Dow Jones: 26,385.28 pts (-106.93pts, -0.40%)
U.S. stockmarkets trended lower for the third straight session as the Dow (-0.4%) dipped in the eleventh trading hour to reverse all its intraday gains after the U.S. Federal Reserve raised its benchmark interest rates for the third time in 2018. The immediate resistance is located at 27,000.

FBM KLCI: 1,798.72 pts (+4.25pts, +0.24%)
Despite opening lower at the start of the trading bell, the FBM KLCI (+0.2%) formed a bullish engulfing candle to recover most of its previous session losses yesterday. The immediate resistance is located at 1,830.

Crude Palm Oil: RM2,190 (+RM9, +0.41%)
Crude palm oil prices closed at one-week high, taking cue from the higher soybean oil prices. The immediate resistance is located around RM2,200.

WTI Crude Oil: $71.57 (-$0.71, -0.99%)
Crude oil prices retreated, dragged down by the unexpected build-up in U.S. inventory level. The immediate resistance is located at US$75.

Gold: $1,194.44 (-$6.78, -0.57%)
Gold prices retreated after the U.S. Dollar advanced against a basket of currencies, spurred by the U.S. Federal Reserve move to raise benchmark interest rates. The immediate support will be pegged around US$1,150.

Economic Releases:
EU - Eurozone's Business Confidence, 5.00PM
EU - Eurozone's Economic Sentiment, 5.00PM
EU - Eurozone's Industrial Sentiment, 5.00PM
US - United States' 2Q2018 GDP Growth Rate, 8.30PM

Bursa Malaysia Trade Statistics - 26Sep18
Institutions:  Net SELL 42.8 mln (50.8%)
Retail:  Net SELL 29.5 mln (23.2%)
Foreign:  Net BUY 72.3 mln (26.0%)

Potential Momentum Stocks - 27Sep18 
Stock Name: MUHIBAH (5703)
Entry: Buy above RM2.94
Target: RM3.15 (7.1%), RM3.20 (8.8%)
Stop: RM2.85 (-3.1%)
Shariah: Yes
Technical: Resistance breakout

Stock Name: KTC (0180)
Entry: Buy above RM0.18
Target: RM0.20 (11.1%), RM0.215 (19.4%)
Stop: RM0.17 (-5.6%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

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