Dow Jones: 24,754.75 pts (-37.45pts, -0.15%)
U.S. stockmarkets retreated overnight as the Dow fell 0.2%, dragged down by weakness in technology shares. The immediate resistance is located at 24,750.

FBM KLCI: 1,736.95 pts (-14.69pts, -0.84%)
The FBM KLCI (-0.8%) endured another round of selling pressure amongst selective index heavyweights yesterday as the key index recorded its third consecutive losing streak. The immediate support is located at 1,730.

Crude Palm Oil: RM2,521 (-RM7, -0.28%)
Crude palm oil prices extended its losses as concern over the sluggish demand persisted. The immediate support is envisaged around RM2,500.

WTI Crude Oil: $57.56 (+$0.40, +0.70%)
Crude oil prices advanced on larger-than-expected in contraction of U.S. stockpiles. The immediate resistance is located at US$60.

Gold: $1,261.70 (-$0.56, -0.04%)
Gold prices closed marginally lower as it remains within the consolidation band. The immediate support will be pegged around US$1,200.

Bursa Malaysia Trade Statistics - 19 Dec 17
Institutions:  Net BUY 115.4 mln (63.1%)
Retail:  Net BUY 28.5 mln (19.4%)
Foreign:  Net SELL 143.9 mln (17.5%)

Potential Momentum Stocks - 20 Dec 17 
Stock Name: OCNCASH (0049)
Entry: Buy above RM0.72
Target: RM0.785 (9.0%), RM0.84 (16.7%)
Stop: RM0.685 (-4.9%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: GHLSYS (0021)
Entry: Buy above RM1.41
Target: RM1.59 (12.8%), RM1.68 (19.1%)
Stop: RM1.28 (-9.2%)
Shariah: Yes
Technical: Consolidation breakout

Source: Bloomberg, M+ Online

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