Dow Jones: 25,029.20 pts (-380.83pts, -1.50%)
U.S. stockmarkets sank deeper into the red as the Dow fell 1.5% yesterday and consequently recorded its first monthly decline since March 2017, falling 4.3% M.o.M. The immediate support is located at 25,000.

FBM KLCI: 1,856.20 pts (-15.26pts, -0.82%)
The eleventh hour selling pressure in selective index heavyweights sent the FBM KLCI (-0.8%) to erase all its previous session gains as the key index formed a bearish engulfing candle yesterday. The immediate support is located at 1,850.

Crude Palm Oil: RM2,559 (+RM17, +0.67%)
Crude palm oil prices trended higher, marking its first monthly gain since October 2017. The immediate resistance is envisaged around RM2,550.

WTI Crude Oil: $61.64 (-$1.37, -2.17%)
Crude oil prices extended its losses amid the larger-than-expected inventory build-up. The immediate resistance is located at US$67.

Gold: $1,318.31 (-$0.05, -0.00%)
Gold prices closed on a flat note yesterday as gains were capped by the appreciation of U.S. Dollar against a basket of currencies. The immediate support will be pegged around US$1,300.

Economic Releases:
JP - Japan's Nikkei Manufacturing PMI, 8.30AM
MY - Malaysia's Nikkei Manufacturing PMI, 8.30AM
CN - China's Caixin Manufacturing PMI, 9.45AM
EU - Eurozone's Markit Manufacturing PMI, 5.00PM
EU - Eurozone's Unemployment Rate, 6.00PM
US - United States' ISM Manufacturing PMI, 11.00PM

Bursa Malaysia Trade Statistics - 28 Feb 18
Institutions:  Net SELL 12.6 mln (46.9%)
Retail:  Net BUY 38.7 mln (19.5%)
Foreign:  Net SELL 26.1 mln (33.6%)

Potential Momentum Stocks - 1 Mar 18 
Stock Name: GHLSYS (0021)
Entry: Buy above RM1.46
Target: RM1.57 (7.5%), RM1.62 (11.0%)
Stop: RM1.40 (-4.1%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: FRONTKN (0128)
Entry: Buy above RM0.485
Target: RM0.525 (8.2%), RM0.55 (13.4%)
Stop: RM0.465 (-4.1%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

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