Dow Jones: 24,360.14 pts (-122.91pts, -0.50%)
U.S. stockmarkets retreated as the Dow slipped 0.5% despite the stronger-than-expected corporate earnings from banking giants like JP Morgan and Citigroup. The immediate resistance is located at 25,000.

FBM KLCI: 1,868.47 pts (-5.15pts, -0.27%)
The FBM KLCI (-0.3%) snapped a six-day winning streak on the back of profit taking activities. The immediate resistance is located at 1,880.

Crude Palm Oil: RM2,401 (-RM25, -1.03%)
Crude palm oil prices formed a bearish engulfing candle on expectation over the resumption of export tax in May 2018. The immediate support is envisaged around RM2,400.

WTI Crude Oil: $67.39 (+$0.32, +0.47%)
Crude oil prices advanced for the fifth straight session as investors continue to monitor the developments in Syria.  The immediate resistance is located at US$70.

Gold: $1,346.20 (+$11.26, +0.84%)
Gold prices rebounded on rising geopolitical tension in the Middle East. The immediate resistance will be pegged around US$1,360.

Economic Releases:
MY - Malaysia's Unemployment Rate, 12.00PM
US - United States' Retail Sales, 8.30PM

Bursa Malaysia Trade Statistics - 13 Apr 18
Institutions:  Net BUY 17.2 mln (55.7%)
Retail:  Net SELL 32.5 mln (23.3%)
Foreign:  Net BUY 15.3 mln (21.0%)

Potential Momentum Stocks - 16 Apr 18 
Stock Name: LEESK (8079)
Entry: Buy above RM0.65
Target: RM0.735 (13.1%), RM0.78 (20.0%)
Stop: RM0.60 (-7.7%)
Shariah: Yes
Technical: Trendline breakout

Stock Name: NOTION (0083)
Entry: Buy above RM0.61
Target: RM0.695 (13.9%), RM0.745 (22.1%)
Stop: RM0.55 (-9.8%)
Shariah: Yes
Technical: Consolidation breakout

Source: Bloomberg, M+ Online

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