Dow Jones: 22,118.86 pts (+61.49pts, +0.28%)
U.S. stockmarkets extended their gains to close at fresh record high levels overnight as the Dow added 0.3% on the abating geopolitical uncertainty in North Korea. The immediate resistance is located at 22,200.

FBM KLCI: 1,789.86 pts (+7.12pts, +0.40%)
Strong buying interest from foreign funds coupled with firmer commodity prices sent the FBM KLCI (+0.4%) higher yesterday. The immediate resistance is located at 1,800.

Crude Palm Oil: RM2,829 (+RM27, +0.96%)
Crude palm oil prices extended its gains as India's import rose 15% Y.o.Y in August 2017 ahead of the festive season. The immediate resistance is envisaged around RM2,800.

WTI Crude Oil: $48.23 (+$0.16, +0.33%)
Crude oil prices extended their gains as OPEC ponders over a potential extension in production cut beyond March 2018. The immediate resistance is located at US$50.

Gold: $1,331.81 (+$4.27, +0.32%)
Gold prices rebounded despite the U.S. Dollar strengthened against a basket of currencies. The immediate resistance will be pegged around US$1,350.

Economic Releases:
MY - Malaysia's Retail Sales, 12.00PM
UK - United Kingdom's Unemployment Rate, 4.30PM
EU - Eurozone's Industrial Production, 5.00PM
US - United States' Producer Price Index, 8.30PM

Bursa Malaysia Trade Statistics - 12Sep17
Institutions:  Net SELL 165.8 mln (51.6%)
Retail:  Net SELL 6.8 mln (23.6%)
Foreign:  Net BUY 172.6 mln (24.8%)

Potential Momentum Stocks - 13Sep17 
Stock Name: GHLSYS (0021)
Entry: Buy above RM1.70
Target: RM1.80 (5.9%), RM1.87 (10.0%)
Stop: RM1.65 (-2.9%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: CEPAT (8982)
Entry: Buy above RM0.95
Target: RM1.00 (5.3%), RM1.05 (10.5%)
Stop: RM0.91 (-4.2%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

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