Dow Jones: 26,970.71 pts (+162.94pts, +0.61%)
U.S. stockmarkets rebounded as the Dow (+0.6%) after U.S. President Donald Trump re-assured investors that the U.S.-China trade deal will materialise sooner-than-expected. The immediate support is located at 26,400.

FBM KLCI: 1,589.58 pts (-2.75pts, -0.17%)
The FBM KLCI (-0.2%) finished lower for the third straight session, mirroring the weakness across its regional peers on the escalating Sino-U.S. trade dispute. The immediate support is located at 1,590.

Crude Palm Oil: RM2,147 (+RM6, +0.28%)
Crude palm oil prices halted a five-day free fall, lifted by the weaker Ringgit against the Greenback. The immediate support is located around RM2,150.

WTI Crude Oil: $56.49 (-$0.80, -1.40%)
Crude oil prices extended its losses after Saudi Arabia reported to have restored mores of its production. The immediate support is located at US$50.

Gold: $1,504.05 (-$27.82, -1.82%)
Gold prices snapped a four-day winning streak as investors shifted their focus on riskier assets. The immediate resistance is located around $1,550.

Economic Releases:
US - United States' 2Q2019 GDP Growth Rate, 8.30PM

M+ Online Technical Trading Stocks - 26Sep19

Stock Name: OCK (0172)
Entry: Buy above RM0.625
Target: RM0.665 (6.4%), RM0.68 (8.8%)
Stop: RM0.585 (-6.4%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: UCHITEC (7100)
Entry: Buy above RM2.83
Target: RM2.95 (4.2%), RM3.06 (8.1%)
Stop: RM2.72 (-3.9%)
Shariah: Yes
Technical: Symmetrical triangle formation breakout

Source: Bloomberg, M+ Online

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