Dow Jones: 24,585.43 pts (+80.63pts, +0.33%)
U.S. stockmarkets closed mixed overnight as the Dow (+0.3%) trended higher after the U.S. Federal Reserve raised its benchmark interest rates by 25 basis points, while the S&P 500 edged 0.1% lower. The immediate resistance is located at 24,750.

FBM KLCI: 1,737.66 pts (+8.09pts, +0.47%)
The FBM KLCI (+0.5%) extended its gains yesterday as the key index powered above the 1,730 resistance level on window dressing activities. The immediate resistance is located at 1,750.

Crude Palm Oil: RM2,458 (-RM15, -0.61%)
Crude palm oil prices retreated on weak demand from India. The immediate support is envisaged around RM2,400.

WTI Crude Oil: $56.60 (-$0.54, -0.95%)
Crude oil prices extended its losses despite drawdown in inventory level. The immediate resistance is located at US$60.

Gold: $1,255.50 (+$11.01, +0.88%)
Gold prices advanced after the U.S. Dollar retreated against a basket of currencies. The immediate support will be pegged around US$1,200.

Economic Releases:
CN - China's Industrial Production, 10.00AM
CN - China's Retail Sales, 10.00AM
UK - United Kingdom's Retail Sales, 5.30PM
UK - United Kingdom's Bank of England's Interest Rate Decision, 8.00PM
EU - Eurozone's European Central Bank's Interest Rate Decision, 8.45PM
US - United States' Retail Sales, 9.30PM

Bursa Malaysia Trade Statistics - 13 Dec 17
Institutions:  Net SELL 113.7 mln (60.0%)
Retail:  Net SELL 11.3 mln (18.8%)
Foreign:  Net BUY 125.0 mln (21.2%)

Potential Momentum Stocks - 14 Dec 17 
Stock Name: JAKS (4723)
Entry: Buy above RM1.51
Target: RM1.61 (6.6%), RM1.65 (9.3%)
Stop: RM1.430 (-5.3%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: MRCB (1651)
Entry: Buy above RM1.07
Target: RM1.15 (7.5%), RM1.18 (10.3%)
Stop: RM1.02 (-4.7%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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