Dow Jones: 22,871.72 pts (+30.71pts, +0.13%)
Wall Street rebounded last Friday as the Dow added 0.1% amid the strong inflation data which boosted the possibility for Federal Reserve to increase interest rate in December. The immediate resistance is located at 23,000.

FBM KLCI: 1,755.32 pts (+1.32pts, +0.08%)
The FBM KLCI (+0.1%) rebounded in tandem with gains across key regional indices. The immediate support is located at 1,750.

Crude Palm Oil: RM2,757 (+RM38, +1.40%)
Crude palm oil prices rose for the third consecutive session, taking cue from the positive developments in soybean oil prices. The immediate support is envisaged around RM2,600.

WTI Crude Oil: $51.45 (+$0.85, +1.69%)
Crude oil prices advanced to record its biggest weekly gain since September 2017 as China import rose to record high level. The immediate resistance is located at US$52.

Gold: $1,303.82 (+$10.10, +0.78%)
Gold prices continue to trend higher on buying support ahead of the festive season. The immediate support will be pegged around US$1,250.

Economic Releases:
CN - China's Inflation Rate, 9.30AM
CN – China’s Producer Price Index., 9.30AM

Bursa Malaysia Trade Statistics - 13 Oct 17
Institutions:  Net BUY 81.1 mln (53.4%)
Retail:  Net SELL 8.1 mln (25.3%)
Foreign:  Net SELL 73.0 mln (21.3%)

Potential Momentum Stocks - 16 Oct 17 
Stock Name: TUNEPRO (5230)
Entry: Buy above RM1.19
Target: RM1.27 (6.7%), RM1.33 (11.8%)
Stop: RM1.12 (-5.9%)
Shariah: No
Technical: Monitor for breakout

Stock Name: MMSV (0113)
Entry: Buy above RM1.89
Target: RM2.05 (8.5%), RM2.20 (16.4%)
Stop: RM1.77 (-6.3%)
Shariah: Yes
Technical: Symmetrical triangle formation breakout

Source: Bloomberg, M+ Online

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