Dow Jones: 24,753.09 pts (-58.67pts, -0.24%)
U.S. stockmarkets extended their losses on last Friday as the Dow fell 0.2%, dragged down by the weakness in energy shares. The immediate resistance is located at 25,800.

FBM KLCI: 1,797.40 pts (+21.74pts, +1.22%)
The FBM KLCI (+1.2%) rebounded from a four-day selldown on bargain hunting activities in selected index heavyweights. The immediate resistance is located at 1,800.

Crude Palm Oil: RM2,455 (-RM37, -1.48%)
Crude palm oil prices retreated on expectation over the sluggish export data. The immediate resistance is envisaged around RM2,500.

WTI Crude Oil: $67.88 (-$2.83, -3.97%)
Crude oil prices took a beating after OPEC and major oil producers are anticipating to increase 1.0 mln barrels of crude oil production per day. The immediate resistance is located at US$70.

Gold: $1,302.25 (-$2.38, -0.18%)
Gold prices retreated after the U.S. Dollar advanced against a basket of currencies. The immediate support will be pegged around US$1,260.

Bursa Malaysia Trade Statistics - 25 May 18
Institutions:  Net SELL 26.1 mln (52.0%)
Retail:  Net BUY 106.3 mln (18.0%)
Foreign:  Net SELL 80.2 mln (30.0%)

Potential Momentum Stocks - 28 May 18 
Stock Name: NOTION (0083)
Entry: Buy above RM0.615
Target: RM0.695 (13.0%), RM0.745 (21.1%)
Stop: RM0.56 (-8.9%)
Shariah: Yes
Technical: Monitor for trendline breakout

Stock Name: STAR (6084)
Entry: Buy above RM1.10
Target: RM1.19 (8.2%), RM1.26 (14.5%)
Stop: RM1.04 (-5.5%)
Shariah: Yes
Technical: Flag-formation breakout

Source: Bloomberg, M+ Online

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