Dow Jones: 23,848.42 pts (-9.29pts, -0.04%)
Despite the stronger-than-expected 4Q2017 GDP data that expanded 2.9% Y.o.Y, the unabated selloff in technology shares sent Wall Street lower as the Dow (-0.04%) extended its losses overnight. The immediate support is located at 23,000.

FBM KLCI: 1,857.87 pts (-4.58pts, -0.25%)
The FBM KLCI (-0.3%) erased all its previous session gains in line with the weakness across regional peers. The immediate resistance is located at 1,880.

Crude Palm Oil: RM2,418 (-RM13, -0.53%)
Crude palm oil prices extended its losses after the Ringgit continue to gain momentum against the Greenback. The immediate support is envisaged around RM2,400.

WTI Crude Oil: $64.38 (-$0.87, -1.34%)
Crude oil prices trended lower for the third straight session amid the unexpected build-up in U.S. inventory. The immediate resistance is located at US$67.

Gold: $1,325.01 (-$20.04, -1.49%)
Gold prices extended its losses after the U.S. Dollar rebounded against a basket of currencies amid the robust GDP data. The immediate resistance will be pegged around US$1,360.

Economic Releases:
JP - Japan's Retail Sales, 7.50AM
UK - United Kingdom's 4Q2017 GDP Growth Rate, 4.30PM

Bursa Malaysia Trade Statistics - 28 Mar 18
Institutions:  Net BUY 206.6 mln (50.8%)
Retail:  Net BUY 1.1 mln (22.2%)
Foreign:  Net SELL 207.7 mln (27.0%)

Potential Momentum Stocks - 29 Mar 18 
Stock Name: EG (8907)
Entry: Buy above RM0.56
Target: RM0.62 (10.7%), RM0.66 (17.9%)
Stop: RM0.535 (-4.5%)
Shariah: Yes
Technical: Monitor for trendline breakout

Stock Name: OCK (0172)
Entry: Buy above RM0.815
Target: RM0.86 (5.5%), RM0.91 (11.7%)
Stop: RM0.77 (-5.5%)
Shariah: Yes
Technical: Hammer candle

Source: Bloomberg, M+ Online

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