Dow Jones: 18,867.93 pts (-35.89pts, -0.19%)
Wall Street retreated as the Dow fell 0.2% from near record high level, on profit taking activities ahead of the holiday-shortened trading week.

FBM KLCI: 1,623.80 pts (-2.97pts, -0.18%)
The FBM KLCI extended its losses for the third straight session after the local currency sank to 10-months low against the US Dollar. The immediate support level is located around the 1,610 level.

Crude Palm Oil: RM2,869 (-RM7, -0.24%)
Crude palm oil prices closed marginally lower and posted its biggest weekly decline since July 2016. The RM3,000 level will serve as the immediate resistance level.

WTI Crude Oil: $45.69 (+$0.12, +0.26%)
Crude oil prices rebounded, recording its first weekly gains in four weeks. Crude oil prices might continue to hover between US$43-US$46 levels.

Gold: $1,207.89 (-$8.57, -0.69%)
Gold prices slipped for the third straight session after demand was hurt by expectations of interest rate hike in December. The US$1,200 level will serve as the immediate support level.

Bursa Malaysia Trade Statistics - 18 Nov 16
Institutions:  Net BUY 186.5 mln (53.0%)
Retail:  Net SELL 15.2 mln (16.0%)
Foreign:  Net SELL 171.3 mln (31.0%)

Potential Momentum Stocks - 21 Nov 16 
Stock Name: MAHSING (8583)
Entry: Buy above RM1.560
Target: RM1.65 (5.8%), RM1.70 (9.0%)
Stop: RM1.49 (-4.5%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: GESHEN (7197)
Entry: Buy above RM1.76
Target: RM1.95 (10.8%), RM2.10 (19.3%)
Stop: RM1.64 (-6.8%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

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