Dow Jones: 25,309.99 pts (+347.51pts, +1.39%)
U.S. stockmarkets extended their gains last Friday as the Dow jumped 1.4% higher on the hawkish semi-annual monetary-policy report that did not suggest for an aggressive monetary policy action. The immediate resistance is located at 25,500.

FBM KLCI: 1,861.50 pts (+6.43pts, +0.35%)
The FBM KLCI +0.4%) climbed higher in tandem with gains with the commodity prices. The immediate resistance is located at 1,870.

Crude Palm Oil: RM2,523 (+RM35, +1.41%)
Crude palm oil prices advanced alongside with the gains in soybean oil prices coupled with the positive export demand. The immediate resistance is envisaged around RM2,550.

WTI Crude Oil: $63.55 (+$0.78, +1.24%)
Crude oil prices extended its gains on supply disruption in Libya. The immediate resistance is located at US$67.

Gold: $1,328.71 (-$3.34, -0.25%)
Gold prices retreated as demand for safe haven assets faded. The immediate support will be pegged around US$1,300.

Economic Releases:
US - United States' New Home Sales, 11.00PM

Bursa Malaysia Trade Statistics - 23 Feb 18
Institutions: Net SELL 50.0 mln (55.6%)
Retail: Net BUY 1.5 mln (21.6%)
Foreign: Net BUY 48.5 mln (22.8%)

Potential Momentum Stocks - 26 Feb 18
Stock Name: GBGAQRS (5226)
Entry: Buy above RM1.95
Target: RM2.08 (6.7%), RM2.16 (10.8%)
Stop: RM1.87 (-4.1%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: KGB (0151)
Entry: Buy above RM0.835
Target: RM0.90 (7.8%), RM0.95 (13.8%)
Stop: RM0.79 (-5.4%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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