Dow Jones: 24,580.89 pts (+119.19pts, +0.49%)
U.S. stockmarkets rebounded overnight as the Dow (+0.5%) snapped an eight-day losing streak, lifted by gains in energy shares after crude oil prices rallied. The immediate support is located at 24,500.

FBM KLCI: 1,694.15 pts (+1.83pts, +0.11%)
The FBM KLCI (+0.1%) halted a nine-day losing streak after recovering all its intraday losses last Friday. The immediate support is located at 1,660.

Crude Palm Oil: RM2,284 (+RM33, +1.47%)
Crude palm oil prices advanced on the weaker Ringgit against the Greenback. The immediate support is envisaged around RM2,200.

WTI Crude Oil: $68.58 (+$3.04, +4.65%)
Crude oil prices recovered all its previous session losses after OPEC and Russia oil ministers agreed to increase a smaller-than-expected production. The immediate resistance is located at US$70.

Gold: $1,270.56 (+$3.37, +0.27%)
Gold prices rebounded after the Greenback retreated against a basket of currencies. The immediate support will be pegged around US$1,260.

Economic Releases:
US - United States' New Home Sales, 10.00PM

Bursa Malaysia Trade Statistics - 22 Jun 18
Institutions:  Net BUY 394.1 mln (45.3%)
Retail:  Net BUY 49.9 mln (18.2%)
Foreign:  Net SELL 444.0 mln (36.5%)

Potential Momentum Stocks - 25 Jun 18 
Stock Name: ECONBHD (5253)
Entry: Buy above RM0.755
Target: RM0.85 (12.6%), RM0.90 (19.2%)
Stop: RM0.68 (-9.9%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: OPCOM (0035)
Entry: Buy above RM0.85
Target: RM0.95 (11.8%), RM1.00 (17.6%)
Stop: RM0.80 (-5.9%)
Shariah: Yes
Technical: Consolidation breakout

Source: Bloomberg, M+ Online

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