Dow Jones: 26,062.68 pts (+78.74pts, +0.30%)
U.S. stockmarkets trended higher as the Dow (+0.3%) marked its sixth straight winning streak, lifted by U.S. decision to cancel the impending tariffs on Mexico goods after both parties reached an agreement on illegal immigrants flow. The immediate resistance is located at 27,000.

FBM KLCI: 1,655.47 pts (+6.14pts, +0.37%)
The FBM KLCI (+0.4%) trended higher alongside with its regional peers yesterday, boosted by the positive trade developments between U.S. and Mexico. The immediate resistance is located at 1,670.

Crude Palm Oil: RM1,994 (-RM34, -1.68%)
Crude palm oil prices extended its losses to close near one month low on concern over sluggish demand, coupled with the fall in soybean oil prices. The immediate support is located around RM1,950.

WTI Crude Oil: $53.26 (-$0.73, -1.35%)
Crude oil prices retreated, weighed down by the on-going Sino-U.S. trade dispute. The immediate support is located at US$50.

Gold: $1,327.98 (-$12.88, -0.96%)
Gold prices snapped an eight-day winning streak as demand for safe haven assets faded. The immediate resistance is located around $1,350.

Economic Releases:
MY - Malaysia's Industrial Production, 12.00PM
UK - United Kingdom's Unemployment Rate, 4.30PM
US - United States' Producer Price Index, 8.30PM

Technical Trading Stocks - 11 Jun 19 
Stock Name: GKENT (3204)
Entry: Buy above RM1.12
Target: RM1.19 (6.2%), RM1.27 (13.4%)
Stop: RM1.06 (-5.4%)
Shariah: Yes
Technical: Consolidation breakout

Stock Name: JAKS (4723)
Entry: Buy above RM0.75
Target: RM0.805 (7.3%), RM0.85 (13.3%)
Stop: RM0.715 (-4.7%)
Shariah: Yes
Technical: Symmetrical triangle formation breakout

Source: Bloomberg, M+ Online

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