Dow Jones: 24,117.59 pts (-165.52pts, -0.68%)
U.S. stockmarkets retreated overnight as the Dow fell 0.7% after pare off all its intraday gains, dragged down by weakness in banking and technology shares. The immediate support is located at 24,000.

FBM KLCI: 1,666.08 pts (-9.78pts, -0.58%)
The FBM KLCI (-0.6%) remained downbeat after erasing all its intraday gains in line with the weakness across key regional indices. The immediate support is located at 1,660.

Crude Palm Oil: RM2,315 (+RM38, +1.67%)
Crude palm oil prices rebounded, taking cue from the higher soybean oil prices coupled with the weaker Ringgit against the Greenback. The immediate support is envisaged around RM2,250.

WTI Crude Oil: $72.76 (+$2.23, +3.14%)
Crude oil prices extended its gains amid the supply disruption in Libya and Canada coupled with the larger-than-expected inventory drawdown in U.S. The immediate resistance is located at US$73.

Gold: $1,252.35 (-$6.69, -0.53%)
Gold prices trended lower for the third straight session, pressured by the strength in U.S. Dollar. The immediate support will be pegged around US$1,220.

Economic Releases:
JP - Japan's Retail Sales, 7.50AM
EU - Eurozone's Business Confidence, 5.00PM
US - United States' 1Q2018 GDP Growth Rate, 8.30PM

Bursa Malaysia Trade Statistics - 27 Jun 18
Institutions:  Net BUY 210.4 mln (49.6%)
Retail:  Net BUY 45.9 mln (19.6%)
Foreign:  Net SELL 256.3 mln (30.8%)

Potential Momentum Stocks - 28 Jun 18 
Stock Name: IJM (3336)
Entry: Buy above RM1.88
Target: RM2.06 (9.6%), RM2.15 (14.4%)
Stop: RM1.760 (-6.4%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: POS (4634)
Entry: Buy above RM4.03
Target: RM4.20 (4.2%), RM4.42 (9.7%)
Stop: RM3.89 (-3.5%)
Shariah: Yes
Technical: Bullish engulfing candle

Source: Bloomberg, M+ Online

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