Dow Jones: 19,796.43 pts (+39.58pts, +0.20%)
U.S. stockmarkets ended mixed overnight as the Dow (+0.2%) registered its sixth straight winning streak but the S&P 500 fell 0.1% after the rally in financial shares faded

FBM KLCI: 1,641.42 pts (-2.33pts, -0.14%)
Profit taking activities sent the FBM KLCI 0.1% lower but the key index managed to recoup most of its intraday losses ahead of the extended weekend break on last Friday. The immediate resistance level is located around the 1,650-1,660 levels.

Crude Palm Oil: RM3,069 (-RM44, -1.41%)
Crude palm oil fell for the third consecutive session in line with the decline in soy bean oil prices. The RM3,200 level will serve as the next resistance level.

WTI Crude Oil: $52.83 (+$1.33, +2.57%)
Crude oil prices rallied after non-OPEC members have decided to reduce their output by 558,000 barrels per day collectively. Crude oil prices might trend towards the US$55-US$60 levels.

Gold: $1,162.22 (+$2.36, +0.20%)
Gold prices rebounded ahead of the two-day FOMC policy meeting. The US$1,150 level will serve as the immediate support level.

Economic Releases:
CN - China's Industrial Production - 13 Dec 16, 10.00AM
CN - China's Retail Sales - 13 Dec 16, 10.00AM

Bursa Malaysia Trade Statistics - 9Dec16
Institutions:  Net SELL 22.7 mln (63.3%)
Retail:  Net SELL 19.5 mln (13.2%)
Foreign:  Net BUY 42.2 mln (23.5%)

Potential Momentum Stocks - 13 Dec 16 
Stock Name: HIBISCS (5199)
Entry: Buy above RM0.305
Target: RM0.335 (9.8%), RM0.365 (19.7%)
Stop: RM0.295 (-3.3%)
Shariah: No
Technical: Flag-formation breakout

Stock Name: COMCORP (7195)
Entry: Buy above RM0.74
Target: RM0.78 (5.4%), RM0.835 (12.8%)
Stop: RM0.70 (-5.4%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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