Dow Jones: 24,837.51 pts (+63.21pts, +0.26%)
U.S. stockmarkets ascend to close at fresh record high levels as the Dow gained 0.3%, anchored by the rally in commodity prices. The immediate resistance is located at 25,000.

FBM KLCI: 1,779.10 pts (+7.34pts, +0.41%)
The FBM KLCI (+0.4%) extended its gains yesterday, lifted by the stronger Ringgit against the Greenback coupled with the rising crude oil prices. The immediate resistance is located at 1,790.

Crude Palm Oil: RM2,521 (-RM17, -0.67%)
Crude palm oil prices retreated, taking cue from the weakness in soybean prices. The immediate resistance is envisaged around RM2,550.

WTI Crude Oil: $59.84 (+$0.20, +0.34%)
Crude oil prices trended higher as imports from Saudi Arabia surged. The immediate resistance is located at US$60.

Gold: $1,295.04 (+$7.86, +0.61%)
Gold prices advanced for the sixth straight session as the U.S. Dollar depreciated against a basket of currencies. The immediate resistance will be pegged around US$1,300.

Bursa Malaysia Trade Statistics - 28 Dec 17
Institutions:  Net SELL 59.5 mln (56.7%)
Retail:  Net BUY 5.9 mln (28.3%)
Foreign:  Net BUY 53.6 mln (15.0%)

Potential Momentum Stocks - 29 Dec 17 
Stock Name: MUHIBAH (5703)
Entry: Buy above RM2.87
Target: RM2.99 (4.2%), RM3.10 (8.0%)
Stop: RM2.70 (-5.9%)
Shariah: Yes
Technical: Consolidation breakout

Stock Name: SALUTE (0183)
Entry: Buy above RM1.35
Target: RM1.42 (5.2%), RM1.50 (11.1%)
Stop: RM1.30 (-3.7%)
Shariah: Yes
Technical: Flag-formation breakout

Source: Bloomberg, M+ Online

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