Dow Jones: 24,726.65 pts (-28.10pts, -0.11%)
U.S. stockmarkets extended their losses, despite U.S. new home sales rose to 11-year high in November 2017. The immediate resistance is located at 24,750.

FBM KLCI: 1,746.63 pts (+9.68pts, +0.56%)
The FBM KLCI (+0.6%) staged a quick rebound yesterday to halt a three straight session of losses, lifted by gains in banking heavyweights. The immediate resistance is located at 1,760.

Crude Palm Oil: RM2,499 (-RM22, -0.87%)
Crude palm oil prices extended its losses on lingering concern over the weak demand. The immediate support is envisaged around RM2,500.

WTI Crude Oil: $58.09 (+$0.63, +1.10%)
Crude oil prices advanced after U.S. stockpile level recorded a sharp decline. The immediate resistance is located at US$60.

Gold: $1,265.57 (+$3.87, +0.31%)
Gold prices climbed on stronger demand in safe haven assets. The immediate support will be pegged around US$1,200.

Economic Releases:
JP - Japan's Bank of Japan's Interest Rate Decision, 11.00AM
US - United States' 3Q2017 GDP Growth Rate, 9.30PM

Bursa Malaysia Trade Statistics - 20 Dec 17
Institutions:  Net BUY 5.8 mln (62.4%)
Retail:  Net SELL 36.8 mln (22.5%)
Foreign:  Net BUY 31.0 mln (15.1%)

Potential Momentum Stocks - 21 Dec 17 
Stock Name: HHGROUP (0175)
Entry: Buy above RM0.28
Target: RM0.315 (12.5%), RM0.33 (17.9%)
Stop: RM0.255 (-8.9%)
Shariah: No
Technical: Monitor for breakout

Stock Name: WONG (7050)
Entry: Buy above RM1.17
Target: RM1.30 (11.1%), RM1.42 (21.4%)
Stop: RM1.10 (-6.0%)
Shariah: Yes
Technical: Trendline breakout

Source: Bloomberg, M+ Online

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