Dow Jones: 24,311.19 pts (-11.15pts, -0.05%)
U.S. stockmarkets ended relatively flat last Friday as the Dow fell 0.1%, impacted by the weak 1Q2018 GDP (+2.3% Y.o.Y) data – the slowest expansion over the past three quarters. The immediate resistance is located at 25,000.

FBM KLCI: 1,863.47 pts (+11.20pts, +0.60%)
The FBM KLCI (+0.6%) extended its gains following the positive developments between North and South Korea. The immediate resistance is located at 1,880.

Crude Palm Oil: RM2,382 (-RM7, -0.29%)
Crude palm oil prices trended lower for the third straight session amid the lingering concern over the slow demand. The immediate support is envisaged around RM2,350.

WTI Crude Oil: $68.10 (-$0.09, -0.13%)
Crude oil prices trended marginally lower after trimming most of its intraday losses as investors continue to monitor the development in Iran.  The immediate resistance is located at US$70.

Gold: $1,324.00 (+$7.20, +0.55%)
Gold prices rebounded after the U.S. Dollar weakened against a basket of currencies amid the weak economic growth data. The immediate resistance will be pegged around US$1,360.

Bursa Malaysia Trade Statistics - 27 Apr 18
Institutions:  Net SELL 224.4 mln (51.0%)
Retail:  Net SELL 52.9 mln (16.0%)
Foreign:  Net BUY 277.3 mln (33.0%)

Potential Momentum Stocks - 30 Apr 18 
Stock Name: KRONO (0176)
Entry: Buy above RM0.64
Target: RM0.72 (12.5%), RM0.785 (22.7%)
Stop: RM0.585 (-8.6%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: MMSV (0113)
Entry: Buy above RM1.45
Target: RM1.55 (6.9%), RM1.67 (15.2%)
Stop: RM1.38 (-4.8%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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