Dow Jones: 24,448.69 pts (-14.25pts, -0.06%)
U.S. stockmarkets closed on a mixed note as the Dow (-0.1%) extended its losses overnight after erasing all its intraday gains, while the S&P 500 added 0.01%, lifted by the telecommunication sector (+1.1%). The immediate resistance is located at 25,000.

FBM KLCI: 1,880.36 pts (-7.39pts, -0.39%)
The FBM KLCI (-0.4%) extended its losses yesterday after 10-year bond yield rose to its highest level in 16-months. The immediate support is located at 1,860.

Crude Palm Oil: RM2,414 (-RM6, -0.25%)
Crude palm oil prices closed lower, taking cue from the weakness in soybean oil prices. The immediate support is envisaged around RM2,350.

WTI Crude Oil: $68.40 (+$0.11, +0.16%)
Crude oil prices advanced to three-year high as geopolitical tension between Saudi Arabia and Yemen heats up.  The immediate resistance is located at US$70.

Gold: $1,336.36 (-$9.17, -0.68%)
Gold prices retreated as the U.S. Dollar appreciated against a basket of currencies. The immediate resistance will be pegged around US$1,360.

Economic Releases:
US - United States' New Home Sales, 10.00PM

Bursa Malaysia Trade Statistics - 23 Apr 18
Institutions:  Net SELL 52.7 mln (55.2%)
Retail:  Net BUY 16.8 mln (20.9%)
Foreign:  Net BUY 35.9 mln (23.9%)

Potential Momentum Stocks - 24 Apr 18 
Stock Name: LEESK (8079)
Entry: Buy above RM0.67
Target: RM0.73 (9.0%), RM0.78 (16.4%)
Stop: RM0.62 (-7.5%)
Shariah: Yes
Technical: Symmetrical triangle formation breakout

Stock Name: N2N (0108)
Entry: Buy above RM0.88
Target: RM0.94 (6.8%), RM1.00 (13.6%)
Stop: RM0.845 (-4.0%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

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