Dow Jones: 21,844.01 pts (-204.69pts, -0.93%)
Wall Street recorded its worst session since May 2017 as the Dow sank 0.9% after U.S. President Donald Trump intensifies his warnings towards North Korea's missile threat. The immediate support is located at 21,200.

FBM KLCI: 1,777.77 pts (-0.17pts, -0.01%)
The FBM KLCI (-0.2%) extended its losses on concern over geopolitical tension between U.S. and North Korea. The immediate resistance is located at 1,800.

Crude Palm Oil: RM2,663 (+RM33, +1.25%)
Crude palm oil prices advanced for the third straight session in tandem with gains in soy bean oil prices. The immediate resistance is envisaged around RM2,700.

WTI Crude Oil: $48.59 (-$0.97, -1.96%)
Crude oil prices reversed all its previous session gains, forming a bearish engulfing candle on rising Libya production. The next resistance is located at US$52.

Gold: $1,286.53 (+$9.23, +0.72%)
Gold prices advanced for the third straight session as geopolitical uncertainty dominates sentiment. The immediate resistance will be pegged around US$1300.

Economic Releases:
US - United States' Inflation Rate, 8.30PM

Bursa Malaysia Trade Statistics - 10 Aug 17
Institutions:  Net SELL 22.3 mln (56.6%)
Retail:  Net SELL 15.6 mln (23.9%)
Foreign:  Net BUY 37.9 mln (19.5%)

Potential Momentum Stocks - 11 Aug 17 
Stock Name: CHINHIN (5273)
Entry: Buy above RM1.36
Target: RM1.42 (4.4%), RM1.49 (9.6%)
Stop: RM1.31 (-3.7%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: 3A (0012)
Entry: Buy above RM1.37
Target: RM1.42 (3.6%), RM1.50 (9.5%)
Stop: RM1.32 (-3.6%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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