Dow Jones: 20,804.84 pts (+141.82pts, +0.69%)
Key U.S. benchmark stockmarkets finished mostly higher on Friday, as investors shrugged off the political uncertainties surrounding President Donald Trump for the time being. Subsequently, the Dow gained 0.7%, on gains in industrials and materials-related stocks. Resistance will be pegged at the 21,000 psychological mark.

FBM KLCI: 1,768.28 pts (+1.11pts, +0.06%)
The FBM KLCI ended the week on a positive tone, on better-than-expected GDP growth and a stronger Ringgit vs Greenback. Moving forward, the key-index could linger in-between 1750 to 1780.

Crude Palm Oil: RM2,635 (+RM9, +0.34%)
Despite a choppy trade, crude palm oil ended higher, after recovering from earlier losses. Resistance will be pegged around RM2,723.

WTI Crude Oil: $50.33 (+$0.98, +2.00%)
Crude oil continued its upward momentum, notching a second week of gains - led by anticipation of an extended cut on OPEC productions. Further resistance is targeted at US$52.

Gold: $1,255.93 (+$8.86, +0.71%)
Gold prices ended higher on Friday, boosted by a weaker Greenback amid political turmoil in the United States. Resistance is envisaged at US$1290.

Bursa Malaysia Trade Statistics - 19 May 17
Institutions:  Net SELL 9.9 mln (59.7%)
Retail:  Net SELL 40.0 mln (19.6%)
Foreign:  Net BUY 49.9 mln (20.7%)

Potential Momentum Stocks - 22 May 17 
Stock Name: EG (8907)
Entry: Buy above RM0.89
Target: RM0.935 (5.1%), RM0.985 (10.7%)
Stop: RM0.86 (-3.4%)
Shariah: Yes
Technical: Breakout momentum trade

Stock Name: LCTH (5092)
Entry: Buy above RM0.55
Target: RM0.585 (6.4%), RM0.615 (11.8%)
Stop: RM0.525 (-4.5%)
Shariah: Yes
Technical: Breakout momentum trade

Source: Bloomberg, M+ Online

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