Dow Jones: 24,786.63 pts (+213.59pts, +0.87%)
U.S. stockmarkets extended their gains as the Dow climbed 0.9% overnight, boosted by a string of robust corporate earnings from Goldman Sachs, IBM, Johnson & Johnson and UnitedHealth. The immediate resistance is located at 25,000.

FBM KLCI: 1,880.49 pts (+1.73pts, +0.09%)
The FBM KLCI (+0.1%) extended its gains yesterday, supported by buying interest in Petronas-related heavyweights. The immediate resistance is located at 1,890.

Crude Palm Oil: RM2,408 (+RM39, +1.65%)
Crude palm oil prices rebounded in tandem with the recovery in soybean oil prices. The immediate support is envisaged around RM2,350.

WTI Crude Oil: $66.52 (+$0.30, +0.45%)
Crude oil prices rose on the unexpected reduction in U.S. inventory level.  The immediate resistance is located at US$70.

Gold: $1,347.52 (+$1.59, +0.12%)
Gold prices advanced after recouping all its intraday losses. The immediate resistance will be pegged around US$1,360.

Economic Releases:
MY - Malaysia's Inflation Rate, 12.00PM
UK - United Kingdom's Inflation Rate, 4.30PM
EU - Eurozone's Inflation Rate, 5.00PM

Bursa Malaysia Trade Statistics - 17 Apr 18
Institutions:  Net BUY 97.1 mln (50.9%)
Retail:  Net SELL 29.0 mln (22.4%)
Foreign:  Net SELL 68.1 mln (26.7%)

Potential Momentum Stocks - 18 Apr 18 
Stock Name: MUDA (3883)
Entry: Buy above RM1.99
Target: RM2.30 (15.6%), RM2.47 (24.1%)
Stop: RM1.73 (-13.1%)
Shariah: Yes
Technical: Trendline breakout

Stock Name: ORNA (5065)
Entry: Buy above RM1.46
Target: RM1.58 (8.2%), RM1.67 (14.4%)
Stop: RM1.36 (-6.8%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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