Dow Jones: 19,097.90 pts (-54.24pts, -0.28%)
U.S. stockmarkets retreated from their all-time high levels as the Dow snapped a streak of four consecutive winning days after banking shares slipped.

FBM KLCI: 1,628.66 pts (+1.40pts, +0.09%)
The FBM KLCI extended its gains yesterday owing to the buying support in selective index heavyweights. The immediate resistance level is located around the 1,630 level.

Crude Palm Oil: RM3,077 (+RM45, +1.48%)
Crude palm oil prices rose to four-years high, lifted by the weakness in Ringgit Malaysia against the Greenback. The RM3,100 level will serve as the next resistance level.

WTI Crude Oil: $47.08 (+$0.66, +1.43%)
Crude oil prices staged a sharp recovery after Iraq has agreed to join other OPEC members in relation to a potential supply cut deal. Crude oil prices might trend between the US$43-US$50 levels.

Gold: $1,194.00 (+$10.44, +0.88%)
Gold prices closed higher on renewed volatility in the equities market. The US$1,200 level will serve as the next resistance level.

Economic Releases:
JP - Japan's Unemployment Rate - 29 Nov 16, 7.30AM
EU - Eurozone's Business Confidence - 29 Nov 16, 6.00PM

Bursa Malaysia Trade Statistics - 28 Nov 16
Institutions:  Net BUY 47.9 mln (59.4%)
Retail:  Net SELL 3.2 mln (17.2%)
Foreign:  Net SELL 44.7 mln (23.4%)

Potential Momentum Stocks - 29 Nov 16 
Stock Name: WILLOW (0008)
Entry: Buy above RM0.77
Target: RM0.81 (5.2%), RM0.855 (11.0%)
Stop: RM0.74 (-3.9%)
Shariah: Yes
Technical: Sideways consolidation breakout

Stock Name: UNIMECH (7091)
Entry: Buy above RM1.13
Target: RM1.23 (8.8%), RM1.34 (18.6%)
Stop: RM1.07 (-5.3%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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