Dow Jones: 22,057.37 pts (+259.58pts, +1.19%)
U.S. stockmarkets rallied as the Dow jumped 1.2% on easing geopolitical tension in North Korea coupled with the lesser-than-expected damage from Hurricane Irma. The immediate resistance is located at 22,200.

FBM KLCI: 1,782.74 pts (+2.84pts, +0.16%)
The FBM KLCI (+0.2%) chalked in minor gains after North Korea did not perform any missile launches during its' 69th anniversary. The immediate resistance is located at 1,800.

Crude Palm Oil: RM2,802 (+RM40, +1.45%)
Crude palm oil prices rose past the RM2,800 psychological level to close at its highest level since March 2017 on lower production output in August. The immediate resistance is envisaged around RM2,800.

WTI Crude Oil: $48.07 (+$0.59, +1.24%)
Crude oil prices advanced as Hurricane Irma's impact was less severe than expected. The immediate resistance is located at US$50.

Gold: $1,327.54 (-$19.05, -1.42%)
Gold prices extended its losses as investors’ appetite shifted to riskier assets. The immediate resistance will be pegged around US$1,350.

Economic Releases:
JP - Japan's Producer Price Index, 7.50AM
UK - United Kingdom's Inflation Rate, 4.30PM

Bursa Malaysia Trade Statistics - 11Sep17
Institutions:  Net SELL 55.9 mln (55.6%)
Retail:  Net SELL 27.7 mln (24.6%)
Foreign:  Net BUY 83.6 mln (19.8%)

Potential Momentum Stocks - 12Sep17 
Stock Name: SKPRES (7155)
Entry: Buy above RM1.53
Target: RM1.60 (4.6%), RM1.70 (11.1%)
Stop: RM1.46 (-4.6%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: BSLCORP (7221)
Entry: Buy above RM0.52
Target: RM0.57 (9.6%), RM0.63 (21.2%)
Stop: RM0.49 (-5.8%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

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