Dow Jones: 25,052.83 pts (-545.91pts, -2.13%)
The selling pressure in Wall Street remain unabated overnight as the Dow slipped 2.1% amid the concern over rising interest rates and slowdown in global economy growth. The immediate support is located at 24,500.

FBM KLCI: 1,708.49 pts (-26.69pts, -1.54%)
Tracking the weakness in Wall Street overnight, the FBM KLCI gapped down alongside with the negative market sentiment across its regional peers. The immediate support is located at 1,660.

Crude Palm Oil: RM2,171 (-RM22, -1.00%)
Crude palm oil extended its losses, taking cue from the lower soybean oil prices. The immediate support is located around RM2,140.

WTI Crude Oil: $70.97 (-$2.20, -3.02%)
Crude oil prices extended its losses as India and China will continue to purchase Iranian oil. The immediate support is located at US$70.

Gold: $1,224.09 (+$29.30, +2.45%)
Gold prices trended sharply higher to close at its highest level in two months as demands perks up from the global equities selloff. The immediate resistance is located around $1,250.

Economic Releases:
MY - Malaysia's Retail Sales, 12.00PM
EU - Eurozone's Industrial Production, 5.00PM

Bursa Malaysia Trade Statistics - 11 Oct 18
Institutions:  Net BUY 260.0 mln (55.2%)
Retail:  Net BUY 67.9 mln (23.1%)
Foreign:  Net SELL 327.9 mln (21.7%)

Potential Momentum Stocks - 12 Oct 18
Stock Name: DSONIC (5216)
Entry: Buy above RM0.66
Target: RM0.715 (8.3%), RM0.745 (12.9%)
Stop: RM0.62 (-6.1%)
Shariah: Yes
Technical: Bullish engulfing candle

Stock Name: KAB (0193)
Entry: Buy above RM0.27
Target: RM0.31 (14.8%), RM0.33 (22.2%)
Stop: RM0.25 (-7.4%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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