Dow Jones: 26,252.12 pts (+41.31pts, +0.16%)
U.S. stockmarkets recouped all their intraday losses as the Dow climbed 0.2%, boosted by banking and technology shares. The immediate resistance is located at 26,500.

FBM KLCI: 1,837.04 pts (-1.00pts, -0.05%)
Despite the stronger Ringgit against Greenback, the FBM KLCI (-0.1%) edged lower yesterday. The immediate resistance is located at 1,850.

Crude Palm Oil: RM2,521 (+RM27, +1.08%)
Crude palm oil prices advanced for the third straight session on optimism over the decline in production output. The immediate resistance is envisaged around RM2,550.

WTI Crude Oil: $65.61 (+$1.14, +1.77%)
Crude oil prices rallied after U.S. inventory level fell for the 10th straight week. The immediate resistance is located at US$70.

Gold: $1,358.46 (+$17.25, +1.29%)
Gold prices rallied after the U.S. Dollar weakened against a basket of currencies. The immediate resistance will be pegged around US$1,350.

Economic Releases:
EU - Eurozone's European Central Bank Interest Rate Decision, 8.45PM
US - United States' New Home Sales, 11.00PM

Bursa Malaysia Trade Statistics - 24 Jan 18
Institutions:  Net SELL 136.4 mln (53.8%)
Retail:  Net BUY 42.7 mln (27.3%)
Foreign:  Net BUY 93.7 mln (18.9%)

Potential Momentum Stocks - 25 Jan 18 
Stock Name: LEWEKO (8745)
Entry: Buy above RM0.34
Target: RM0.365 (7.4%), RM0.405 (19.1%)
Stop: RM0.315 (-7.4%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: PANTECH (5125)
Entry: Buy above RM0.655
Target: RM0.705 (7.6%), RM0.74 (13.0%)
Stop: RM0.625 (-4.6%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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