Dow Jones: 21,858.32 pts (+14.31pts, +0.07%)
Wall Street rebounded last Friday as the Dow added 0.1% but gains were capped by the lingering geopolitical uncertainties. The immediate support is located at 21,200.

FBM KLCI: 1,766.96 pts (-10.81pts, -0.61%)
Tracking the negative sentiment in Wall Street overnight, the FBM KLCI (-0.6%) sank further last Friday as the key index fell 0.4% W.o.W lower. The immediate support is located at 1,750.

Crude Palm Oil: RM2,682 (+RM19, +0.71%)
Crude palm oil prices advanced, taking cue from the higher soy bean oil prices. The immediate resistance is envisaged around RM2,700.

WTI Crude Oil: $48.82 (+$0.23, +0.47%)
Crude oil prices rose to 12-weeks high on positive expectation over oil demand-supply rebalancing. The next resistance is located at US$52.

Gold: $1,289.31 (+$2.78, +0.22%)
Gold prices recorded its fourth straight session of gains amid improving demand. The immediate resistance will be pegged around US$1300.

Economic Releases:
CN - China's Industrial Production, 10.00AM
CN - China's Retail Sales, 10.00AM
EU - Eurozone's Industrial Production, 5.00PM
EU - Eurozone's Inflation Rate, 5.00PM

Bursa Malaysia Trade Statistics - 11 Aug 17
Institutions:  Net BUY 112.6 mln (60.2%)
Retail:  Net SELL 19.1 mln (22.8%)
Foreign:  Net SELL 93.5 mln (17.0%)

Potential Momentum Stocks - 14 Aug 17 
Stock Name: GBGAQRS (5226)
Entry: Buy above RM1.61
Target: RM1.76 (9.3%), RM1.82 (13.0%)
Stop: RM1.54 (-4.3%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: MQREIT (5123)
Entry: Buy above RM1.31
Target: RM1.39 (6.1%), RM1.47 (12.2%)
Stop: RM1.26 (-3.8%)
Shariah: Yes
Technical: Consolidation breakout

Source: Bloomberg, M+ Online

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