Dow Jones: 21,080.28 pts (-2.67pts, -0.01%)
Wall Street finished mixed, as investors took to the sidelines ahead of the long weekend due to the Memorial Day holiday celebrations. The Dow flatlined, ending a six-day winning streak, weighed down Home Depot. 

FBM KLCI: 1,772.30 pts (-1.66pts, -0.09%)
The FBM KLCI slipped into the negative territory on Friday's close, on renewed concerns over burgeoning crude oil supply, despite the OPEC's decision to extend its production cut for another nine months.  The key-index is likely to stay rangebound in-between 1759 to 1783. 

Crude Palm Oil: RM2,555 (-RM52, -1.99%)
Crude palm oil continued its downward momentum, in-tandem with the weaker performance in other related oils and a strengthening Ringgit. Support is envisaged around RM2,450.

WTI Crude Oil: $49.80 (+$0.90, +1.85%)
Crude oil prices saw some buying-support after a steep selldown last Thursday - led by the absence of a deeper cut to OPEC's production level, although majority oil exporters agreed to extend its previous production deal by another nine months. Resistance will be pegged around US$50.

Gold: $1,266.76 (+$11.09, +0.88%)
Gold prices notched 0.9% gains, anchored by ongoing political controversies in the United States. Next resistance will be located around US$1,270.

Bursa Malaysia Trade Statistics - 26 May 17
Institutions:  Net SELL 129.0 mln (55.5%)
Retail:  Net SELL 30.4 mln (21.8%)
Foreign:  Net BUY 159.4 mln (22.7%)

Potential Momentum Stocks - 29 May 17 
Stock Name: RANHILL (5272)
Entry: Buy above RM0.885
Target: RM0.965 (9.0%), RM1.01 (14.1%)
Stop: RM0.865 (-2.3%)
Shariah: Yes
Technical: Breakout momentum trade

Stock Name: IKHMAS (5268)
Entry: Buy above RM0.725
Target: RM0.75 (3.4%), RM0.79 (9.0%)
Stop: RM0.70 (-3.4%)
Shariah: Yes
Technical: Breakout momentum trade

Source: Bloomberg, M+ Online

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