Dow Jones: 25,335.74 pts (+440.53pts, +1.77%)
U.S. stockmarkets extended their gains as the Dow jumped 1.8% and subsequently recapturing the 25,000 psychological level, boosted by strong jobs data. The immediate resistance is located at 25,500.

FBM KLCI: 1,843.92 pts (+4.30pts, +0.23%)
The FBM KLCI (+0.2%) advanced, lifted by buying support in selected index heavyweights amid concern over trade war eased. The immediate resistance is located at 1,860.

Crude Palm Oil: RM2,376 (-RM34, -1.41%)
Crude palm oil prices retreated for the third straight session to close at its lowest level in 19 months on rising output. The immediate support is envisaged around RM2,300.

WTI Crude Oil: $62.04 (+$1.92, +3.20%)
Crude oil prices formed a bullish engulfing candle after the number U.S. oil rigs retreated for the first time since January 2018. The immediate resistance is located at US$63.

Gold: $1,323.93 (+$1.94, +0.15%)
Gold prices managed to chalk in minor gains after recovering from all its intraday losses. The immediate support will be pegged around US$1,300.

Bursa Malaysia Trade Statistics - 9 Mar 18
Institutions:  Net BUY 36.0 mln (55.2%)
Retail:  Net BUY 3.6 mln (23.5%)
Foreign:  Net SELL 39.6 mln (21.3%)

Potential Momentum Stocks - 12 Mar 18 
Stock Name: LAYHONG (9385)
Entry: Buy above RM0.995
Target: RM1.06 (6.5%), RM1.09 (9.5%)
Stop: RM0.94 (-5.5%)
Shariah: Yes
Technical: Bullish engulfing candle

Stock Name: SERNKOU (7180)
Entry: Buy above RM1.61
Target: RM1.71 (6.2%), RM1.80 (11.8%)
Stop: RM1.52 (-5.6%)
Shariah: Yes
Technical: Symmetrical triangle formation breakout

Source: Bloomberg, M+ Online

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