Dow Jones: 19,933.81 pts (+14.93pts, +0.07%)
U.S. stockmarkets chalked in marginal gains on last Friday in light trading environment ahead of the extended Christmas break.

FBM KLCI: 1,617.15 pts (-6.05pts, -0.37%)
The FBM KLCI trended lower for the third straight session as foreign funds continue to unwind their holdings in the emerging markets. The immediate support level is located around the 1,610 level.

Crude Palm Oil: RM3,060 (-RM16, -0.52%)
Tracking the weakness in soybean oil prices, crude palm oil prices extended its losses. The RM3,000 level will serve as the immediate support level.

WTI Crude Oil: $53.02 (+$0.07, +0.13%)
Crude oil prices advanced to 17-months high on optimism in both OPEC and non-OPEC production curb deals. Crude oil prices might trend towards the US$55-US$60 levels.

Gold: $1,133.30 (+$4.92, +0.44%)
Gold prices staged a mild recovery ahead of the extended festive season break. The US1,100 will serve as the immediate support level.

Economic Releases:
JP - Japan's Core Inflation Rate - 27 Dec 16, 7.30AM
US - US Consumer Confidence - 27 Dec 16, 11.00PM
US - US Dallas Manufacturing Index - 27 Dec 16, 11.30PM

Bursa Malaysia Trade Statistics - 23Dec16
Institutions:  Net BUY 130.6 mln (62.6%)
Retail:  Net BUY 32.8 mln (15.3%)
Foreign:  Net SELL 163.4 mln (22.1%)

Potential Momentum Stocks - 27 Dec 16 
Stock Name: GADANG 9261)
Entry: Buy above RM1.050
Target: RM1.11 (5.7%), RM1.16 (10.5%)
Stop: RM0.99 (-5.7%)
Shariah: Yes
Technical: Flag-formation breakout

Stock Name: AWC (7579)
Entry: Buy above RM0.945
Target: RM1.00 (5.8%), RM1.10 (16.4%)
Stop: RM0.915 (-3.2%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

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