Dow Jones: 20,821.76 pts (+11.44pts, +0.05%)
Wall Street advanced on last Friday as the Dow added 0.1% after erasing all their intraday losses ahead of President Donald Trump's speech to the Congress. The 21,000 will serve as the immediate resistance level.

FBM KLCI: 1,698.35 pts (-6.13pts, -0.36%)
The FBM KLCI (-0.4%) tripped below the 1,700 psychological level on selling pressure in selective index heavyweights. The next support level is located around the 1,680 level.

Crude Palm Oil: RM2,806 (+RM24, +0.86%)
Crude palm oil rebounded on bargain hunting activities amid the recent beaten down prices. The RM2,700 level will serve as the next support level.

WTI Crude Oil: $53.99 (-$0.46, -0.85%)
Crude oil prices retreated on stronger US Dollar against a basket of currencies. Crude oil prices might trend between the US$50-US$55 levels.

Gold: $1,257.19 (+$7.63, +0.61%)
Gold prices extended its gains to three-and-half months high on renewed political uncertainty in US and Eurozone. The US1,300 will serve as the next resistance level.

Bursa Malaysia Trade Statistics - 24Feb17
Institutions:  Net SELL 71.6 mln (63.3%)
Retail:  Net BUY 19.9 mln (20.0%)
Foreign:  Net BUY 51.7 mln (16.7%)

Potential Momentum Stocks - 27Feb17 
Stock Name: OKA (7140)
Entry: Buy above RM1.32
Target: RM1.38 (4.5%), RM1.50 (13.6%)
Stop: RM1.28 (-3.0%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: MSC (5916)
Entry: Buy above RM4.04
Target: RM4.28 (5.9%), RM4.49 (11.1%)
Stop: RM3.90 (-3.5%)
Shariah: No
Technical: Symmetrical triangle breakout

Source: Bloomberg, M+ Online

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