Dow Jones: 25,971.06 pts (+113.99pts, +0.44%)
U.S. stockmarkets extended their gains overnight as the Dow rose 0.4%, boosted by gains in technology and energy shares. The immediate resistance is located at 26,600.
FBM KLCI: 1,799.17 pts (+0.60pts, +0.03%)
The FBM KLCI (+0.03%) eked out marginal gains ahead of the extended weekend break on last Friday. The immediate support is located at 1,780.
Crude Palm Oil: RM2,266 (-RM11, -0.48%)
Crude palm oil prices extended its losses on concern over rising stockpile level. The immediate resistance is located around RM2,350.
WTI Crude Oil: $69.25 (+$1.71, +2.55%)
Crude oil prices staged a sharp recovery, boosted by the decline in U.S. inventory level. The immediate support is located at US$64.
Gold: $1,198.59 (+$2.71, +0.23%)
Gold prices advanced after recovering all its intraday losses, supported by improved demand. The immediate support will be pegged around US$1,150.
Economic Releases:
EU - Eurozone's Industrial Production, 5.00PM
US - United States' Producer Price Index, 8.30PM
Bursa Malaysia Trade Statistics - 7Sep18
Institutions: Net BUY 26.4 mln (53.1%)
Retail: Net BUY 34.7 mln (19.8%)
Foreign: Net SELL 61.1 mln (27.1%)
Potential Momentum Stocks - 12Sep18
Stock Name: WPRTS (5246)
Entry: Buy above RM3.95
Target: RM4.25 (7.6%), RM4.40 (11.4%)
Stop: RM3.69 (-6.6%)
Shariah: Yes
Technical: Monitor for breakout
Stock Name: MAHSING (8583)
Entry: Buy above RM1.19
Target: RM1.24 (4.2%), RM1.32 (10.9%)
Stop: RM1.15 (-3.4%)
Shariah: Yes
Technical: Bullish engulfing candle
Source: Bloomberg, M+ Online
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Chart | Stock Name | Last | Change | Volume |
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2024-07-17
MAHSING2024-07-17
MAHSING2024-07-16
MAHSING2024-07-16
WPRTS2024-07-16
WPRTS2024-07-15
WPRTS2024-07-12
WPRTS2024-07-12
WPRTS2024-07-12
WPRTS2024-07-12
WPRTS2024-07-12
WPRTS2024-07-11
MAHSING2024-07-11
MAHSING2024-07-10
WPRTS2024-07-10
WPRTS2024-07-09
MAHSING2024-07-09
WPRTS