Dow Jones: 21,384.28 pts (+24.38pts, +0.11%)
U.S. stockmarkets edged higher last Friday but gains were capped by the weak consumer confidence data. The next resistance is located at 21,500.

FBM KLCI: 1,791.31 pts (+1.30pts, +0.07%)
The FBM KLCI chalked in marginal gains last Friday to close 0.1% higher W.o.W and subsequently rising for the fourth straight week. The immediate resistance is anticipated at 1,800.

Crude Palm Oil: RM2,484 (+RM35, +1.43%)
Crude palm oil prices advanced for the third straight session, taking cue from the gains in soybean oil prices. Support is envisaged around RM2,400.

WTI Crude Oil: $44.74 (-$0.06, -0.13%)
Crude oil prices chalked in marginal gains but retreated for the fourth consecutive week - the longest weekly losses since 2015. The immediate support is pegged at US$43.

Gold: $1,253.73 (+$0.80, +0.06%)
Gold prices ended relatively flat, weighing on the impact of recent US Federal Reserve interest rate hike . Next resistance will be pegged around US$1300.

Economic Releases:
EU - Eurozone's Construction Output - 19 Jun 17, 5.00PM

Bursa Malaysia Trade Statistics - 16 Jun 17
Institutions:  Net BUY 177.6 mln (52.1%)
Retail:  Net BUY 11.7 mln (12.1%)
Foreign:  Net SELL 189.3 mln (35.8%)

Potential Momentum Stocks - 19 Jun 17 
Stock Name: DOMINAN (7169)
Entry: Buy above RM1.28
Target: RM1.35 (5.5%), RM1.45 (13.3%)
Stop: RM1.20 (-6.3%)
Shariah: Yes
Technical: Consolidation breakout

Stock Name: LTKM (7085)
Entry: Buy above RM1.66
Target: RM1.89 (13.9%), RM2.00 (20.5%)
Stop: RM1.54 (-7.2%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

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