Dow Jones: 24,283.11 pts (+30.31pts, +0.12%)
U.S. stockmarkets eke out minor gains as the Dow rose 0.1%, lifted by gains in energy shares after crude oil prices rallied. The immediate support is located at 24,000.

FBM KLCI: 1,675.86 pts (-2.24pts, -0.13%)
The FBM KLCI (-0.1%) extended its losses yesterday, dragged down by weakness in selected banking and telco heavyweights. The immediate support is located at 1,660.

Crude Palm Oil: RM2,277 (-RM13, -0.57%)
Crude palm oil prices retreated amid the weak export demand that could lead to rising stockpiles. The immediate support is envisaged around RM2,200.

WTI Crude Oil: $70.53 (+$2.45, +3.60%)
Crude oil prices rallied as U.S. took a more stringent measure by encouraging its allies to stop importing crude oil from Iran. The immediate resistance is located at US$73.

Gold: $1,259.04 (-$6.60, -0.52%)
Gold prices continue to trend lower after the Greenback appreciated against a basket of currencies. The immediate support will be pegged around US$1,230.

Bursa Malaysia Trade Statistics - 26 Jun 18
Institutions:  Net BUY 180.0 mln (52.2%)
Retail:  Net BUY 31.0 mln (19.4%)
Foreign:  Net SELL 211.0 mln (28.4%)

Potential Momentum Stocks - 27 Jun 18 
Stock Name: EKOVES (8877)
Entry: Buy above RM0.67
Target: RM0.76 (13.4%), RM0.82 (22.4%)
Stop: RM0.605 (-9.7%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: KAREX (5247)
Entry: Buy above RM0.79
Target: RM0.85 (7.6%), RM0.90 (13.9%)
Stop: RM0.745 (-5.7%)
Shariah: No
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

Disclaimer

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.