Dow Jones: 25,178.61 pts (-157.13pts, -0.62%)
U.S. stockmarkets retreated overnight as the Dow slipped 0.6% ahead of the inflation data that could provide guidance on interest rate direction. The immediate resistance is located at 25,500.

FBM KLCI: 1,861.22 pts (+17.30pts, +0.94%)
The FBM KLCI (+0.9%) recorded its third straight session of gains yesterday following the robust jobs data in U.S. The immediate resistance is located at 1,880.

Crude Palm Oil: RM2,381 (+RM5, +0.21%)
Crude palm oil prices closed marginally higher after erasing most of its intraday gains on larger-than-expected inventory level. The immediate support is envisaged around RM2,300.

WTI Crude Oil: $61.36 (-$0.68, -1.10%)
Crude oil prices ended lower amid growing concern over rising U.S. shale supply. The immediate resistance is located at US$63.

Gold: $1,323.10 (-$0.83, -0.06%)
Gold prices ended marginally lower amid the prospects of interest rate hike. The immediate support will be pegged around US$1,300.

Economic Releases:
JP - Japan's Producer Price Index, 7.50AM
MY - Malaysia's Industrial Production, 12.00PM
US - United States' Inflation Rate, 8.30PM

Bursa Malaysia Trade Statistics - 12 Mar 18
Institutions:  Net SELL 239.3 mln (55.3%)
Retail:  Net SELL 40.0 mln (21.2%)
Foreign:  Net BUY 279.3 mln (23.5%)

Potential Momentum Stocks - 13 Mar 18 
Stock Name: SERBADK (5279)
Entry: Buy above RM3.43
Target: RM3.68 (7.3%), RM3.80 (10.8%)
Stop: RM3.27 (-4.7%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: PENTA (7160)
Entry: Buy above RM2.30
Target: RM2.55 (10.9%), RM2.75 (19.6%)
Stop: RM2.11 (-8.3%)
Shariah: Yes
Technical: Consolidation breakout

Source: Bloomberg, M+ Online

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