Dow Jones: 17,400.75 pts (-610.32pts, -3.39%)
U.S. stockmarkets plunged sharply on the back of the UK voted to leave EU. If the Dow continues to violate below the near term support of 17,400, further downside will be located around the 17,000 level.

FBM KLCI: 1,634.05 pts (-5.93pts, -0.36%)
The FBM KLCI ended lower on Friday in tandem with the negative global stockmarkets performance. Support will be pegged around the 1,610 level.

Crude Palm Oil: RM2,379 (-RM5, -0.21%)
The CPO prices may be trading on a negative tone after the violation of the RM2,400 psychological level. Next support will be seen around RM2,350.

WTI Crude Oil: $47.64 (-$2.33, -4.58%)
Crude oil price extended its pullback phase on the back of Brexit market turmoil. Next support will be located around US$43 level.

Gold: $1,315.75 (+$59.76, +4.82%)
Gold prices rocketed strongly amid the uncertain market condition after the Brexit vote. As the gold has surpassed the US$1,300 psychological level, next target will be pegged around US$1,350.

Economic Releases:
US - Dallas Fed Manufacturing Outlook - 27 Jun 16, 10:30PM

Bursa Malaysia Trade Statistics - 24 Jun 16
Institutions:  Net BUY 172.7 mln (62.4%)
Retail:  Net BUY 44.1 mln (17.6%)
Foreign:  Net SELL 216.8 mln (20.0%)

Potential Momentum Stocks - 27 Jun 16 
Stock Name: PANTECH (5125)
Entry: Buy around RM0.565
Target: RM0.62 (9.7%), RM0.66 (16.8%)
Stop: RM0.55 (-2.7%)
Technical: Trendline breakout

Stock Name: TADMAX (4022)
Entry: Buy around RM0.38
Target: RM0.405 (6.6%), RM0.45 (18.4%)
Stop: RM0.36 (-5.3%)
Technical: Bullish engulfing bar

Source: Bloomberg, M+ Online

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