Dow Jones: 24,831.17 pts (+91.64pts, +0.37%)
U.S. stockmarkets inched higher last Friday as the Dow added 0.4% on easing concern over the rising interest rate following the tepid inflation data. The immediate resistance is located at 25,000.

FBM KLCI: 1,846.51 pts (+18.31pts, +1.00%)
The FBM KLCI (+1.0%) staged a sharp rebound as the key index formed a bullish engulfing candle on the eve of Malaysia's 14th General Election. The immediate support is located at 1,830.

Crude Palm Oil: RM2,381 (-RM2, -0.08%)
Crude palm oil prices closed marginally lower as profit taking activities emerged. The immediate support is envisaged around RM2,300.

WTI Crude Oil: $70.70 (-$0.66, -0.92%)
Crude oil prices retreated as U.S. oil rigs rose for the sixth straight week.  The immediate resistance is located at US$70.

Gold: $1,319.30 (-$2.30, -0.17%)
Gold prices fell after the Greenback appreciated against a basket of currencies. The immediate resistance will be pegged around US$1,360.

Economic Releases:
JP - Japan's Producer Price Index, 7.50AM

Bursa Malaysia Trade Statistics - 11 May 18
Institutions:  Net BUY 289.4 mln (56.0%)
Retail:  Net SELL 58.2 mln (17.6%)
Foreign:  Net SELL 231.2 mln (26.4%)

Potential Momentum Stocks - 14 May 18 
Stock Name: BJASSET (3238)
Entry: Buy above RM0.475
Target: RM0.51 (7.4%), RM0.54 (13.7%)
Stop: RM0.45 (-5.3%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: PESTECH (5219)
Entry: Buy above RM1.73
Target: RM1.88 (8.7%), RM1.95 (12.7%)
Stop: RM1.63 (-5.8%)
Shariah: Yes
Technical: Trendline breakout

Source: Bloomberg, M+ Online

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