Dow Jones: 24,657.80 pts (-42.41pts, -0.17%)
U.S. stockmarkets closed mixed overnight as the Dow (-0.2%) recorded its seventh consecutive days of decline amid uncertainty surrounding trade policy, but the S&P 500 added 0.2% whilst the Nasdaq (+0.7%) closed at a fresh record high level at 7,781.51 pts. The immediate support is located at 24,500.

FBM KLCI: 1,709.75 pts (-5.61pts, -0.33%)
Despite hovering mostly in the positive territory, the FBM KLCI (-0.3%) succumbed to quick selling pressure in the eleventh trading hour as the key index retreated for the eighth straight session. The immediate support is located at 1,710.

Crude Palm Oil: RM2,262 (-RM1, -0.04%)
Crude palm oil prices trended marginally lower in line with the weakness in soybean oil prices overnight. The immediate support is envisaged around RM2,200.

WTI Crude Oil: $65.71 (+$0.64, +0.98%)
Crude oil prices rebounded after the U.S. government data revealed the biggest weekly decline in U.S. crude supplies since January 2018. The immediate support is located at US$62.

Gold: $1,267.86 (-$6.80, -0.53%)
Gold prices finished lower for the fourth straight day to close at its lowest level year-to-date. The immediate support will be pegged around US$1,260.

Economic Releases:
UK - United Kingdom's Bank of England's Interest Rate Decision, 7.00PM

Bursa Malaysia Trade Statistics - 20 Jun 18
Institutions:  Net BUY 341.5 mln (50.7%)
Retail:  Net BUY 42.5 mln (18.7%)
Foreign:  Net SELL 384.0 mln (30.6%)

Potential Momentum Stocks - 21 Jun 18 
Stock Name: CCK (7035)
Entry: Buy above RM0.92
Target: RM1.01 (9.8%), RM1.05 (14.1%)
Stop: RM0.85 (-7.6%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: E&O (3417)
Entry: Buy above RM1.59
Target: RM1.69 (6.3%), RM1.80 (13.2%)
Stop: RM1.55 (-2.5%)
Shariah: Yes
Technical: Flag-formation breakout

Source: Bloomberg, M+ Online

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