Dow Jones: 22,841.01 pts (-31.88pts, -0.14%)
U.S. stockmarkets retreated from record high levels as the Dow fell 0.1% on weaker-than-expected corporate earnings. The immediate resistance is located at 23,000.

FBM KLCI: 1,754.00 pts (-3.21pts, -0.18%)
The FBM KLCI (-0.2%) extended its losses yesterday as investors shrugged off the better-than-expected industrial production data. The immediate support is located at 1,750.

Crude Palm Oil: RM2,711 (+RM15, +0.56%)
Crude palm oil prices extended its gains, taking cue from the higher soybean oil prices. The immediate support is envisaged around RM2,600.

WTI Crude Oil: $50.60 (-$0.70, -1.37%)
Crude oil prices retreated on concern over rising U.S. production. The immediate resistance is located at US$52.

Gold: $1,293.72 (+$2.00, +0.15%)
Gold prices closed at its highest level in two weeks after recorded its sixth consecutive winning streak. The immediate support will be pegged around US$1,250.

Economic Releases:
MY - Malaysia's Retail Sales, 12.00PM
US - United States' Inflation Rate, 8.30PM
US - United States' Retail Sales, 8.30PM

Bursa Malaysia Trade Statistics - 12 Oct 17
Institutions:  Net SELL 4.5 mln (53.3%)
Retail:  Net BUY 11.0 mln (24.9%)
Foreign:  Net SELL 6.5 mln (21.8%)

Potential Momentum Stocks - 13 Oct 17 
Stock Name: KPS (5843)
Entry: Buy above RM1.42
Target: RM1.53 (7.7%), RM1.58 (11.3%)
Stop: RM1.35 (-4.9%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: KSL (5038)
Entry: Buy above RM1.28
Target: RM1.33 (3.9%), RM1.38 (7.8%)
Stop: RM1.25 (-2.3%)
Shariah: Yes
Technical: Trendline breakout

Source: Bloomberg, M+ Online

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