Dow Jones: 25,299.92 pts (+112.22pts, +0.45%)
U.S. stockmarkets staged a sharp recovery as the Dow rose 0.5% overnight after the selloff in Turkey assets abated. The immediate resistance is located at 25,800.

FBM KLCI: 1,783.78 pts (+0.44pts, +0.02%)
The FBM KLCI (+0.02%) managed to eke out marginal gains after enduring a choppy trading session yesterday. The immediate support is located at 1,760.

Crude Palm Oil: RM2,213 (+RM9, +0.41%)
Crude palm oil prices rebounded after the Ringgit depreciated to 10-month low against the Greenback. The immediate resistance is located around RM2,250.

WTI Crude Oil: $67.04 (-$0.16, -0.24%)
Crude oil prices extended its losses, pressured by the strong U.S. Dollars. The immediate support is located at US$63.

Gold: $1,194.09 (+$0.59, +0.05%)
Gold prices chalked in minor gains, snapping a three-day losing streak of bargain hunting activities. The immediate support will be pegged around US$1,180.

Economic Releases:
UK - United Kingdom's Inflation Rate, 4.30PM
US - United States' Retail Sales, 8.30PM
US - United States' Industrial Production, 8.45PM
US - United States' Manufacturing Production, 8.45PM

Bursa Malaysia Trade Statistics - 14 Aug 18
Institutions:  Net BUY 93.5 mln (53.8%)
Retail:  Net BUY 33.6 mln (23.8%)
Foreign:  Net SELL 127.1 mln (22.4%)

Potential Momentum Stocks - 15 Aug 18 
Stock Name: MMSV (0113)
Entry: Buy above RM1.63
Target: RM1.78 (9.2%), RM1.88 (15.3%)
Stop: RM1.53 (-6.1%)
Shariah: Yes
Technical: Flag-formation breakout

Stock Name: EVERGRN (5101)
Entry: Buy above RM0.56
Target: RM0.615 (9.8%), RM0.65 (16.1%)
Stop: RM0.53 (-5.4%)
Shariah: Yes
Technical: Flag-formation breakout

Source: Bloomberg, M+ Online

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