Dow Jones: 24,601.27 pts (+410.37pts, +1.70%)
U.S stockmarkets started off the week on a strong footing as the Dow jumped 1.7% after the the 10-year treasury yield stabilised. The immediate resistance is located at 25,000.

FBM KLCI: 1,830.17 pts (+10.35pts, +0.57%)
The FBM KLCI (+0.6%) staged a strong recovery in tandem with the gains across regional indices. The immediate resistance is located at 1,850.

Crude Palm Oil: RM2,543 (+RM29, +1.15%)
Crude palm oil prices advanced for the third straight session, taking cue from the gains in soybean oil prices. The immediate resistance is envisaged around RM2,550.

WTI Crude Oil: $59.29 (+$0.09, +0.15%)
Crude oil prices staged a mild recovery after OPEC raised the demand forecast for 2018. The immediate support is located at US$55.

Gold: $1,322.70 (+$6.05, +0.46%)
Gold prices advanced after the U.S. Dollar depreciated against a basket of currencies. The immediate support will be pegged around US$1,300.

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

Bursa Malaysia Trade Statistics - 12 Feb 18
Institutions:  Net BUY 245.0 mln (54.7%)
Retail:  Net SELL 14.7 mln (19.4%)
Foreign:  Net SELL 230.3 mln (25.9%)

Potential Momentum Stocks - 13 Feb 18 
Stock Name: UCHITEC (7100)
Entry: Buy above RM2.79
Target: RM3.04 (9.0%), RM3.32 (19.0%)
Stop: RM2.57 (-7.9%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: SERBADK (5279)
Entry: Buy above RM3.44
Target: RM3.66 (6.4%), RM3.80 (10.5%)
Stop: RM3.25 (-5.5%)
Shariah: Yes
Technical: Trendline breakout

Source: Bloomberg, M+ Online

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