Construction Orders, 1.00PM

Technical Trading Stocks - 31 May 19 
Stock Name: WCT (9679)
Entry: Buy above RM0.935
Target: RM1.02 (9.1%), RM1.07 (14.4%)
Stop: RM0.87 (-7.0%)
Shariah: Yes
Technical: Trendline breakout

Stock Name: KAREX (5247)
Entry: Buy above RM0.52
Target: RM0.585 (12.5%), RM0.62 (19.2%)
Stop: RM0.48 (-7.7%)
Shariah: Yes
Technical: Resistance breakout

Source: Bloomberg, M+ Online

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