Dow Jones: 26,049.64 pts (+259.29pts, +1.01%)
U.S. stockmarkets extended their gains overnight as the Dow jumped 1.0% higher after U.S. and Mexico have reached an agreement on a trade deal. The immediate resistance is located at 26,600.

FBM KLCI: 1,811.60 pts (+3.01pts, +0.17%)
The FBM KLCI (+0.2%) started off the week on a strong footing, in line with the gains across regional peers yesterday. The immediate resistance is located at 1,830.

Crude Palm Oil: RM2,199 (-RM20, -0.90%)
Crude palm oil prices erased all its previous session gains amid the subdue demand, coupled with the appreciation of Ringgit against the Greenback. The immediate resistance is located around RM2,250.

WTI Crude Oil: $68.87 (+$0.15, +0.22%)
Crude oil prices extended its gains as U.S. weekly oil rigs decline at the fastest pace since 2016. The immediate resistance is located at US$70.

Gold: $1,211.38 (+$6.03, +0.50%)
Gold prices extended its gains after the U.S. Dollar continues to slide against a basket of currencies. The immediate resistance will be pegged around US$1,250.

Bursa Malaysia Trade Statistics - 27 Aug 18
Institutions:  Net SELL 9.0 mln (54.5%)
Retail:  Net SELL 14.2 mln (24.4%)
Foreign:  Net BUY 23.2 mln (21.1%)

Potential Momentum Stocks - 28 Aug 18 
Stock Name: IBHD (4251)
Entry: Buy above RM0.54
Target: RM0.56 (3.7%), RM0.58 (7.4%)
Stop: RM0.525 (-2.8%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: MMODE (0059)
Entry: Buy above RM0.355
Target: RM0.38 (7.0%), RM0.405 (14.1%)
Stop: RM0.335 (-5.6%)
Shariah: No
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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