Dow Jones: 24,792.20 pts (+140.46pts, +0.57%)
U.S. stockmarkets rose to fresh record high levels overnight as the Dow climbed 0.6% on optimism of tax overhaul. The immediate resistance is located at 24,750.

FBM KLCI: 1,751.64 pts (-1.43pts, -0.08%)
The FBM KLCI (-0.1%) extended its losses yesterday, bucking the positive performance across key regional indices. The immediate resistance is located at 1,770.

Crude Palm Oil: RM2,528 (-RM23, -0.90%)
Crude palm oil prices retreated on concern over the production and stockpile level in December 2017. The immediate support is envisaged around RM2,500.

WTI Crude Oil: $57.16 (-$0.14, -0.24%)
Crude oil prices ended relatively flat as North Seas pipeline repair works accelerated. The immediate resistance is located at US$60.

Gold: $1,262.26 (+$5.82, +0.46%)
Gold prices ended advanced despite the U.S. Dollar appreciated against a basket of currencies. The immediate support will be pegged around US$1,200.

Bursa Malaysia Trade Statistics - 18 Dec 17
Institutions:  Net SELL 66.1 mln (59.6%)
Retail:  Net BUY 7.0 mln (21.9%)
Foreign:  Net BUY 59.1 mln (18.5%)

Potential Momentum Stocks - 19 Dec 17 
Stock Name: KOMARK (7017)
Entry: Buy above RM0.27
Target: RM0.30 (11.1%), RM0.325 (20.4%)
Stop: RM0.245 (-9.3%)
Shariah: Yes
Technical: Trendline breakout

Stock Name: SUNCON (5263)
Entry: Buy above RM2.43
Target: RM2.60 (7.0%), RM2.70 (11.1%)
Stop: RM2.33 (-4.1%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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