Dow Jones: 25,898.83 pts (+269.93pts, +1.05%)
U.S. stockmarkets rebounded from their previous session's slump as the Dow gained 1.1%, boosted by the potential resumption of Sino-U.S. trade negotiations. The immediate resistance is located at 26,000.

FBM KLCI: 1,600.53 pts (-8.80pts, -0.55%)
The FBM KLCI (-0.6%) started off the week on a downbeat manner, spooked by the selloff on Wall Street last Friday. The immediate support is located at 1,590.

Crude Palm Oil: RM2,269 (+RM7, +0.31%)
Crude palm oil prices advanced to register its fifth straight session of gains, spurred by the weaker Ringgit against the Greenback. The immediate resistance is located around RM2,300.

WTI Crude Oil: $53.64 (-$0.53, -0.98%)
Crude oil prices extended its losses for the fourth consecutive session on the potential rising supply of Iranian crude oil. The immediate support is located at US$50.

Gold: $1,527.31 (+$0.35, +0.02%)
Gold prices ended on a flattish note as gains were capped by the surge in U.S. Dollar against a basket of currencies. The immediate resistance is located around $1,550.

Technical Trading Stocks - 27 Aug 19 
Stock Name: EWEIN (7249)
Entry: Buy above RM0.67
Target: RM0.715 (6.7%), RM0.73 (9.0%)
Stop: RM0.645 (-3.7%)
Shariah: Yes
Technical: Consolidation breakout

Stock Name: RANHILL (5272)
Entry: Buy above RM1.39
Target: RM1.50 (7.9%), RM1.55 (11.5%)
Stop: RM1.31 (-5.8%)
Shariah: Yes
Technical: Resistance breakout

Source: Bloomberg, M+ Online

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