Dow Jones: 25,897.71 pts (-389.73pts, -1.48%)
U.S. stockmarkets started off the week on a dour note as the Dow sank 1.5% on concern over escalating trade dispute between U.S. and China. The immediate support is located at 25,000.

FBM KLCI: 1,615.05 pts (-0.97pts, -0.06%)
The FBM KLCI (-0.1%) erased all its intraday gains to close marginally lower on last Friday ahead of the extended Hari Raya Haji break. The immediate support is located at 1,600.

Crude Palm Oil: RM2,179 (+RM44, +2.06%)
Crude palm oil prices advanced for the fifth straight session, taking cue from the higher oil-related commodity prices. The immediate resistance is located around RM2,200.

WTI Crude Oil: $54.93 (+$0.43, +0.79%)
Crude oil prices advanced for the third straight session as Saudi Arabia's output shrank. The immediate support is located at US$50.

Gold: $1,511.16 (+$14.21, +0.95%)
Gold prices recovered all its previous session losses, surging to six-year high amid the political unrest in Hong Kong, coupled with the rising Sino-U.S. trade dispute. The immediate support is located around $1,450.

Economic Releases:
JP - Japan's Producer Price Index, 7.50AM
MY - Malaysia's Retail Sales, 12.00PM
UK - United Kingdom's Unemployment Rate, 4.30PM
US - United States' Inflation Rate, 8.30PM

Technical Trading Stocks - 13 Aug 19 
Stock Name: SLP (7248)
Entry: Buy above RM1.33
Target: RM1.49 (12.0%), RM1.62 (21.8%)
Stop: RM1.21 (-9.0%)
Shariah: Yes
Technical: Resistance breakout

Stock Name: PWROOT (7237)
Entry: Buy above RM1.81
Target: RM1.94 (7.2%), RM2.02 (11.6%)
Stop: RM1.71 (-5.5%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

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