Dow Jones: 23,422.21 pts (-39.73pts, -0.17%)
U.S. stockmarkets extended their losses on last Friday as the Dow slipped 0.2% over the uncertainty of the timing of proposed corporate tax cut implementation. The immediate resistance is located at 23,750.

FBM KLCI: 1,742.28 pts (-4.53pts, -0.26%)
The FBM KLCI (-0.3%) formed a bearish engulfing candle on last Friday, dragged down by weakness in telco heavyweights. The immediate resistance is located at 1,760.

Crude Palm Oil: RM2,797 (-RM12, -0.43%)
Crude palm oil prices retreated on stronger Ringgit against the Greenback coupled with speculation of decline in November exports. The immediate resistance is envisaged around RM2,850.

WTI Crude Oil: $56.74 (-$0.43, -0.75%)
Crude oil prices extended its losses as investors continue to monitor on the political instability in Saudi Arabia. The immediate resistance is located at US$60.

Gold: $1,275.07 (-$10.00, -0.78%)
Gold prices retreated after the U.S. Dollar gained momentum against a basket of currencies. The immediate support will be pegged around US$1,250.

Economic Releases:
MY - Malaysia's Unemployment Rate, 12.00PM

Bursa Malaysia Trade Statistics - 10 Nov 17
Institutions:  Net BUY 68.1 mln (57.8%)
Retail:  Net SELL 9.8 mln (24.3%)
Foreign:  Net SELL 58.3 mln (17.9%)

Potential Momentum Stocks - 13 Nov 17 
Stock Name: POHUAT (7088)
Entry: Buy above RM2.00
Target: RM2.08 (4.0%), RM2.13 (6.5%)
Stop: RM1.97 (-1.5%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: SEM (5250)
Entry: Buy above RM1.55
Target: RM1.63 (5.2%), RM1.73 (11.6%)
Stop: RM1.50 (-3.2%)
Shariah: Yes
Technical: Symmetrical triangle formation breakout

Source: Bloomberg, M+ Online

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