Dow Jones: 26,062.12 pts (-92.55pts, -0.35%)
U.S. stockmarkets retreated overnight as the Dow fell 0.4%, dragged down by the renewed concern over trade spat after U.S. will impose additional US$200.0 bln with of tariffs in Chinese goods. The immediate resistance is located at 26,600.

FBM KLCI: 1,803.76 pts (+11.16pts, +0.62%)
The FBM KLCI (+0.6%) advanced to close above the 1,800 psychological ahead of the extended weekend break on last Friday. The immediate support is located at 1,780.

Crude Palm Oil: RM2,247 (-RM21, -0.93%)
Crude palm oil prices retreated amid the sluggish demand, coupled with expectation over rising production. The immediate resistance is located around RM2,300.

WTI Crude Oil: $68.91 (-$0.08, -0.12%)
Crude oil prices edged marginally lower as the decline in supply were offset by the expectation over slowdown in demand. The immediate resistance is located at US$72.

Gold: $1,201.46 (+$6.61, +0.55%)
Gold prices advanced on improved demand for safe haven assets, due to the escalating trade tension between U.S. and China. The immediate support will be pegged around US$1,150.

Bursa Malaysia Trade Statistics - 17Sep18
Institutions:  Net SELL 104.5 mln (51.9%)
Retail:  Net SELL 73.2 mln (22.4%)
Foreign:  Net BUY 177.7 mln (25.7%)

Potential Momentum Stocks - 18Sep18 
Stock Name: TOYOINK (7173)
Entry: Buy above RM0.69
Target: RM0.75 (8.7%), RM0.785 (13.8%)
Stop: RM0.65 (-5.8%)
Shariah: Yes
Technical: Flag-formation breakout

Stock Name: HEVEA (5095)
Entry: Buy above RM0.90
Target: RM0.965 (7.2%), RM1.00 (11.1%)
Stop: RM0.85 (-5.6%)
Shariah: Yes
Technical: Monitor for trendline breakout

Source: Bloomberg, M+ Online

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