Dow Jones: 22,340.71 pts (+56.39pts, +0.25%)
U.S. stockmarkets rallied overnight as the Dow added 0.3%, spurred by a potential tax reformation. The immediate resistance is located at 22,500.

FBM KLCI: 1,764.24 pts (-1.35pts, -0.08%)
The FBM KLCI (-0.1%) continue to slip lower yesterday on renewed weakness in the Ringgit against the Greenback. The immediate support is located at 1,760.

Crude Palm Oil: RM2,747 (-RM2, -0.07%)
Crude palm oil prices ended on a relatively flat note after Indonesia kept its export tax unchanged for October 2017. The immediate support is envisaged around RM2,600.

WTI Crude Oil: $52.14 (+$0.26, +0.50%)
Crude oil prices rebounded after U.S. exports data surged which leads to a decline in weekly inventory level. The immediate resistance is located at US$55.

Gold: $1,282.78 (-$11.20, -0.87%)
Gold prices extended its losses amid the stronger U.S. Dollar against a basket of currencies. The immediate resistance will be pegged around US$1,350.

Economic Releases:
EU - Eurozone's Business Confidence, 5.00PM
US - United States' 2Q2017 GDP Growth Rate, 8.30PM

Bursa Malaysia Trade Statistics - 27Sep17
Institutions:  Net BUY 177.9 mln (57.3%)
Retail:  Net BUY 17.9 mln (20.4%)
Foreign:  Net SELL 195.8 mln (22.3%)

Potential Momentum Stocks - 28Sep17 
Stock Name: LSTEEL (9881)
Entry: Buy above RM0.665
Target: RM0.735 (10.5%), RM0.79 (18.8%)
Stop: RM0.605 (-9.0%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: IFCAMSC (0023)
Entry: Buy above RM0.415
Target: RM0.45 (8.4%), RM0.475 (14.5%)
Stop: RM0.38 (-8.4%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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