Dow Jones: 25,058.12 pts (-13.83pts, -0.06%)
U.S. stockmarkets closed mixed as the Dow fell 0.1% on lingering concern over trade tariff, but the S&P 500 added 0.2%, lifted by the financial sector (+1.3%). The immediate resistance is located at 25,500.

FBM KLCI: 1,754.67 pts (+3.29pts, +0.19%)
The FBM KLCI (+0.2%) recovered most of its previous session losses, lifted by buying support in selected index heavyweights yesterday. The immediate resistance is located at 1,760.

Crude Palm Oil: RM2,194 (-RM25, -1.14%)
Crude palm oil prices formed a bearish engulfing candle, dragged down by the firmer Ringgit against the Greenback coupled with expectation over sluggish export demand. The immediate support is located around RM2,160.

WTI Crude Oil: $68.26 (-$0.81, -1.16%)
Crude oil prices retreated on fresh concern over the oversupply condition. The immediate support is located at US$63.

Gold: $1,229.53 (+$6.39, +0.52%)
Gold prices extended its gains after Greenback retreated against a basket of currencies. The immediate support will be pegged around US$1,220.

Bursa Malaysia Trade Statistics - 23 Jul 18
Institutions:  Net BUY 23.7 mln (48.8%)
Retail:  Net BUY 4.4 mln (29.6%)
Foreign:  Net SELL 28.1 mln (21.6%)

Potential Momentum Stocks - 24 Jul 18 
Stock Name: KGB (0151)
Entry: Buy above RM0.79
Target: RM0.84 (6.3%), RM0.86 (8.9%)
Stop: RM0.755 (-4.4%)
Shariah: Yes
Technical: Consolidation breakout

Stock Name: SALUTE (0183)
Entry: Buy above RM0.575
Target: RM0.62 (7.8%), RM0.66 (14.8%)
Stop: RM0.54 (-6.1%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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