Dow Jones: 24,682.31 pts (-44.96pts, -0.18%)
U.S. stockmarkets endured a choppy trading session before erasing all their intraday gains as the Dow fell 0.2% after the U.S. Federal Reserve raised its benchmark interest rate by 25 basis points and delivered a hawkish stance on future rate hikes. The immediate resistance is located at 25,500.

FBM KLCI: 1,865.80 pts (+9.41pts, +0.51%)
Tracking the gains in Wall Street overnight, the FBM KLCI (+0.5%) climbed higher for the fourth straight session yesterday. The immediate resistance is located at 1,880.

Crude Palm Oil: RM2,448 (+RM13, +0.53%)
Crude palm oil prices trended higher, boosted by the expectation over improved demand. The immediate resistance is envisaged around RM2,500.

WTI Crude Oil: $65.17 (+$1.77, +2.80%)
Crude oil prices extended its gains amid the unexpected decline in U.S. inventory levels. The immediate resistance is located at US$67.

Gold: $1,332.24 (+$20.93, +1.60%)
Gold prices rallied after the U.S. Dollar retreated against a basket of currencies. The immediate support will be pegged around US$1,300.

Economic Releases:
UK - United Kingdom's Retail Sales, 5.30PM
UK - United Kingdom's Bank of England Interest Rate Decision, 8.00PM

Bursa Malaysia Trade Statistics - 21 Mar 18
Institutions:  Net SELL 124.4 mln (53.5%)
Retail:  Net SELL 34.8 mln (17.8%)
Foreign:  Net BUY 159.2 mln (28.7%)

Potential Momentum Stocks - 22 Mar 18 
Stock Name: KGB (0151)
Entry: Buy above RM0.765
Target: RM0.835 (9.2%), RM0.865 (13.1%)
Stop: RM0.73 (-4.6%)
Shariah: Yes
Technical: Trendline breakout

Stock Name: SUPERMX (7106)
Entry: Buy above RM2.76
Target: RM2.92 (5.8%), RM3.10 (12.3%)
Stop: RM2.64 (-4.3%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

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