Dow Jones: 26,004.83 pts (-43.68pts, -0.17%)
U.S. stockmarkets extended their losses as the Dow fell 0.2% overnight, dragged down by the on-going concern over the Sino-U.S. trade dispute. The immediate resistance is located at 27,000.

FBM KLCI: 1,650.74 pts (-0.46pts, -0.03%)
The FBM KLCI (-0.03%) extended its losses yesterday after lingering in the negative territory throughout the day, mirroring the weakness across its regional peers. The immediate resistance is located at 1,670.

Crude Palm Oil: RM1,968 (-RM39, -1.94%)
Crude palm oil prices took a dive after the Ringgit appreciated against the Greenback that offset the falling stockpile in May 2019 which fell to 10-month low. The immediate support is located around RM1,950.

WTI Crude Oil: $51.14 (-$2.13, -4.00%)
Crude oil prices sank to close at four-month low on the swelling U.S. stockpile, coupled with sluggish demand outlook. The immediate support is located at US$50.

Gold: $1,333.58 (+$6.74, +0.51%)
Gold prices rebounded as demand for safe haven assets gain traction amid the political uncertainty in U.K and Hong Kong. The immediate resistance is located around $1,350.

Economic Releases:
EU - Eurozone's Industrial Production, 5.00PM

Technical Trading Stocks - 13 Jun 19 
Stock Name: JHM (0127)
Entry: Buy above RM1.17
Target: RM1.25 (6.8%), RM1.37 (17.1%)
Stop: RM1.11 (-5.1%)
Shariah: Yes
Technical: Consolidation breakout

Stock Name: MALAKOF (5264)
Entry: Buy above RM0.84
Target: RM0.88 (4.8%), RM0.91 (8.3%)
Stop: RM0.815 (-3.0%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

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