Dow Jones: 17,982.52 pts (-113.75pts, -0.63%)
U.S. equities ended a three-day rally and plunged below the 18,000 psychological level amid strengthening dollar and may put pressure on crude oil prices. Meanwhile, Philadelphia Fed Index fell 1.6%, suggesting a slowdown in manufacturing sector.

FBM KLCI: 1,721.47 pts (+12.56pts, +0.73%)
Despite the FBM KLCI rebounded above the EMA20 level, the upside of the FBM KLCI will be capped around the 1,730 level for the time being as sentiments have turned weaker on the overseas markets. Meanwhile, support will be pegged around the 1,700 level.

Crude Palm Oil: RM2,735 (+RM26, +0.96%)
Palm oil prices continues to stay strong amid the dry weather condition. CPO prices may extend its current rally towards the RM2,800 level. Next resistance will be seen at RM3,000 level.

WTI Crude Oil: $43.18 (+$0.55, +1.30%)
WTI crude oil prices traded towards near the four-month high. However, on the intra-day basis, it has ended near the low. It is heading for a consolidation phase with an upside target located around the US$45-US$50 levels.

Gold: $1,248.05 (+$3.80, +0.31%)
After hitting a 5-week high, the gold prices may pullback over the near term. If the price trips below the support of the US$1,250 level, price may consolidate towards the US$1,200 level.

Economic Releases:
Markit Eurozone Services PMI - 22 Apr 16, 4:00PM
Markit Eurozone Composite PMI - 22 Apr 16, 4:00PM
Markit Eurozone Manufacturing - 22 Apr 16, 4:00PM
Markit US Manufacturing PMI SA - 22 Apr 16, 9:45PM

Bursa Malaysia Trade Statistics - 21 Apr 16
Institutions:  Net SELL 200.6 mln (57.4%)
Retail:  Net SELL 6.7 mln (18.5%)
Foreign:  Net BUY 207.3 mln (24.1%)

Potential Momentum Stocks (22 Apr 16):
Stock Name: PENSONI (9997)
Entry: Buy around RM0.68
Target: RM0.75 (10.3%), RM0.80 (17.6%)
Stop: RM0.66 (-2.9%)
Technical: Flag formation breakout

Stock Name: JHM (0127)
Entry: Buy around RM0.50
Target: RM0.53 (5.0%), RM0.55 (10.0%)
Stop: RM0.480 (-4.0%)
Technical: Flag formation breakout

Source: Bloomberg, M+ Online

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