Dow Jones: 22,381.20 pts (+40.49pts, +0.18%)
Wall Street extended its gains overnight as the Dow gained 0.2% on stronger-than-expected 2Q2017 GDP data that expanded 3.1%, while the S&P 500 (+0.1%) closed a fresh record high. The immediate resistance is located at 22,500.

FBM KLCI: 1,758.06 pts (-6.18pts, -0.35%)
The FBM KLCI (-0.4%) drifted lower for the eighth straight session as the foreign fund selloff remain unabated. The immediate support is located at 1,750.

Crude Palm Oil: RM2,705 (-RM42, -1.53%)
Crude palm oil prices slipped on expectation over slower demand as China prepares for the Golden Week holiday next week. The immediate support is envisaged around RM2,600.

WTI Crude Oil: $51.56 (-$0.58, -1.11%)
Crude oil prices retreated as optimism of OPEC's move to extend production cut was countered by the revival in U.S. shale production. The immediate resistance is located at US$55.

Gold: $1,287.30 (+$4.52, +0.35%)
Gold prices rebounded but is likely to head towards its worst month in 2017. The immediate resistance will be pegged around US$1,350.

Economic Releases:
JP - Japan's Unemployment Rate, 7.30AM
CN - China's Caixin Manufacturing PMI, 9.45AM
MY - Malaysia's Producer Price Index, 12.00PM
UK - United Kingdom's 2Q2017 GDP Growth Rate, 4.30PM

Bursa Malaysia Trade Statistics - 28Sep17
Institutions:  Net BUY 206.6 mln (56.9%)
Retail:  Net BUY 27.0 mln (19.2%)
Foreign:  Net SELL 233.6 mln (23.9%)

Potential Momentum Stocks - 29Sep17 
Stock Name: CRESBLD (8591)
Entry: Buy above RM1.06
Target: RM1.14 (7.5%), RM1.22 (15.1%)
Stop: RM1.03 (-2.8%)
Shariah: Yes
Technical: Trendline breakout

Stock Name: BRAHIMS (9474)
Entry: Buy above RM0.585
Target: RM0.645 (10.3%), RM0.69 (17.9%)
Stop: RM0.56 (-4.3%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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