Dow Jones: 18,533.05 pts (+16.50pts, +0.09%)
U.S. equities traded higher led by technology shares as Japan's Softbank is buying chip-design powerhouse ARM for US$32 bln. The Dow marked a seventh consecutive days of all-time-high.

FBM KLCI: 1,670.84 pts (+2.44pts, +0.15%)
The FBM KLCI ended higher after the breakout of the 1,660 resistance level. The key index may rally towards the 1,680 level over the near term amid the improving market sentiments.

Crude Palm Oil: RM2,278 (+RM17, +0.75%)
Crude palm oil extended its recovery trend above the RM2,200 level. Buying momentum should be able to pick up above the resistance of RM2,300.

WTI Crude Oil: $45.24 (-$0.71, -1.54%)
WTI crude oil trended near the US$45 per barrel mark before the release of U.S. crude stockpile and production data.

Gold: $1,328.85 (-$8.60, -0.64%)
Gold pulled back after hitting the recent high near the US$1,375 level, further retracement might be seen if gold falls below the US$1,300 level.

Bursa Malaysia Trade Statistics - 18 Jul 16
Institutions:  Net SELL 158.1 mln (58.5%)
Retail:  Net SELL 9.5 mln (18.3%)
Foreign:  Net BUY 167.6 mln (23.2%)

Potential Momentum Stocks - 19 Jul 16 
Stock Name: OPENSYS (0040)
Entry: Buy above RM0.32
Target: RM0.36 (12.5%), RM0.38 (18.8%)
Stop: RM0.30 (-6.3%)
Technical: Symmetrical triangle breakout

Stock Name: UNISEM (5005)
Entry: Buy above RM2.55
Target: RM2.83 (11.0%), RM3.00 (17.6%)
Stop: RM2.35 (-7.8%)
Technical: Flag breakout

Source: Bloomberg, M+ Online

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