Dow Jones: 24,922.68 pts (+98.67pts, +0.40%)
U.S. stockmarkets ascend to fresh record high levels as the Dow climbed 0.4%, lifted by the strong manufacturing data in December 2017 that expanded at its fastest pace in three months. The immediate resistance is located at 25,000.

FBM KLCI: 1,792.79 pts (+10.09pts, +0.57%)
The FBM KLCI (+0.6%) recouped most of its previous session losses as gains were in line with the positive sentiment across global stockmarkets. The immediate resistance is located at 1,800.

Crude Palm Oil: RM2,606 (+RM74, +2.92%)
Crude palm oil prices extended its gains on expectation over the recovery in exports coupled with drawdown in inventory level. The immediate resistance is envisaged around RM2,650.

WTI Crude Oil: $61.63 (+$1.26, +2.10%)
Crude oil prices rallied on the back of a larger-than-expected drawdown in U.S. crude inventories. The immediate resistance is located at US$63.

Gold: $1,313.21 (-$4.35, -0.33%)
Gold prices halted its eighth streak of advance after the U.S. Dollar appreciated against a basket of currencies. The immediate resistance will be pegged around US$1,350.

Economic Releases:
JP - Japan's Nikkei Manufacturing PMI, 8.30AM
EU - Eurozone's Markit Composite PMI, 5.00PM
EU - Eurozone's Markit Services PMI, 5.00PM
US - United States' Markit Composite PMI, 10.45PM
US - United States' Markit Services PMI, 10.45PM

Bursa Malaysia Trade Statistics - 3 Jan 18
Institutions:  Net SELL 267.3 mln (53.2%)
Retail:  Net SELL 43.3 mln (28.8%)
Foreign:  Net BUY 310.6 mln (18.0%)

Potential Momentum Stocks - 4 Jan 18 
Stock Name: AIRASIA (5099)
Entry: Buy above RM3.38
Target: RM3.53 (4.4%), RM3.59 (6.2%)
Stop: RM3.28 (-3.0%)
Shariah: No
Technical: Consolidation breakout

Stock Name: CENTURY (7117)
Entry: Buy above RM1.04
Target: RM1.12 (7.7%), RM1.18 (13.5%)
Stop: RM0.985 (-5.3%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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