Dow Jones: 26,807.77 pts (-142.22pts, -0.53%)
U.S. stockmarkets retreated as the Dow (-0.5%) formed a bearish engulfing candle after U.S. President Donald Trump accused China of manipulating its currency and stealing intellectual property at the United Nation speech. The immediate support is located at 26,400.

FBM KLCI: 1,592.33 pts (-0.60pts, -0.04%)
The FBM KLCI (-0.04%) managed to trim most of its intraday losses, boosted by the second half bargain hunting activities in selected index heavyweights yesterday. The immediate support is located at 1,590.

Crude Palm Oil: RM2,141 (-RM48, -2.19%)
Crude palm oil prices sank for the fifth straight session to close at its' lowest level in six week, dragged down by the sluggish exports data. The immediate support is located around RM2,150.

WTI Crude Oil: $57.29 (-$1.35, -2.28%)
Crude oil prices took a beating amid the rising U.S. weekly inventory level. The immediate support is located at US$50.

Gold: $1,531.87 (+$9.63, +0.63%)
Gold prices registered its fourth straight session of gains as the relationship between U.S. and China soured. The immediate resistance is located around $1,550.

Economic Releases:
MY - Malaysia's Inflation Rate, 12.00PM
US - United States' New Home Sales, 10.00PM

M+ Online Technical Trading Stocks - 25Sep19

Stock Name: KGB (0151)
Entry: Buy above RM1.32
Target: RM1.38 (4.5%), RM1.41 (6.8%)
Stop: RM1.27 (-3.8%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: DANCO (5276)
Entry: Buy above RM0.53
Target: RM0.585 (10.4%), RM0.61 (15.1%)
Stop: RM0.49 (-7.5%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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