Dow Jones: 25,313.14 pts (-196.09pts, -0.77%)
U.S. stockmarkets extended their losses as the Dow fell 0.8% on rising geopolitical uncertainty in Turkey. The immediate resistance is located at 25,800.

FBM KLCI: 1,805.75 pts (+0.80pts, +0.04%)
The FBM KLCI (+0.04%) managed to record its fourth day winning on last Friday, bucking the mostly negative performance across its regional peers. The immediate resistance is located at 1,820.

Crude Palm Oil: RM2,242 (-RM4, -0.18%)
Crude palm oil prices extended its losses in tandem with the weakness across related edible oils. The immediate resistance is located around RM2,250.

WTI Crude Oil: $67.63 (+$0.82, +1.23%)
Crude oil prices rebounded after U.S. sanctions against Iran could tighten market supply, but the aforementioned commodity prices retreated for the sixth straight week. The immediate support is located at US$63.

Gold: $1,210.57 (-$1.90, -0.16%)
Gold prices extended its losses as the Greenback continues to gain momentum against basket of currencies. The immediate support will be pegged around US$1,200.

Bursa Malaysia Trade Statistics - 10 Aug 18
Institutions:  Net BUY 38.7 mln (53.0%)
Retail:  Net SELL 11.8 mln (23.8%)
Foreign:  Net SELL 26.9 mln (23.2%)

Potential Momentum Stocks - 13 Aug 18 
Stock Name: PRLEXUS (8966)
Entry: Buy above RM0.66
Target: RM0.72 (9.1%), RM0.75 (13.6%)
Stop: RM0.635 (-3.8%)
Shariah: Yes
Technical: Trendline breakout

Stock Name: LUXCHEM (5143)
Entry: Buy above RM0.68
Target: RM0.715 (5.1%), RM0.715 (5.1%)
Stop: RM0.65 (-4.4%)
Shariah: Yes
Technical: Monitor for trendline breakout

Source: Bloomberg, M+ Online

Disclaimer

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.