Dow Jones: 28,621.39 pts (+105.94pts, +0.37%)
U.S. stockmarkets took another step forward, closing at fresh all-time high levels as the Dow gained 0.4% on the prospects of phase-one U.S.-China trade deal completion. The immediate resistance is located at 28,750.

FBM KLCI: 1,603.55 pts (-0.68pts, -0.04%)
The FBM KLCI (-0.04%) edged lower in a lacklustre trading performance following the trading resumption from the mid-week Christmas break. The immediate resistance is located at 1,620.

Crude Palm Oil: RM3,005 (+RM82, +2.81%)
Crude palm oil prices rallied past the RM3,000 per tonne level for the first time in three years on concern over dwindling production in December 2019. The immediate resistance is located around RM3,135.

WTI Crude Oil: $61.68 (+$0.57, +0.93%)
Crude oil prices trended higher for the third straight session on reports over lower U.S. stockpile. The immediate resistance is located at US$64.

Gold: $1,511.53 (+$11.69, +0.78%)
Gold prices marked its fourth straight winning streak to close above the US$1,500 psychological level as the Greenback retreated against a basket of currencies. The immediate resistance is located around $1,550.

Economic Releases:
JP - Japan's Unemployment Rate, 7.30AM

M+ Online Technical Trading Stocks - 27 Dec 19

Stock Name: JOHOTIN (7167)
Entry: Buy above RM1.76
Target: RM1.89 (7.4%), RM1.95 (10.8%)
Stop: RM1.69 (-4.0%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: KNM (7164)
Entry: Buy above RM0.36
Target: RM0.395 (9.7%), RM0.42 (16.7%)
Stop: RM0.33 (-8.3%)
Shariah: No
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.