Dow Jones: 24,748.73 pts (+108.49pts, +0.44%)
U.S. stockmarkets extended their rebound after recovering all their intraday losses as the Dow added 0.4%, boosted by gains in defensive stocks. The immediate support is located at 24,000.

FBM KLCI: 1,684.97 pts (-17.02pts, -1.00%)
The FBM KLCI (-1.0%) underperformed its regional peers, mainly dragged down by the weakness in Genting-related shares yesterday. The immediate resistance is located at 1,700.

Crude Palm Oil: RM1,966 (-RM6, -0.30%)
Crude palm oil prices trended lower for the third straight session as demand shifted to Indonesian crude palm oil following the zerorisation of export levy. The immediate support is located around RM1950.

WTI Crude Oil: $51.56 (+$1.21, +2.40%)
Crude oil prices extended its gains after enduring a volatile trading session on expectation that OPEC would cut between 1.0-1.5 mln barrels per day in 2019. The immediate resistance is located at US$55.

Gold: $1,215.05 (-$7.35, -0.60%)
Gold prices retreated for the third straight session on rising U.S. Dollar against a basket of currencies. The immediate resistance is located around $1,250.

Economic Releases:
US - United States' New Home Sales, 11.00PM

Potential Momentum Stocks - 28 Nov 18 
Stock Name: MATRIX (5236)
Entry: Buy above RM2.00
Target: RM2.08 (4.0%), RM2.12 (6.0%)
Stop: RM1.95 (-2.5%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: AEON (6599)
Entry: Buy above RM1.83
Target: RM1.89 (3.3%), RM1.97 (7.7%)
Stop: RM1.79 (-2.2%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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