Dow Jones: 24,083.83 pts (+59.70pts, +0.25%)
U.S. stockmarkets staged a mild rebound from their previous session slump as the Dow climbed 0.3%, lifted by stronger-than-expected earnings from Facebook. The immediate support is located at 23,200.
FBM KLCI: 1,851.93 pts (-13.41pts, -0.72%)
The FBM KLCI (-0.7%) trended lower for the fourth straight session amid the extended profit taking in large cap companies. The immediate support is located at 1,840.
Crude Palm Oil: RM2,397 (RM0, 0.00%)
Crude palm oil prices erased all its intraday gains to close flat amid the sluggish demand from China and India. The immediate support is envisaged around RM2,350.
WTI Crude Oil: $68.05 (+$0.35, +0.52%)
Crude oil prices rebounded as geopolitical uncertainty took centre stage. The immediate resistance is located at US$70.
Gold: $1,323.13 (-$7.22, -0.54%)
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:
EU - Eurozone's European Central Bank Interest Rate Decision, 7.45PM
Bursa Malaysia Trade Statistics - 25 Apr 18
Institutions: Net BUY 39.4 mln (57.9%)
Retail: Net BUY 48.6 mln (18.7%)
Foreign: Net SELL 88.0 mln (23.4%)
Potential Momentum Stocks - 26 Apr 18
Stock Name: ECOWLD (8206)
Entry: Buy above RM1.13
Target: RM1.22 (8.0%), RM1.27 (12.4%)
Stop: RM1.06 (-6.2%)
Shariah: Yes
Technical: Monitor for breakout
Stock Name: N2N (0108)
Entry: Buy above RM0.90
Target: RM0.97 (7.8%), RM1.02 (13.3%)
Stop: RM0.845 (-6.1%)
Shariah: Yes
Technical: Monitor for trendline breakout
Source: Bloomberg, M+ Online
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