Dow Jones: 25,628.90 pts (-623.34pts, -2.37%)
U.S. stockmarkets endured another volatile session as the Dow sank 2.4% last Friday on the escalating trade tension following the U.S. President Donald Trump announcement on the impending hike of tariffs in Chinese goods. The immediate support is located at 25,000.

FBM KLCI: 1,609.33 pts (+6.86pts, +0.43%)
The FBM KLCI (+0.4%) build-up on its previous session's gains alongside with the mostly positive sentiment across its regional peers on last Friday. The immediate support is located at 1,590.

Crude Palm Oil: RM2,262 (+RM6, +0.27%)
Crude palm oil prices recorded its fourth straight session of gains on expectations over lower production output in coming months. The immediate resistance is located around RM2,300.

WTI Crude Oil: $54.17 (-$1.18, -2.09%)
Crude oil prices trended lower for the third straight session, dragged down by the escalating Sino-U.S. trade tension that could dampen demand. The immediate support is located at US$50.

Gold: $1,526.96 (+$28.90, +1.96%)
Gold prices recovered all its previous session losses to rise back above the US$1,500 level as demand for safe haven assets surged. The immediate resistance is located around $1,550.

Technical Trading Stocks - 26 Aug 19
Stock Name: GBGAQRS (5226)
Buy above RM1.28
Target: RM1.40 (9.4%), RM1.49 (16.4%)
Stop: RM1.20 (-6.3%)
Shariah: Yes
Technical: Bullish engulfing candle

Stock Name: CHINHIN (5273)
Entry: Buy above RM0.80
Target: RM0.83 (3.7%), RM0.85 (6.3%)
Stop: RM0.775 (-3.1%)
Shariah: Yes
Technical: Monitor for trendline breakout

Source: Bloomberg, M+ Online

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