Dow Jones: 25,717.74 pts (-767.27pts, -2.90%)
U.S. stockmarkets endured another rout overnight as the Dow sank 2.9% after U.S. President Donald Trump accused China on currency manipulation following the Yuan falling to 11 year low against the Greenback. The immediate support is located at 25,000.

FBM KLCI: 1,610.41 pts (-16.35pts, -1.01%)
The FBM KLCI (-1.0%) extended its loss, mirroring the negative market performance across its regional peers yesterday. The immediate support is located at 1,600.

Crude Palm Oil: RM2,093 (+RM31, +1.50%)
Crude palm oil prices rebounded on optimism over improving demand from China, coupled with the weaker Ringgit against the U.S. Dollar. The immediate resistance is located around RM2,100.

WTI Crude Oil: $54.69 (-$0.97, -1.73%)
Crude oil prices retreated as the escalating U.S.-China trade tension bogged down demand. The immediate resistance is located at US$60.

Gold: $1,463.70 (+$22.87, +1.60%)
Gold prices trended sharply higher, led by improved demand for safe haven assets. The immediate support is located around $1,400.

Technical Trading Stocks - 6 Aug 19 
Stock Name: TECFAST (0084)
Entry: Buy above RM0.33
Target: RM0.36 (9.1%), RM0.395 (19.7%)
Stop: RM0.305 (-7.6%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: PESTECH (5219)
Entry: Buy above RM1.44
Target: RM1.53 (6.3%), RM1.60 (11.1%)
Stop: RM1.37 (-4.9%)
Shariah: Yes
Technical: Monitor for trendline breakout

Source: Bloomberg, M+ Online

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