Dow Jones: 20,663.02 pts (+56.09pts, +0.27%)
U.S. equities came off intraday high, albeit still in the green - as investors took a breather after a panic selldown on Wednesday. The Dow could recover towards the 21,000 pts.

FBM KLCI: 1,767.17 pts (-8.48pts, -0.48%)
Tracking the overwhelming negative sentiment spilled over from Wall Street overnight, the FBM KLCI declined for the third-straight day - led by extended selling pressure in selected heavyweights. Moving forward, the key-index could linger in-between 1750 to 1780.

Crude Palm Oil: RM2,626 (-RM17, -0.64%)
Crude palm oil finished 0.6% lower on Thursday, despite rebounding from earlier losses. Support will be pegged around RM2,500.

WTI Crude Oil: $49.35 (+$0.28, +0.57%)
Crude oil finished at a three-week high, buoyed by expectations of an extended OPEC production cut amid unabating supply glut. Near-term resistance is targeted at US$50.

Gold: $1,247.07 (-$14.29, -1.13%)
Gold retreated yesterday, as investors booked profits after gold prices soared made its biggest one day rally in nearly a year on Wednesday. Near-term support  is envisaged around US$1242.

Economic Releases:
MY - Malaysia GDP Growth Rate - 19 May 17, 12.00PM

Bursa Malaysia Trade Statistics - 18 May 17
Institutions:  Net SELL 54.7 mln (52.5%)
Retail:  Net BUY 66.5 mln (21.6%)
Foreign:  Net SELL 11.8 mln (25.9%)

Potential Momentum Stocks - 19 May 17
Stock Name: COMFORT (2127)
Entry: Buy above RM0.715
Target: RM0.74 (3.5%), RM0.77 (7.7%)
Stop: RM0.69 (-3.5%)
Shariah: Yes
Technical: Breakout momentum trade

Stock Name: GLBHD (7382)
Entry: Buy above RM0.66
Target: RM0.70 (6.1%), RM0.75 (13.6%)
Stop: RM0.63 (-4.5%)
Shariah: Yes
Technical: Rebound momentum trade

Source: Bloomberg, M+ Online

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