Dow Jones: 25,803.19 pts (+228.46pts, +0.89%)
U.S. stockmarkets extended their gains to fresh record high levels last Friday as the Dow added 0.9% on the 4Q2017 earnings kick-off. The immediate resistance is located at 26,000.

FBM KLCI: 1,822.67 pts (+5.79pts, +0.32%)
The FBM KLCI (+0.3%) snapped a three straight sessions of losses, owing to the higher crude oil prices coupled with the stronger Ringgit against the Greenback. The immediate resistance is located at 1,850.

Crude Palm Oil: RM2,536 (-RM31, -1.21%)
Crude palm oil prices retreated after the Ringgit appreciated against the U.S. Dollar. The immediate resistance is envisaged around RM2,600.

WTI Crude Oil: $64.30 (+$0.50, +0.78%)
Crude oil prices ascend to hit three years high as optimism over demand growth continue to lift sentiment. The immediate resistance is located at US$65.

Gold: $1,337.64 (+$15.20, +1.15%)
Gold prices advanced after the U.S. Dollar retreated against a basket of currencies. The immediate resistance will be pegged around US$1,350.

Bursa Malaysia Trade Statistics - 12 Jan 18
Institutions:  Net SELL 169.2 mln (54.1%)
Retail:  Net SELL 13.1 mln (25.9%)
Foreign:  Net BUY 182.3 mln (20.0%)

Potential Momentum Stocks - 15 Jan 18 
Stock Name: WONG (7050)
Entry: Buy above RM1.25
Target: RM1.42 (13.6%), RM1.50 (20.0%)
Stop: RM1.12 (-10.4%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: KRETAM (1996)
Entry: Buy above RM0.60
Target: RM0.64 (6.7%), RM0.695 (15.8%)
Stop: RM0.57 (-5.0%)
Shariah: Yes
Technical: Flag-formation breakout

Source: Bloomberg, M+ Online

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