Dow Jones: 18,552.57 pts (-45.13pts, -0.24%)
U.S. stockmarkets ended lower after trading near the all-time-high zone over the past two weeks. The next support for the Dow will be located around the 18,000 level.

FBM KLCI: 1,687.68 pts (-7.19pts, -0.42%)
Selling pressure on the FBM KLCI intensified after hitting the 1,700 psychological level last week. Further pullback might be seen towards the 1,680 level.

Crude Palm Oil: RM2,578 (+RM2, +0.08%)
Crude palm oil may consolidate sideways over the near term as the CPO has revisited the RM2,600 level. Support will be anchored around RM2,500.

WTI Crude Oil: $48.52 (+$0.30, +0.62%)
Despite U.S. oil rigs added 10 to 406, according to Baker Hughes, the crude oil continues to advance higher towards the psychological level of US$50 per barrel mark.

Gold: $1,341.47 (-$10.89, -0.80%)
Gold retraced further below the resistance of US$1,350 and may consolidate sideways within the range of US$1,300-US$1,350.

Bursa Malaysia Trade Statistics - 19 Aug 16
Institutions:  Net SELL 133.0 mln (59.6%)
Retail:  Net BUY 29.2 mln (23.4%)
Foreign:  Net BUY 103.8 mln (17.0%)

Potential Momentum Stocks - 22 Aug 16 
Stock Name: FACBIND (2984)
Entry: Buy above RM1.10
Target: RM1.18 (7.3%), RM1.28 (16.4%)
Stop: RM1.08 (-1.8%)
Shariah: No
Technical: Trendline breakout

Stock Name: RSAWIT (5113)
Entry: Buy above RM0.52
Target: RM0.585 (12.5%), RM0.61 (17.3%)
Stop: RM0.505 (-2.9%)
Shariah: Yes
Technical: Potential short term breakout

Source: Bloomberg, M+ Online

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