Dow Jones: 25,886.01 pts (+306.62pts, +1.20%)
U.S. stockmarkets extended their gains as the Dow surged 1.2%, boosted by the positive trade developments between U.S. and China, coupled with the reassurance from central bankers to inject further stimulus into the economy. The immediate resistance is located at 26,500.

FBM KLCI: 1,599.22 pts (-1.07pts, -0.07%)
The FBM KLCI (-0.1%) bucked the positive performance across its regional peers last Friday as the key index marked its sixth straight weekly losing streak. The immediate resistance is located at 1,610.

Crude Palm Oil: RM2,192 (-RM8, -0.36%)
Crude palm oil prices erased all its intraday gains to extend its losses, dragged down by the firmer Ringgit against the Greenback. The immediate support is located around RM2,100.

WTI Crude Oil: $54.87 (+$0.40, +0.74%)
Crude oil prices rebounded as a barrage of solid economic data boosted expectations over improve demand. The immediate support is located at US$50.

Gold: $1,513.52 (-$9.77, -0.64%)
Gold prices retreated as demand for safe haven assets dwindled on the positive trade progress between U.S. and China. The immediate resistance is located around $1,550.

Economic Releases:
EU - Eurozone's Inflation Rate, 5.00PM

Technical Trading Stocks - 19 Aug 19 
Stock Name: KRONO (0176)
Entry: Buy above RM0.60
Target: RM0.645 (7.5%), RM0.665 (10.8%)
Stop: RM0.57 (-5.0%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: PCCS (6068)
Entry: Buy above RM0.52
Target: RM0.57 (9.6%), RM0.60 (15.4%)
Stop: RM0.475 (-8.7%)
Shariah: Yes
Technical: Consolidation breakout

Source: Bloomberg, M+ Online

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