Dow Jones: 26,403.28 pts (+41.03pts, +0.16%)
U.S. stockmarkets were closed for the Labour Day public holiday, whilst the Dow rose 0.2% on last Friday ahead of the new wave of tariffs implementation in a set of Chinese goods. The immediate resistance is located at 26,700.

FBM KLCI: 1,612.14 pts (+16.96pts, +1.06%)
The FBM KLCI (+1.1%) gapped up to close above the EMA20 level for the first time since mid-July 2019, boosted by the optimism from the Sino-U.S. trade developments on last Friday. The immediate resistance is located at 1,620.

Crude Palm Oil: RM2,234 (+RM13, +0.59%)
Crude palm oil prices advanced in tandem with the gains across other oil-related commodities on last Friday. The immediate support is located around RM2,200.

WTI Crude Oil: $55.10 (-$1.61, -2.82%)
Crude oil prices halted a three-day winning streak, dragged down by fresh concern over sluggish demand. The immediate resistance is located at US$58.

Gold: $1,529.29 (+$8.91, +0.59%)
Gold prices trended higher as demand for safe haven assets rose on the on-going uncertainty surrounding global trade tension. The immediate resistance is located around $1,550.

Technical Trading Stocks - 3Sep19 
Stock Name: TNLOGIS (8397)
Entry: Buy above RM0.50
Target: RM0.53 (6.0%), RM0.56 (12.0%)
Stop: RM0.475 (-5.0%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: MMCCORP (2194)
Entry: Buy above RM1.09
Target: RM1.16 (6.4%), RM1.21 (11.0%)
Stop: RM1.03 (-5.5%)
Shariah: Yes
Technical: Bullish harami candle

Source: Bloomberg, M+ Online

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