Dow Jones: 25,007.03 pts (-171.58pts, -0.68%)
U.S. stockmarkets extended its losses overnight as the Dow (-0.7%) fell on renewed political uncertainty. The immediate resistance is located at 25,500.
FBM KLCI: 1,864.03 pts (+2.81pts, +0.15%)
The FBM KLCI (+0.2%) trended higher for the fourth straight session yesterday, amid the eleventh hour buying support in selective index heavyweights. The immediate resistance is located at 1,880.
Crude Palm Oil: RM2,413 (+RM32, +1.34%)
Crude palm oil prices extended its gains on expectation over lower stockpile in March 2018. The immediate support is envisaged around RM2,350.
WTI Crude Oil: $60.71 (-$0.65, -1.06%)
Crude oil prices extended its losses amid the rising U.S. shale supply. The immediate resistance is located at US$63.
Gold: $1,326.51 (+$3.41, +0.26%)
Gold prices staged a mild rebound after the U.S. Dollar retreated against a basket of currencies. The immediate support will be pegged around US$1,300.
Economic Releases:
EU - Eurozone's Industrial Production, 6.00PM
US - United States' Retail Sales, 8.30PM
US - United States' Producer Price Index, 8.30PM
Bursa Malaysia Trade Statistics - 13 Mar 18
Institutions: Net SELL 115.7 mln (54.0%)
Retail: Net SELL 7.2 mln (21.3%)
Foreign: Net BUY 122.9 mln (24.7%)
Potential Momentum Stocks - 14 Mar 18
Stock Name: CCMDBIO (7148)
Entry: Buy above RM2.87
Target: RM3.04 (5.9%), RM3.20 (11.5%)
Stop: RM2.75 (-4.2%)
Shariah: Yes
Technical: Symmetrical triangle formation breakout
Stock Name: TRIPLC (5622)
Entry: Buy above RM2.36
Target: RM2.50 (5.9%), RM2.60 (10.2%)
Stop: RM2.30 (-2.5%)
Shariah: No
Technical: Breakout-pullback-continuation
Source: Bloomberg, M+ Online
Disclaimer
The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.
The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.
Chart | Stock Name | Last | Change | Volume |
---|
moneykj
Bkoon
2018-03-14 08:57