Dow Jones: 17,891.16 pts (+117.52pts, +0.66%)Wall Street rebounded after a sharp weekly decline last week led by banks and Amazon.com jumped for a second day amid better-than-expected earnings. Meanwhile, U.S. March construction spending rose 0.3%
FBM KLCI: 1,672.72 pts (-2.04pts, -0.12%)
Selling activities were noted on the FBM KLCI last Friday, however bargain hunting activities emerged and limited the losses for the day, forming a hammer candle above the 1,660 support level. The key index may rebound higher towards 1,700.
Selling activities were noted on the FBM KLCI last Friday, however bargain hunting activities emerged and limited the losses for the day, forming a hammer candle above the 1,660 support level. The key index may rebound higher towards 1,700.
Crude Palm Oil: RM2,593 (-RM8, -0.31%)
After dropping below the psychological level of RM2,600, CPO may continue its correction phase lower towards the RM2,500 level.
After dropping below the psychological level of RM2,600, CPO may continue its correction phase lower towards the RM2,500 level.
WTI Crude Oil: $44.78 (-$1.14, -2.48%)
Crude oil retreated from a 6-month high after Iraq's exports approached a record high in April, adding barrels to a worldwide supply glut.
Crude oil retreated from a 6-month high after Iraq's exports approached a record high in April, adding barrels to a worldwide supply glut.
Gold: $1,291.55 (-$1.98, -0.15%)
As expected, gold surged towards the $1,300 level for the first time since January 2015 as investors speculated that the central banks from the U.S. to Europe will maintain low interest rates over the near term.
As expected, gold surged towards the $1,300 level for the first time since January 2015 as investors speculated that the central banks from the U.S. to Europe will maintain low interest rates over the near term.
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