Dow Jones: 24,322.34 pts (+238.51pts, +0.99%)
U.S. stockmarkets extended their gains as the Dow jumped 1.0% higher overnight, boosted by a string of stronger-than-expected corporate earnings. The immediate resistance is located at 25,000.

FBM KLCI: 1,852.27 pts (+0.34pts, +0.02%)
The FBM KLCI (+0.02%) edged marginally higher after pare off most of its intraday gains yesterday amid the volatile Asian stockmarkets. The immediate support is located at 1,840.

Crude Palm Oil: RM2,389 (-RM8, -0.33%)
Crude palm oil prices extended its losses on lingering concern over the sluggish demand from China and India. The immediate support is envisaged around RM2,350.

WTI Crude Oil: $68.19 (+$0.14, +0.21%)
Crude oil prices extended its gains, despite the rising U.S. inventory level.  The immediate resistance is located at US$70.

Gold: $1,316.80 (-$6.33, -0.48%)
Gold prices extended its losses as the U.S. Dollar advanced after the European Central Bank stood pat at is accommodative monetary policy. The immediate resistance will be pegged around US$1,360.

Economic Releases:
JP - Japan's Bank of Japan Interest Rate Decision, 11.20AM
EU - Eurozone's Business Confidence, 5.00PM

Bursa Malaysia Trade Statistics - 26 Apr 18
Institutions:  Net BUY 34.9 mln (55.4%)
Retail:  Net SELL 25.7 mln (17.1%)
Foreign:  Net SELL 9.2 mln (27.5%)

Potential Momentum Stocks - 27 Apr 18 
Stock Name: D&O (7204)
Entry: Buy above RM0.63
Target: RM0.675 (7.1%), RM0.71 (12.7%)
Stop: RM0.605 (-4.0%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: ANCOM (4758)
Entry: Buy above RM0.58
Target: RM0.635 (9.5%), RM0.67 (15.5%)
Stop: RM0.555 (-4.3%)
Shariah: Yes
Technical: Flag-formation breakout

Source: Bloomberg, M+ Online

Disclaimer

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.