Dow Jones: 24,801.36 pts (-82.76pts, -0.33%)
U.S. stockmarkets managed to trim most of their intraday losses as the Dow fell 0.3% on easing concern over potential trade war. The immediate support is located at 24,000.

FBM KLCI: 1,837.90 pts (-10.47pts, -0.57%)
The FBM KLCI (-0.6%) reversed all its previous session gains in line with weakness across Asia peers. The immediate support is located at 1,830.

Crude Palm Oil: RM2,443 (-RM35, -1.41%)
Crude palm oil prices retreated on speculation over slower demand from India. The immediate support is envisaged around RM2,450.

WTI Crude Oil: $61.15 (-$1.45, -2.32%)
Crude oil prices formed a bearish engulfing candle after U.S. output and stockpiles rose. The immediate resistance is located at US$63.

Gold: $1,325.57 (-$8.99, -0.67%)
Gold prices retreated as concern over potential trade war eased. The immediate support will be pegged around US$1,300.

Economic Releases:
JP - Japan's 4Q2017 GDP Growth Rate, 7.50AM
EU - Eurozone's European Central Bank Interest Rate Decision, 8.45PM

Bursa Malaysia Trade Statistics - 7 Mar 18
Institutions:  Net SELL 45.0 mln (55.4%)
Retail:  Net BUY 77.4 mln (22.4%)
Foreign:  Net SELL 32.4 mln (22.2%)

Potential Momentum Stocks - 8 Mar 18 
Stock Name: BPURI (5932)
Entry: Buy above RM0.34
Target: RM0.375 (10.3%), RM0.39 (14.7%)
Stop: RM0.315 (-7.4%)
Shariah: Yes
Technical: Bullish engulfing candle

Stock Name: SUNWAY (5211)
Entry: Buy above RM1.63
Target: RM1.71 (4.9%), RM1.79 (9.8%)
Stop: RM1.56 (-4.3%)
Shariah: Yes
Technical: Monitor for trendline breakout

Source: Bloomberg, M+ Online

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