Dow Jones: 24,231.59 pts (-40.76pts, -0.17%)
U.S. stockmarkets closed lower last Friday as the Dow declined 0.2% but managed to recoup most of its intraday losses on renewed political uncertainty. The immediate resistance is located at 24,000.

FBM KLCI: 1,717.86 pts (-2.52pts, -0.15%)
The FBM KLCI (-0.2%) retreated on last Thursday ahead of the holiday-shortened weekend break. The immediate resistance is located at 1,730.

Crude Palm Oil: RM2,603 (+RM40, +1.56%)
Crude palm oil prices advanced on floods and weather warnings in the east coast of Peninsular Malaysia. The immediate support is envisaged around RM2,500.

WTI Crude Oil: $58.36 (+$0.10, +0.18%)
Crude oil prices advanced after OPEC decided to extend its production cut till end-2018. The immediate resistance is located at US$60.

Gold: $1,280.62 (+$5.61, +0.44%)
Gold prices advanced although the Greenback appreciated against a basket of currencies. The immediate support will be pegged around US$1,250.

Bursa Malaysia Trade Statistics - 1 Dec 17
Institutions:  Net SELL 51.7 mln (36.6%)
Retail:  Net SELL 11.1 mln (7.6%)
Foreign:  Net BUY 62.8 mln (55.8%)

Potential Momentum Stocks - 4 Dec 17 
Stock Name: KGB (0151)
Entry: Buy above RM0.78
Target: RM0.850 (9.0%), RM0.90 (15.4%)
Stop: RM0.71 (-9.0%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: GBGAQRS (5226)
Entry: Buy above RM2.00
Target: RM2.20 (10.0%), RM2.30 (15.0%)
Stop: RM1.89 (-5.5%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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