Dow Jones: 25,414.10 pts (+172.16pts, +0.68%)
U.S. stockmarkets recovered all their intraday losses as the Dow was powered 0.7% higher overnight, after U.S. President Donald Trump struck a trade deal with the European Commission. The immediate resistance is located at 25,500.

FBM KLCI: 1,763.78 pts (+0.85pts, +0.05%)
The FBM KLCI (+0.1%) extended its gains for the third straight session yesterday, taking cue from the positive sentiment in Wall Street overnight. The immediate resistance is located at 1,780.

Crude Palm Oil: RM2,163 (+RM11, +0.51%)
Crude palm oil prices edged higher on expectation over recovering demand outlook, but gains were capped by the appreciation of Ringgit against the Greenback. The immediate support is located around RM2,100.

WTI Crude Oil: $69.30 (+$0.78, +1.14%)
Crude oil prices extended its gains after U.S. inventory level fell to its lowest level in three years. The immediate resistance is located at US$70.

Gold: $1,231.63 (+$7.11, +0.58%)
Gold prices advanced amid the softer U.S. Dollar against a basket of currencies. The immediate support will be pegged around US$1,220.

Economic Releases:
EU - Eurozone's European Central Bank's Interest Rate Decision, 7.45PM

Bursa Malaysia Trade Statistics - 25 Jul 18
Institutions:  Net BUY 238.8 mln (49.5%)
Retail:  Net BUY 5.4 mln (28.3%)
Foreign:  Net SELL 244.2 mln (22.2%)

Potential Momentum Stocks - 26 Jul 18 
Stock Name: UNISEM (5005)
Entry: Buy above RM2.79
Target: RM3.00 (7.5%), RM3.11 (11.5%)
Stop: RM2.61 (-6.5%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: EKOVEST (8877)
Entry: Buy above RM0.725
Target: RM0.77 (6.2%), RM0.825 (13.8%)
Stop: RM0.69 (-4.8%)
Shariah: Yes
Technical: Flag-formation breakout

Source: Bloomberg, M+ Online

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