Dow Jones: 24,386.03 pts (+56.87pts, +0.23%)
Despite an explosion at midtown Manhattan caused by possible terrorist attack, U.S. stockmarkets finished higher as the Dow gained 0.2% overnight. The immediate resistance is located at 24,500.

FBM KLCI: 1,719.47 pts (-1.78pts, -0.10%)
The FBM KLCI (-0.1%) ended marginally lower yesterday, bucking the positive performance across key regional indices. The immediate resistance is located at 1,730.

Crude Palm Oil: RM2,459 (-RM20, -0.81%)
Crude palm oil prices (-0.8%) retreated for the sixth consecutive session to its lowest level since June 2017 on expectation over weak exports. The immediate support is envisaged around RM2,400.

WTI Crude Oil: $57.99 (+$0.63, +1.10%)
Crude oil prices advanced for the third straight session after the Forties Pipeline System - the world's most important oil conduit was shut down due to a crack. The immediate resistance is located at US$60.

Gold: $1,242.02 (-$6.47, -0.52%)
Gold prices formed a bearish engulfing candle as demand for safe haven assets faded. The immediate support will be pegged around US$1,200.

Economic Releases:
JP - Japan's Producer Price Index, 7.50AM
UK - United Kingdom's Inflation Rate, 5.30PM
US - United States' Producer Price Index, 9.30PM

Bursa Malaysia Trade Statistics - 11 Dec 17
Institutions:  Net BUY 32.0 mln (60.0%)
Retail:  Net BUY 3.8 mln (17.4%)
Foreign:  Net SELL 35.8 mln (22.6%)

Potential Momentum Stocks - 12 Dec 17 
Stock Name: PENTA (7160)
Entry: Buy above RM2.12
Target: RM2.35 (10.8%), RM2.61 (23.1%)
Stop: RM1.98 (-6.6%)
Shariah: Yes
Technical: Hammer candle

Stock Name: PESTECH (5219)
Entry: Buy above RM1.69
Target: RM1.76 (4.1%), RM1.80 (6.5%)
Stop: RM1.63 (-3.6%)
Shariah: Yes
Technical: Bullish engulfing candle

Source: Bloomberg, M+ Online

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