Dow Jones: 27,332.03 pts (+243.95pts, +0.90%)
U.S. stockmarkets extended their gains to close at fresh record high levels on last Friday as the Dow rose 0.9% on the optimism over the dovish U.S. Federal Reserve stance on future interest rate direction. The immediate resistance is located at 27,500.

FBM KLCI: 1,669.45 pts (-9.81pts, -0.58%)
he FBM KLCI (-0.6%) took a dive on quick profit taking activities in selected index heavyweights, offsetting the stronger-than-expected retail sales and industrial production data on last Friday. The immediate resistance is located at 1,700.

Crude Palm Oil: RM1,944 (+RM3, +0.15%)
Crude palm oil prices continue to chalk in marginal gains, mirroring the higher soybean oil prices. The immediate support is located around RM1,920.

WTI Crude Oil: $60.21 (+$0.01, +0.02%)
Crude oil prices ended on a flattish note after recovering all its intraday losses, lifted by the decline in number of U.S. oil rigs. The immediate resistance is located at US$66.

Gold: $1,415.75 (+$11.94, +0.85%)
Gold prices rebounded after the Greenback retreated against a basket of currencies. The immediate resistance is located around $1,450.

Economic Releases:
CN - China's 2Q2019 GDP Growth Rate, 10.00AM
CN - China's Industrial Production, 10.00AM
CN - China's Retail Sales, 10.00AM

Technical Trading Stocks - 15 Jul 19 
Stock Name: CJCEN (7117)
Entry: Buy above RM0.43
Target: RM0.465 (8.1%), RM0.485 (12.8%)
Stop: RM0.41 (-4.7%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: MALAKOF (5264)
Entry: Buy above RM0.88
Target: RM0.93 (5.7%), RM0.96 (9.1%)
Stop: RM0.845 (-4.0%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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