Dow Jones: 20,763.89 pts (+216.13pts, +1.05%)
Wall Street finished higher, as investors cheered the outcome of the first round of French election, as well as renewed optimism of the tax reform plan from President Donald Trump. Resistance is pegged at 20,835.0 points.

FBM KLCI: 1,756.05 pts (+14.44pts, +0.83%)
The FBM KLCI ended the week on a positive note, as anticipation for potential U.S. tax reforms drove global indices higher. Next resistance is envisaged at 1760.

Crude Palm Oil: RM2,530 (+RM26, +1.04%)
Crude palm oil prices notched gains, driven by anticipation of higher demand ahead of the Ramadan month. Prices are expected to trend between RM2450 to RM2600.

WTI Crude Oil: $49.23 (-$0.39, -0.79%)
Crude oil prices declined on uncertainties of whether the OPEC will extend its output cut after 30th June, 2017. Targeted support at US$49.

Gold: $1,276.31 (-$8.13, -0.63%)
Gold weakened as investors reduced weightage on safe-haven assets, amid recovery in global sentiments. Support level is envisaged around US$1260.

Bursa Malaysia Trade Statistics - 24 Apr 17
Institutions:  Net SELL 91.6 mln (60.5%)
Retail:  Net SELL 53.3 mln (18.6%)
Foreign:  Net BUY 144.9 mln (20.9%)

Potential Momentum Stocks - 25 Apr 17 
Stock Name: CHOOBEE (5797)
Entry: Buy above RM2.00
Target: RM2.05 (2.5%), RM2.18 (9.0%)
Stop: RM1.89 (-5.5%)
Shariah: Yes
Technical: Breakout momentum trade 

Stock Name: JOHOTIN (7167)
Entry: Buy above RM1.46
Target: RM1.50 (2.7%), RM1.56 (6.8%)
Stop: RM1.38 (-5.5%)
Shariah: Yes
Technical: Breakout momentum trade 

Source: Bloomberg, M+ Online

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