Dow Jones: 22,268.34 pts (+64.86pts, +0.29%)
U.S. stockmarkets shrugged off the geopolitical tension in North Korea to close at fresh record high levels as the Dow rose 0.2% whilst the S%P 500 topped the 2,500 psychological level last Friday. The immediate resistance is located at 22,500.

FBM KLCI: 1,786.33 pts (+4.96pts, +0.28%)
The FBM KLCI (+0.3%) managed to recoup all its intraday losses, boosted by late buying in selective index heavyweights. The immediate resistance is located at 1,800.

Crude Palm Oil: RM2,835 (-RM9, -0.32%)
Crude palm oil prices extended its losses after the Malaysia Government raised October export tax for CPO to 6.0%. The immediate resistance is envisaged around RM2,900.

WTI Crude Oil: $49.89 ($0.00, 0.00%)
Crude oil prices close flat, marginally below the US$50 per barrel level, after staging a four straight session of rally. The immediate resistance is located at US$50.

Gold: $1,320.18 (-$9.56, -0.72%)
Gold prices retreated, forming a bearish engulfing candle on lower demand. The immediate resistance will be pegged around US$1,350.

Economic Releases:
MY - Malaysia's Unemployment Rate, 12.00PM
EU - Eurozone's Inflation Rate, 5.00PM

Bursa Malaysia Trade Statistics - 15Sep17
Institutions:  Net SELL 88.4 mln (45.9%)
Retail:  Net BUY 8.5 mln (15.9%)
Foreign:  Net BUY 79.9 mln (38.2%)

Potential Momentum Stocks - 18Sep17 
Stock Name: MYEG (0138)
Entry: Buy above RM2.13
Target: RM2.25 (5.6%), RM2.37 (11.3%)
Stop: RM2.00 (-6.1%)
Shariah: Yes
Technical: Bullish engulfing candle

Stock Name: UEMS (5148)
Entry: Buy above RM1.21
Target: RM1.31 (8.3%), RM1.36 (12.4%)
Stop: RM1.15 (-5.0%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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