Dow Jones: 19,083.18 pts (+59.31pts, +0.31%)
U.S. stockmarkets crept higher as Dow (+0.3%) closed at a fresh record high, boosted by industrial shares ahead of the Thanksgiving public holiday.

FBM KLCI: 1,630.38 pts (+1.06pts, +0.07%)
The FBM KLCI chalked in marginal gains yesterday, after reversing all its intraday losses on last minute buying support amongst selective plantation heavyweights. The immediate resistance level is located around the 1,645 level.

Crude Palm Oil: RM2,954 (+RM26, +0.89%)
Crude palm oil prices closed higher for the third consecutive session, tracking the gains in soybean oil which the latter saw an increase in biofuel mandate. The RM3,000 level will serve as the immediate resistance level.

WTI Crude Oil: $47.96 (-$0.02, -0.04%)
Crude oil prices closed marginally lower on doubts over the upcoming potential output cut could curb global supply glut. Crude oil prices might head towards the US$50 level.

Gold: $1,188.32 (-$24.00, -1.98%)
Gold prices extended its losses to its lowest level since February 2016 after the latest minutes meeting from the US Federal Reserve signals to an interest rate hike next month. The US$1,150 level will serve as the next support level.

Bursa Malaysia Trade Statistics - 23 Nov 16
Institutions:  Net BUY 98.8 mln (61.2%)
Retail:  Net BUY 61.5 mln (15.5%)
Foreign:  Net SELL 160.3 mln (23.3%)

Potential Momentum Stocks - 24 Nov 16 
Stock Name: MMCCORP (2194)
Entry: Buy above RM2.45
Target: RM2.66 (8.6%), RM2.80 (14.3%)
Stop: RM2.30 (-6.1%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: GHLSYS (0021)
Entry: Buy above RM0.82
Target: RM0.875 (6.7%), RM0.915 (11.6%)
Stop: RM0.80 (-2.4%)
Shariah: Yes
Technical: Short-term consolidation breakout

Source: Bloomberg, M+ Online

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