Dow Jones: 18,903.82 pts (+35.68pts, +0.19%)
The strong economic data from both jobless claims and inflation rate signalling a high likelihood of interest rate hike next month sent Wall Street higher as the Dow added 0.2%.

FBM KLCI: 1,626.77 pts (-0.86pts, -0.05%)
The FBM KLCI closed lower but managed pare most of its intraday losses yesterday on late buying support amongst selective index heavyweights. The immediate support level is located around the 1,610 level.

Crude Palm Oil: RM2,855 (+RM21, +0.74%)
Crude palm oil prices extended its gains after the weakness in Ringgit boosted the export outlook. The RM3,000 level will serve as the immediate resistance level.

WTI Crude Oil: $45.57 (-$0.24, -0.45%)
Crude oil prices gave up its intraday gains to extend its losses on rising inventories level. Crude oil prices might continue to hover between US$43-US$46 levels.

Gold: $1,224.99 (-$3.74, -1.01%)
Gold prices extended its losses, pressured by the stronger US Dollar coupled with the possibility of interest rate hike in December. Gold prices might trade at a range bound mode between US$1,200-US$1,250.

Economic Releases:
China - China's October Housing Price Index - 18 Nov 16, 9.30AM

Bursa Malaysia Trade Statistics - 17 Nov 16
Institutions:  Net BUY 104.4 mln (54.8%)
Retail:  Net BUY 3.7 mln (16.1%)
Foreign:  Net SELL 108.1 mln (29.1%)

Potential Momentum Stocks - 18 Nov 16 
Stock Name: DIGISTA (0029)
Entry: Buy above RM0.185
Target: RM0.21 (13.5%), RM0.235 (27.0%)
Stop: RM0.17 (-8.1%)
Shariah: No
Technical: Consolidation breakout

Stock Name: CEPAT (8982)
Entry: Buy above RM0.86
Target: RM0.95 (10.5%), RM1.00 (16.3%)
Stop: RM0.835 (-2.9%)
Shariah: Yes
Technical: Flag-formation breakout

Source: Bloomberg, M+ Online

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