Dow Jones: 24,924.89 pts (+224.44pts, +0.91%)
U.S. stockmarkets staged a sharp rally as the Dow (+0.9%) recovered all its previous session losses after U.S. and China are willing to resume trade talks. The immediate support is located at 24,000.

FBM KLCI: 1,703.57 pts (+14.80pts, +0.88%)
The FBM KLCI (+0.9%) registered its fourth straight winning streak yesterday in line with gains across regional peers. The immediate support is located at 1,660.

Crude Palm Oil: RM2,186 (-RM18, -0.82%)
Crude palm oil prices trended lower to close at its lowest level since September 2015 on sluggish demand. The immediate resistance is support around RM2,160.

WTI Crude Oil: $70.33 (-$0.05, -0.07%)
Crude oil prices edged marginally lower amid the resumption of supply in Libya and Canada. The immediate resistance is located at US$75.

Gold: $1,247.38 (+$5.42, +0.44%)
Gold prices rebounded after the Greenback weakened against a basket of currencies. The immediate support will be pegged around US$1,220.

Bursa Malaysia Trade Statistics - 12 Jul 18
Institutions:  Net BUY 73.3 mln (50.2%)
Retail:  Net SELL 21.3 mln (23.3%)
Foreign:  Net SELL 52.0 mln (26.5%)

Potential Momentum Stocks - 13 Jul 18 
Stock Name: CAELY (7154)
Entry: Buy above RM0.86
Target: RM0.99 (15.1%), RM1.03 (19.8%)
Stop: RM0.77 (-10.5%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: TUNEPRO (5230)
Entry: Buy above RM0.905
Target: RM0.965 (6.6%), RM1.04 (14.9%)
Stop: RM0.85 (-6.1%)
Shariah: No
Technical: Symmetrical triangle formation breakout

Source: Bloomberg, M+ Online

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