Dow Jones: 25,064.50 pts (-134.79pts, -0.53%)
U.S. stockmarkets retreated as the Dow (-0.5%) halted a five-day winning streak after U.S. President Donald Trump voiced his discontentment on the Federal Reserve move in raising interest rates. The immediate resistance is located at 25,500.

FBM KLCI: 1,759.24 pts (+6.17pts, +0.35%)
The FBM KLCI (+0.4%) recorded its ninth straight session of gains, underpinned by buying support in selected financial heavyweights yesterday. The immediate resistance is located at 1,760.

Crude Palm Oil: RM2,193 (-RM18, -0.81%)
Crude palm oil prices retreated, erasing most of its previous session gains on expectation over rising output. The immediate support is located around RM2,160.

WTI Crude Oil: $69.46 (+$0.70, +1.02%)
Crude oil prices advanced for the third consecutive session after Saudi Arabia's supply increase will not flood the market. The immediate support is located at US$63.

Gold: $1,222.97 (-$4.54, -0.37%)
Gold prices retreated after trimming some of its intraday losses on the appreciation of Greenback against a basket of currencies. The immediate support will be pegged around US$1,220.

Economic Releases:
JP - Japan's Inflation Rate, 7.30AM

Bursa Malaysia Trade Statistics - 19 Jul 18
Institutions:  Net BUY 67.6 mln (53.0%)
Retail:  Net BUY 28.0 mln (27.9%)
Foreign:  Net SELL 95.6 mln (19.1%)

Potential Momentum Stocks - 20 Jul 18 
Stock Name: DIALOG (7277)
Entry: Buy above RM3.33
Target: RM3.50 (5.1%), RM3.57 (7.2%)
Stop: RM3.21 (-3.6%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: UNIMECH (7091)
Entry: Buy above RM1.05
Target: RM1.14 (8.6%), RM1.17 (11.4%)
Stop: RM0.96 (-8.6%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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