Dow Jones: 24,946.51 pts (+72.85pts, +0.29%)
U.S. stockmarkets advanced last Friday as the Dow gained 0.3%, boosted by the industrial production data that rose 4.4% Y.o.Y in February 2018 - the biggest advance since March 2011. The immediate resistance is located at 25,500.

FBM KLCI: 1,846.39 pts (+1.12pts, +0.06%)
The FBM KLCI (+0.1%) staged a mild recovery last Friday, lifted by buying support in selected telco heavyweights. The immediate support is located at 1,840.

Crude Palm Oil: RM2,416 (-RM25, -1.02%)
Crude palm oil prices sank lower amid the potential rising production in March 2018. The immediate support is envisaged around RM2,350.

WTI Crude Oil: $62.34 (+$1.15, +1.87%)
Crude oil prices rallied, despite the number of oil rigs continue to increase in U.S. The immediate resistance is located at US$63.

Gold: $1,314.24 (-$1.86, -0.14%)
Gold prices trended lower for the third straight session as investors were cautious on the upcoming Fed meeting. The immediate support will be pegged around US$1,300.

Bursa Malaysia Trade Statistics - 16 Mar 18
Institutions:  Net BUY 274.6 mln (38.5%)
Retail:  Net SELL 47.1 mln (12.2%)
Foreign:  Net SELL 227.5 mln (49.3%)

Potential Momentum Stocks - 19 Mar 18 
Stock Name: CAB (7174)
Entry: Buy above RM0.935
Target: RM0.995 (6.4%), RM1.08 (15.5%)
Stop: RM0.90 (-3.7%)
Shariah: Yes
Technical: Consolidation breakout

Stock Name: TEOSENG (7252)
Entry: Buy above RM1.03
Target: RM1.14 (10.7%), RM1.20 (16.5%)
Stop: RM0.97 (-5.8%)
Shariah: Yes
Technical: Trendline breakout

Source: Bloomberg, M+ Online

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