Dow Jones: 24,508.66 pts (-76.77pts, -0.31%)
U.S. stockmarkets retreated from record high levels as the Dow fell 0.3% overnight on concern over the overhaul of tax implementation. The immediate resistance is located at 24,750.

FBM KLCI: 1,759.00 pts (+21.34pts, +1.23%)
The FBM KLCI (+1.2%) rallied yesterday, underpinned by window dressing activities. The immediate resistance is located at 1,770.

Crude Palm Oil: RM2,452 (-RM6, -0.24%)
Crude palm oil prices retreated on weak demand from India. The immediate support is envisaged around RM2,400.

WTI Crude Oil: $57.04 (+$0.44, +0.78%)
Crude oil prices retreated to close at five month low level on concern over sluggish demand. The immediate resistance is located at US$60.

Gold: $1,252.96 (-$2.54, -0.20%)
Gold prices ended relatively flat after shrugging off the appreciation of U.S. Dollar against a basket of currencies. The immediate support will be pegged around US$1,200.

Economic Releases:
US - United States' Manufacturing Production, 10.15PM
US - United States' Industrial Production, 10.15PM

Bursa Malaysia Trade Statistics - 14 Dec 17
Institutions:  Net SELL 272.0 mln (61.2%)
Retail:  Net SELL 38.4 mln (17.1%)
Foreign:  Net BUY 310.4 mln (21.7%)

Potential Momentum Stocks - 15 Dec 17 
Stock Name: OKA (7140)
Entry: Buy above RM1.61
Target: RM1.71 (6.2%), RM1.85 (14.9%)
Stop: RM1.54 (-4.3%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: WONG (7050)
Entry: Buy above RM1.15
Target: RM1.23 (7.0%), RM1.30 (13.0%)
Stop: RM1.10 (-4.3%)
Shariah: Yes
Technical: Consolidation breakout

Source: Bloomberg, M+ Online

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