Dow Jones: 21,703.75 pts (+29.24pts, +0.13%)
U.S. stockmarkets staged a mild recovery overnight the Dow added 0.1% on bargain hunting activities. The immediate support is located at 21,200.

FBM KLCI: 1,771.62 pts (-4.60pts, -0.26%)
Despite the firmer crude oil prices, the FBM KLCI (-0.3%) trended lower as sentiment was dragged down by the weakness in Wall Street on last Friday. The immediate resistance is located at 1,780.

Crude Palm Oil: RM2,711 (+RM30, +1.12%)
Crude palm oil prices advanced to 4-months high, above the RM2,700 per MT amid the potential lower-than-expected production. The immediate resistance is envisaged around RM2,750.

WTI Crude Oil: $47.37 (-$1.14, -2.35%)
Crude oil prices retreated after OPEC's compliance in production output cut is expected to decline. The next resistance is located at US$52.

Gold: $1,291.88 (+$7.75, +0.60%)
Gold prices advanced on renewed geopolitical tension between U.S. and North Korea. The immediate resistance will be pegged around US$1300.

Bursa Malaysia Trade Statistics - 21 Aug 17
Institutions:  Net BUY 96.9 mln (60.3%)
Retail:  Net BUY 10.8 mln (22.2%)
Foreign:  Net SELL 107.7 mln (17.5%)

Potential Momentum Stocks - 22 Aug 17 
Stock Name: HEVEA (5095)
Entry: Buy above RM1.72
Target: RM1.78 (3.5%), RM1.90 (10.5%)
Stop: RM1.66 (-3.5%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: GESHEN (7197)
Entry: Buy above RM2.27
Target: RM2.46 (8.4%), RM2.65 (16.7%)
Stop: RM2.14 (-5.7%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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