Dow Jones: 21,674.51 pts (-76.22pts, -0.35%)
U.S. stockmarkets extended their losses on last Friday as the Dow (-0.4%) amid the political uncertainty over President Donald Trump administration. The immediate support is located at 21,200.

FBM KLCI: 1,776.22 pts (-0.09pts, -0.01%)
The FBM KLCI (-0.1%) ended marginally lower after the stronger-than-expected 2Q2017 GDP data trim most of its intraday losses. The immediate resistance is located at 1,780.

Crude Palm Oil: RM2,681 (+RM23, +0.87%)
Crude palm oil prices extended their gains on expectation over stronger demand coupled with the weaker Ringgit against the Greenback. The immediate resistance is envisaged around RM2,700.

WTI Crude Oil: $48.51 (+$1.42, +3.02%)
Crude oil prices rallied after the weekly U.S. oil rigs fall the most since mid-January 2017. The next resistance is located at US$52.

Gold: $1,284.13 (-$4.02, -0.31%)
Gold prices retreated amid the stronger U.S. Dollar against a basket of currencies. The immediate resistance will be pegged around US$1300.

Bursa Malaysia Trade Statistics - 18 Aug 17
Institutions:  Net BUY 137.0 mln (55.2%)
Retail:  Net SELL 26.6 mln (25.4%)
Foreign:  Net SELL 110.4 mln (19.4%)

Potential Momentum Stocks - 21 Aug 17 
Stock Name: OCNCASH (0049)
Entry: Buy above RM0.725
Target: RM0.82 (13.1%), RM0.86 (18.6%)
Stop: RM0.675 (-6.9%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: TRC (5054)
Entry: Buy above RM0.77
Target: RM0.805 (4.5%), RM0.85 (10.4%)
Stop: RM0.725 (-5.8%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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