Dow Jones: 18,145.71 pts (+77.32pts, +0.43%)
U.S. equities trended mildly led by tech and consumer staples stocks, coupled with the anticipation of better-than-expected corporate results. The Dow's trading range is likely to be seen around 18,000-18,400.

FBM KLCI: 1,677.76 pts (+7.78pts, +0.47%)
The FBM KLCI surged above the 1,670 level after Budget 2017 - construction-related stocks trended higher, while small and mid-cap companies were gaining buying interest as well. The FBM KLCI's resistance will be envisaged around 1,700.

Crude Palm Oil: RM2,724 (+RM98, +3.60%)
Crude palm oil rocketed towards a fresh two-year high as output declined 11.2% M.o.M, according to MPOB. CPO may trend higher towards RM2,850-RM2,900 on sustained buying momentum.

WTI Crude Oil: $50.85 (+$0.06, +0.12%)
Crude oil extended its sideways consolidation phase as traders are cautious ahead of the OPEC meeting this week. Trading range is likely to be located around US$50-US$52.

Gold: $1,264.44 (-$1.97, -0.16%)
Gold trended lower on the back of stronger US dollar. Gold's support will be set around the US$1,250 level.

Economic Releases:
US - S&P Case-Shiller House Price Index - 25 Oct 16, 9:00PM
US - Conference Board Consumer Confidence - 25 Oct 16, 10:00PM

Bursa Malaysia Trade Statistics - 24 Oct 16
Institutions:  Net SELL 11.9 mln (60.5%)
Retail:  Net SELL 23.6 mln (15.6%)
Foreign:  Net BUY 35.5 mln (23.9%)

Potential Momentum Stocks - 25 Oct 16 
Stock Name: SASBADI (5252)
Entry: Buy above RM1.20
Target: RM1.28 (6.7%), RM1.40 (16.7%)
Stop: RM1.15 (-4.2%)
Shariah: Yes
Technical: Breakout above RM1.20

Stock Name: BTECH (0011)
Entry: Buy above RM0.345
Target: RM0.385 (11.6%), RM0.42 (21.7%)
Stop: RM0.335 (-2.9%)
Shariah: No
Technical: Gapped up above RM0.345 

Source: Bloomberg, M+ Online

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