Dow Jones: 24,811.76 pts (-75.05pts, -0.30%)
U.S. stockmarkets retreated after recouping most of their intraday losses as the Dow fell 0.3% after President Donald Trump cancelled a planned summit meeting with North Korean leader Kim Jong Un. The immediate resistance is located at 25,800.

FBM KLCI: 1,775.66 pts (-28.59pts, -1.58%)
The FBM KLCI (-1.6%) erased all its year-to-date gains as the key index sank below the 1,800 psychological level yesterday. The immediate support is located at 1,800.

Crude Palm Oil: RM2,492 (+RM19, +0.77%)
Crude palm oil prices rebounded on weaker Ringgit against the Greenback coupled with anticipation over lower production. The immediate resistance is envisaged around RM2,500.

WTI Crude Oil: $70.71 (-$1.13, -1.57%)
Crude oil prices formed a bearish candle on expectation OPEC may increase output production. The immediate resistance is located at US$75.

Gold: $1,304.63 (+$11.22, +0.87%)
Gold prices advanced on rising geopolitical tension between U.S. and North Korea. The immediate support will be pegged around US$1,260.

Bursa Malaysia Trade Statistics - 24 May 18
Institutions:  Net BUY 226.5 mln (55.5%)
Retail:  Net BUY 96.3 mln (20.4%)
Foreign:  Net SELL 322.8 mln (24.1%)

Potential Momentum Stocks - 25 May 18 
Stock Name: AEON (6599)
Entry: Buy above RM2.37
Target: RM2.66 (12.2%), RM2.83 (19.4%)
Stop: RM2.16 (-8.9%)
Shariah: Yes
Technical: Monitor for trendline breakout

Stock Name: PESTECH (5219)
Entry: Buy above RM1.64
Target: RM1.79 (9.1%), RM1.88 (14.6%)
Stop: RM1.54 (-6.1%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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