Dow Jones: 25,369.13 pts (-16.67pts, -0.07%)
U.S. stockmarkets retreated from record high levels as the Dow fell 0.1% after trimming most of its intraday losses. The immediate resistance is located at 25,500.

FBM KLCI: 1,822.92 pts (-4.03pts, -0.22%)
Despite the higher crude oil prices, the extended profit taking activities sent the FBM KLCI (-0.2%) lower yesterday. The immediate resistance is located at 1,850.

Crude Palm Oil: RM2,622 (+RM25, +0.96%)
Crude palm oil prices staged a mild recovery on optimism over demand following the export tax cut. The immediate resistance is envisaged around RM2,650.

WTI Crude Oil: $63.57 (+$0.61, +0.97%)
Crude oil prices extended its gains to register its third straight session of gains. The immediate resistance is located at US$63.

Gold: $1,316.89 (+$4.04, +0.31%)
Gold prices advanced on concern over the possibility of China could slow its purchase of U.S. Treasuries. The immediate resistance will be pegged around US$1,350.

Economic Releases:
MY - Malaysia's Industrial Production, 12.00PM
EU - Eurozone's Industrial Production, 6.00PM
US - United States' Producer Price Index, 9.30PM

Bursa Malaysia Trade Statistics - 10 Jan 18
Institutions:  Net SELL 169.2 mln (55.2%)
Retail:  Net BUY 84.9 mln (27.6%)
Foreign:  Net BUY 84.3 mln (17.2%)

Potential Momentum Stocks - 11 Jan 18 
Stock Name: LIIHEN (7089)
Entry: Buy above RM3.53
Target: RM3.85 (9.1%), RM4.00 (13.3%)
Stop: RM3.35 (-5.1%)
Shariah: Yes
Technical: Trendline breakout

Stock Name: WELLCAL (7231)
Entry: Buy above RM1.50
Target: RM1.58 (5.3%), RM1.66 (10.7%)
Stop: RM1.45 (-3.3%)
Shariah: Yes
Technical: Bullish engulfing candle

Source: Bloomberg, M+ Online

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