Dow Jones: 24,895.21 pts (+93.85pts, +0.38%)
U.S. stockmarkets rebounded overnight as the Dow gained 0.4% after U.S. President Donald Trump imposed tariff on steel and aluminium. The immediate support is located at 24,000.

FBM KLCI: 1,839.62 pts (+1.72pts, +0.09%)
The FBM KLCI (+0.1%) chalked in marginal gains yesterday in line with the positive sentiment across Asia peers. The immediate support is located at 1,830.

Crude Palm Oil: RM2,410 (-RM33, -1.35%)
Crude palm oil prices extended its losses as demand prospects for India dwindled. The immediate support is envisaged around RM2,400.

WTI Crude Oil: $60.12 (-$1.03, -1.69%)
Crude oil prices extended its losses amid the rising U.S. production. The immediate resistance is located at US$63.

Gold: $1,321.99 (-$3.58, -0.27%)
Gold prices extended its losses after the Greenback appreciated against a basket of currencies. The immediate support will be pegged around US$1,300.

Economic Releases:
CN - China's Inflation Rate, 9.30AM
JP - Japan's Bank of Japan Interest Rate Decision, 11.00AM
UK - United Kingdom's Manufacturing Production, 5.30PM
UK - United Kingdom's Industrial Production, 5.30PM

Bursa Malaysia Trade Statistics - 8 Mar 18
Institutions:  Net BUY 71.6 mln (55.4%)
Retail:  Net BUY 19.0 mln (22.4%)
Foreign:  Net SELL 90.6 mln (22.2%)

Potential Momentum Stocks - 9 Mar 18 
Stock Name: GKENT (3204)
Entry: Buy above RM4.24
Target: RM4.47 (5.4%), RM4.600 (8.5%)
Stop: RM4.07 (-4.0%)
Shariah: Yes
Technical: Bullish engulfing candle

Stock Name: BJFOOD (5196)
Entry: Buy above RM1.80
Target: RM1.90 (5.6%), RM1.98 (10.0%)
Stop: RM1.72 (-4.4%)
Shariah: Yes
Technical: Symmetrical triangle formation breakout

Source: Bloomberg, M+ Online

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