Dow Jones: 24,754.06 pts (-28.23pts, -0.11%)
U.S. stockmarkets staged a mild pullback on last Friday as the Dow fell 0.1% after investors booked profits ahead of the extended weekend festive break. The immediate resistance is located at 24,750.

FBM KLCI: 1,760.24 pts (+9.03pts, +0.52%)
The FBM KLCI (+0.5%) advanced for the third straight session on last Friday, underpinned by window dressing activities. The immediate resistance is located at 1,770.

Crude Palm Oil: RM2,451 (+RM2, +0.08%)
Crude palm oil prices managed to recover all its intraday losses and formed a hammer candle but fell 2.7% W.o.W. The immediate support is envisaged around RM2,400.

WTI Crude Oil: $58.47 (+$0.11, +0.19%)
Crude oil prices inched higher for the fourth straight session amid the flattish oil rig count. The immediate resistance is located at US$60.

Gold: $1,274.16 (-$0.21, -0.02%)
Gold prices advanced, despite the U.S. Dollar appreciated against a basket of currencies. The immediate support will be pegged around US$1,200.

Economic Releases:
JP - Japan's Inflation Rate, 7.30AM
JP - Japan's Unemployment Rate, 7.30AM

Bursa Malaysia Trade Statistics - 22Dec17
Institutions:  Net SELL 22.6 mln (63.3%)
Retail:  Net SELL 24.7 mln (21.5%)
Foreign:  Net BUY 47.3 mln (15.2%)

Potential Momentum Stocks - 26 Dec 17 
Stock Name: KGB (0151)
Entry: Buy above RM0.805
Target: RM0.90 (11.8%), RM0.95 (18.0%)
Stop: RM0.76 (-5.6%)
Shariah: Yes
Technical: Symmetrical triangle formation breakout

Stock Name: JAKS (4723)
Entry: Buy above RM1.49
Target: RM1.55 (4.0%), RM1.61 (8.1%)
Stop: RM1.45 (-2.7%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

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