Dow Jones: 26,064.02 pts (+14.38pts, +0.06%)
U.S. stockmarkets chalked in minor gains as the Dow (+0.1%) recorded its third day winning streak after consumer confidence in July 2018 rose to 133.4 - the highest level since October 2000. The immediate resistance is located at 26,600.

FBM KLCI: 1,826.90 pts (+15.30pts, +0.84%)
Tracking the positive sentiment in Wall Street overnight, the FBM KLCI (+0.8%) extended its gains, underpinned by buying support from foreign funds. The immediate resistance is located at 1,830.

Crude Palm Oil: RM2,232 (+RM33, +1.50%)
Crude palm oil prices advanced to re-claim the 2,200 psychological level, taking cue from the high soybean oil prices. The immediate resistance is located around RM2,250.

WTI Crude Oil: $68.53 (-$0.34, -0.49%)
Crude oil prices retreated after reports indicate an unexpected build-up in U.S. inventory level. The immediate resistance is located at US$70.

Gold: $1,201.00 (-$10.38, -0.86%)
Gold prices erased all its previous session gains after forming a bearish engulfing candle after the Greenback recovered against a basket of currencies. The immediate resistance will be pegged around US$1,250.

Bursa Malaysia Trade Statistics - 28 Aug 18
Institutions:  Net SELL 22.1 mln (51.0%)
Retail:  Net SELL 12.7 mln (23.7%)
Foreign:  Net BUY 34.8 mln (25.3%)

Potential Momentum Stocks - 29 Aug 18 
Stock Name: UNISEM (5005)
Entry: Buy above RM2.87
Target: RM3.05 (6.3%), RM3.30 (15.0%)
Stop: RM2.74 (-4.5%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: COMFORT (2127)
Entry: Buy above RM1.01
Target: RM1.13 (11.9%), RM1.18 (16.8%)
Stop: RM0.945 (-6.4%)
Shariah: Yes
Technical: Flag-formation breakout

Source: Bloomberg, M+ Online

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