Dow Jones: 24,987.47 pts (-103.01pts, -0.41%)
U.S. stockmarkets extended their losses as the Dow declined 0.4% overnight amid the escalating trade dispute between U.S. and China. The immediate support is located at 24,500.

FBM KLCI: 1,743.43 pts (-18.35pts, -1.04%)
The FBM KLCI (-1.0%) trended lower for the sixth straight session after lingering in the negative territory yesterday, dragged down by selling pressure in selected index heavyweights by foreign funds. The immediate support is located at 1,710.

Crude Palm Oil: RM2,307 (-RM29, -1.24%)
Crude palm oil prices retreated on trade dispute between U.S. and China coupled with weaker exports data in early-mid June 2018. The immediate support is envisaged around RM2,300.

WTI Crude Oil: $65.85 (+$0.79, +1.21%)
Crude oil prices rebounded from its previous session selloff, lifted by anticipation of smaller-than-expected production increase by OPEC members. The immediate support is located at US$62.

Gold: $1,278.32 (-$0.62, -0.05%)
Gold prices extended its losses as the U.S. Dollar continues to gain momentum against a basket of currencies. The immediate support will be pegged around US$1,260.

Bursa Malaysia Trade Statistics - 18 Jun 18
Institutions:  Net BUY 190.1 mln (46.5%)
Retail:  Net BUY 48.7 mln (17.8%)
Foreign:  Net SELL 238.8 mln (35.7%)

Potential Momentum Stocks - 19 Jun 18 
Stock Name: JOHOTIN (7167)
Entry: Buy above RM1.04
Target: RM1.12 (7.7%), RM1.17 (12.5%)
Stop: RM0.98 (-5.8%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: FPI (9172)
Entry: Buy above RM1.41
Target: RM1.48 (5.0%), RM1.55 (9.9%)
Stop: RM1.35 (-4.3%)
Shariah: No
Technical: Trendline breakout

Source: Bloomberg, M+ Online

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