Dow Jones: 20,412.16 pts (+142.79pts, +0.70%)
Wall Street rallied to fresh record highs overnight as the Dow (+0.7%) registered its third straight winning streak, fuelled by gains in financial and industrial stocks.

FBM KLCI: 1,710.24 pts (+11.30pts, +0.67%)
The FBMKLCI surged to nine-months high, above the 1,700 psychological level, in tandem with gains across global stockmarkets. The next resistance level is located around the 1,730 level.

Crude Palm Oil: RM3,036 (-RM35, -1.14%)
Crude palm oil prices extended its losses on higher inventory level. The RM3,000 level will serve as the immediate support level.

WTI Crude Oil: $52.93 (-$0.93, -1.73%)
Crude oil prices halted a streak of three consecutive gains, pressured by stronger Dollar coupled with concern over rising US output. Crude oil prices might trend between the US$50-US$55 levels.

Gold: $1,225.26 (-$8.36, -0.68%)
Gold prices erased all its previous session gains as investors shift to higher yield assets. The US1,250 will serve as the immediate resistance level.

Economic Releases:
CN - China's Inflation Rate - 14 Feb 17, 9.30AM
CN - Producer's Price Index - 14 Feb 17, 9.30AM
EU - Eurozone's Industrial Production - 14 Feb 17, 6.00PM
US - US' Producer Price Index - 14 Feb 17, 9.30PM

Bursa Malaysia Trade Statistics - 13 Feb 17
Institutions:  Net SELL 177.1 mln (64.3%)
Retail:  Net SELL 10.9 mln (18.8%)
Foreign:  Net BUY 188.0 mln (16.9%)

Potential Momentum Stocks - 14 Feb 17 
Stock Name: BHS (7241)
Entry: Buy above RM0.435
Target: RM0.48 (10.3%), RM0.51 (17.2%)
Stop: RM0.405 (-6.9%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: RHONEMA (5278)
Entry: Buy above RM0.935
Target: RM0.985 (5.3%), RM1.02 (9.1%)
Stop: RM0.89 (-4.8%)
Shariah: No
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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