M+ Online Morning Market Buzz - 27 Mar 23
Dow Jones: 32,237.53 pts (+132.28pts, +0.41%)
⬆️ Resistance: 33500
⬇️ Support: 31200
FBM KLCI: 1,399.70 pts (-11.28pts, -0.80%)
⬆️ Resistance: 1450
⬇️ Support: 1380
HSI Index: 19,915.68 pts (-133.96pts, -0.67%)
⬆️ Resistance: 20600
⬇️ Support: 18500
Crude Palm Oil: RM3,512 (-RM57, -1.60%)
⬆️ Resistance: 3990
⬇️ Support: 3430
Brent Oil: $74.99 (+$0.43, +0.57%)
⬆️ Resistance: 79.00
⬇️ Support: 68.80
Gold: $1,978.21 (-$15.19, -0.76%)
⬆️ Resistance: 2050
⬇️ Support: 1900
M+ Online Technical Trading Stocks - 27 Mar 23
Stock Name: PPJACK (0242)
Entry: Buy above RM0.54
Target: RM0.56 (3.7%), RM0.58 (7.4%)
Stop: RM0.52 (-3.7%)
Shariah: No
Technical: Monitor for breakout
Stock Name: EWEIN (7249)
Entry: Buy above RM0.63
Target: RM0.675 (7.1%), RM0.70 (11.1%)
Stop: RM0.60 (-4.8%)
Shariah: Yes
Technical: Monitor for breakout
Source: Bloomberg, M+ Online
Economic Releases For The Week (27/3/2023-31/3/2023):
27/3/2023
MY - Malaysia's Producer Price Index, 12.00PM
28/3/2023
US - United States' Consumer Confidence, 10.00PM
29/3/2023
US - United States' Pending Home Sales, 10.00PM
30/3/2023
EU - Eurozone's Economic Sentiment, 5.00PM
EU - Eurozone's Industrial Sentiment, 5.00PM
EU - Eurozone's Services Sentiment, 5.00PM
EU - Eurozone's Consumer Confidence, 5.00PM
US - United States' 4Q22 GDP Growth Rate, 8.30PM
31/3/2023
JP - Japan's Unemployment Rate, 7.30AM
JP - Japan's Retail Sales, 7.50AM
JP - Japan's Industrial Production, 7.50AM
CN - China's NBS Manufacturing PMI, 9.30AM
CN - China's Non Manufacturing PMI, 9.30AM
UK - United Kingdom's 4Q22 GDP Growth Rate, 2.00PM
EU - Eurozone's Unemployment Rate, 5.00PM
US - United States' Chicago PMI, 9.45PM
US - United States' Michigan Consumer Sentiment, 10.00PM
Source: Bloomberg, M+ Online
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