Dow Jones: 25,669.32 pts (+110.59pts, +0.43%)
U.S. stockmarkets extended their gains on last Friday as the Dow rose 0.4% on optimism over trade talks with China. The immediate resistance is located at 25,800.

FBM KLCI: 1,783.47 pts (+6.20pts, +0.35%)
The FBM KLCI (+0.4%) recovered most of its previous session losses, in line with the mostly positive sentiment across regional peers. The immediate resistance is located at 1,800.

Crude Palm Oil: RM2,238 (+RM16, +0.72%)
Crude palm oil prices extended its gains, taking cue from the higher soybean oil prices. The immediate resistance is located around RM2,250.

WTI Crude Oil: $65.91 (+$0.45, +0.69%)
Crude oil prices extended its gains but retreated for the seventh straight week. The immediate support is located at US$63.

Gold: $1,184.25 (+$10.09, +0.86%)
Gold prices staged a quick recovery, boosted by the weaker U.S. Dollar against a basket of currencies. The immediate support will be pegged around US$1,150.

Bursa Malaysia Trade Statistics - 17 Aug 18
Institutions:  Net BUY 127.5 mln (53.1%)
Retail:  Net BUY 21.2 mln (22.5%)
Foreign:  Net SELL 148.7 mln (24.4%)

Potential Momentum Stocks - 20 Aug 18 
Stock Name: CJCEN (7117)
Entry: Buy above RM0.71
Target: RM0.79 (11.3%), RM0.825 (16.2%)
Stop: RM0.66 (-7.0%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: FGV (5222)
Entry: Buy above RM1.91
Target: RM2.09 (9.4%), RM2.19 (14.7%)
Stop: RM1.75 (-8.4%)
Shariah: Yes
Technical: Monitor for trendline breakout

Source: Bloomberg, M+ Online

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