Dow Jones: 25,758.69 pts (+89.37pts, +0.35%)
U.S. stockmarkets trended higher for the third straight session as the Dow added 0.4%, lifted by the optimism over trade deal with China, coupled with rising commodity prices. The immediate resistance is located at 25,800.

FBM KLCI: 1,787.58 pts (+4.11pts, +0.23%)
The FBM KLCI (+0.2%) extended its gains after hovering mostly in the positive territory yesterday amid the positive bilateral talks with China. The immediate resistance is located at 1,800.

Crude Palm Oil: RM2,255 (+RM17, +0.76%)
Crude palm oil prices trended higher for the third straight session, in line with the higher soybean oil prices. The immediate resistance is located around RM2,250.

WTI Crude Oil: $66.43 (+$0.52, +0.79%)
Crude oil prices logged its third straight session of gains in anticipation of lower U.S. inventory level. The immediate support is located at US$63.

Gold: $1,190.48 (+$6.23, +0.53%)
Gold prices extended its gains as the U.S. Dollar continues to depreciate against a basket of currencies. The immediate support will be pegged around US$1,150.

Bursa Malaysia Trade Statistics - 20 Aug 18
Institutions:  Net BUY 51.2 mln (49.9%)
Retail:  Net BUY 3.8 mln (25.5%)
Foreign:  Net SELL 55.0 mln (24.6%)

Potential Momentum Stocks - 21 Aug 18 
Stock Name: TALIWRK (8524)
Entry: Buy above RM1.19
Target: RM1.32 (10.9%), RM1.35 (13.4%)
Stop: RM1.09 (-8.4%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: EKOVEST (8877)
Entry: Buy above RM0.78
Target: RM0.855 (9.6%), RM0.90 (15.4%)
Stop: RM0.73 (-6.4%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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