Dow Jones: 22,830.68 pts (+69.61pts, +0.31%)
U.S. stockmarkets recovered all its previous two session of losses to close at record high levels as the Dow added 0.3% overnight, boosted by Wal-Mart (+4.5%). The immediate resistance is located at 23,000.

FBM KLCI: 1,761.13 pts (-2.90pts, -0.16%)
The FBM KLCI (-0.3%) retreated yesterday on minor quick profit taking activities. The immediate support is located at 1,750.

Crude Palm Oil: RM2,694 (-RM41, -1.50%)
Crude palm oil prices formed a bearish engulfing candle after the Malaysia reserve level hit 19-months high. The immediate support is envisaged around RM2,600.

WTI Crude Oil: $50.92 (+$1.34, +2.70%)
Crude oil prices extended its gains after Saudi Aramco expects to extend and deepen production cut. The immediate resistance is located at US$52.

Gold: $1,288.02 (+$3.97, +0.31%)
Gold prices edged higher after U.S. Dollar weakened against a basket of currencies. The immediate support will be pegged around US$1,250.

Bursa Malaysia Trade Statistics - 10 Oct 17
Institutions:  Net SELL 0.7 mln (54.8%)
Retail:  Net SELL 19.3 mln (25.8%)
Foreign:  Net BUY 20.0 mln (19.4%)

Potential Momentum Stocks - 11 Oct 17 
Stock Name: OCNCASH (0049)
Entry: Buy above RM0.70
Target: RM0.79 (12.9%), RM0.825 (17.9%)
Stop: RM0.66 (-5.7%)
Shariah: Yes
Technical: Consolidation breakout

Stock Name: CARIMIN (5257)
Entry: Buy above RM0.505
Target: RM0.565 (11.9%), RM0.625 (23.8%)
Stop: RM0.46 (-8.9%)
Shariah: Yes
Technical: Trendline breakout

Source: Bloomberg, M+ Online

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