Dow Jones: 22,872.89 pts (+42.21pts, +0.18%)
U.S. stockmarkets extended its gains as the Dow rose 0.2% overnight after the U.S. Federal Reserve signals for a rate hike in December 2017. The immediate resistance is located at 23,000.

FBM KLCI: 1,757.21 pts (-3.92pts, -0.22%)
The selling pressure in selective telco heavyweight sent the FBM KLCI (-0.2%) lower yesterday. The immediate support is located at 1,750.

Crude Palm Oil: RM2,696 (+RM2, +0.07%)
Crude palm oil prices ended on a flattish note as gains were capped by concern over the slowing demand from India. The immediate support is envisaged around RM2,600.

WTI Crude Oil: $51.30 (+$0.38, +0.74%)
Crude oil prices rose for the third straight session despite an unexpected inventory build-up in U.S. The immediate resistance is located at US$52.

Gold: $1,291.72 (+$3.69, +0.29%)
Gold prices extended its gains amid the geopolitical uncertainty in the Middle East. The immediate support will be pegged around US$1,250.

Economic Releases:
MY - Malaysia's Industrial Production, 12.00PM
EU - Eurozone's Industrial Production, 5.00PM
US - United States' Producer Price Index, 8.30PM

Bursa Malaysia Trade Statistics - 11 Oct 17
Institutions:  Net BUY 28.9 mln (55.4%)
Retail:  Net SELL 7.6 mln (23.0%)
Foreign:  Net SELL 21.3 mln (21.6%)

Potential Momentum Stocks - 12 Oct 17 
Stock Name: MFCB (3069)
Entry: Buy above RM3.68
Target: RM3.82 (3.8%), RM4.00 (8.7%)
Stop: RM3.59 (-2.4%)
Shariah: Yes
Technical: Trendline breakout

Stock Name: DAYANG (5141)
Entry: Buy above RM0.925
Target: RM1.03 (11.4%), RM1.08 (16.8%)
Stop: RM0.88 (-4.9%)
Shariah: Yes
Technical: Trendline breakout

Source: Bloomberg, M+ Online

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