Dow Jones: 19,883.06 pts (+39.65pts, +0.20%)
U.S. stockmarkets started off the week on a strong footing as the Dow gained 0.2%, disregarding the geopolitical concern in Germany and Turkey.

FBM KLCI: 1,634.30 pts (-3.49pts, -0.21%)
The FBM KLCI closed lower yesterday in line with the weakness across key regional indices after foreign funds continue to trim their holdings. The immediate support level is located around the 1,630 level.

Crude Palm Oil: RM3,142 (-RM19, -0.60%)
Crude palm oil prices closed lower for the second session after the higher export tax could curb demand. The RM3,200 level will serve as the immediate resistance level.

WTI Crude Oil: $52.12 (+$0.22, +0.42%)
Crude oil prices closed marginally higher on concern over U.S. production from shale could offset by both OPEC and non-OPEC members. Crude oil prices might trend towards the US$55-US$60 levels.

Gold: $1,138.21 (+$3.33, +0.29%)
Gold prices advanced on rising geopolitical tensions in Germany and Turkey. The US1,100 will serve as the immediate support level.

Bursa Malaysia Trade Statistics - 19 Dec 16
Institutions:  Net BUY 88.8 mln (66.9%)
Retail:  Net SELL 3.1 mln (16.3%)
Foreign:  Net SELL 85.7 mln (16.8%)

Potential Momentum Stocks - 20 Dec 16 
Stock Name: SASBADI (5252)
Entry: Buy above RM1.39
Target: RM1.55 (11.5%), RM1.60 (15.1%)
Stop: RM1.31 (-5.8%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: COCOLND (7205)
Entry: Buy above RM2.01
Target: RM2.10 (4.5%), RM2.20 (9.5%)
Stop: RM1.95 (-3.0%)
Shariah: Yes
Technical: Short-term consolidation breakout

Source: Bloomberg, M+ Online

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