Daily Market Report (07 May 2019)
- Dow Jones Industrial staged a rebound to close off its low from -460 point to -66 points when news of China delegation will proceed to meet in Washington to discuss on trade deal and crude oil price has also rebounded to close above USD71/barrel.
- A such, we can expect O&G related stocks to benefit such as our technical pick today Barakah Offshore and Straits Inter Logistic where both have positive news announced (Refer to our technical view for more details).
