Dow Jones: 25,527.07 pts (+112.97pts, +0.44%)
U.S. stockmarkets ended on a mixed note as the Dow gained 0.4% but the S&P 500 fell 0.3% on weakness in technology sector (-1.6%) amid the weaker-than-expected corporate results from Facebook Inc. The immediate resistance is located at 25,500.

FBM KLCI: 1,766.23 pts (+2.45pts, +0.14%)
The FBM KLCI (+0.1%) recorded its fourth day winning streak after hovering mostly in the positive territory on extended buying support in selected blue-chip stocks yesterday. The immediate resistance is located at 1,780.

Crude Palm Oil: RM2,202 (+RM39, +1.80%)
Crude palm oil prices extended its gains to close above the RM2,200 psychological level, boosted by on optimism over positive export demand. The immediate support is located around RM2,100.

WTI Crude Oil: $69.61 (+$0.31, +0.45%)
Crude oil prices trended higher after shipments were halted by Saudi Arabia in view of a tanker attack. The immediate resistance is located at US$70.

Gold: $1,222.69 (-$8.94, -0.73%)
Gold prices retreated as demand for safe haven assets faded. The immediate support will be pegged around US$1,220.

Bursa Malaysia Trade Statistics - 26 Jul 18
Institutions:  Net BUY 38.2 mln (51.6%)
Retail:  Net SELL 2.5 mln (22.4%)
Foreign:  Net SELL 35.7 mln (26.0%)

Potential Momentum Stocks - 27 Jul 18 
Stock Name: BAUTO (5248)
Entry: Buy above RM2.25
Target: RM2.35 (4.4%), RM2.46 (9.3%)
Stop: RM2.17 (-3.6%)
Shariah: Yes
Technical: Monitor for trendline breakout

Stock Name: BOILERM (0168)
Entry: Buy above RM0.70
Target: RM0.765 (9.3%), RM0.80 (14.3%)
Stop: RM0.67 (-4.3%)
Shariah: Yes
Technical: Consolidation breakout

Source: Bloomberg, M+ Online

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