Dow Jones: 25,250.55 pts (-89.44pts, -0.35%)
U.S. stockmarkets traded in a volatile manner before closing lower as the Dow fell 0.4% overnight, dragged down by the weakness in technology shares and the disappointing retail sales data in September 2018 that expanded only 0.1% Y.o.Y. The immediate support is located at 25,000.

FBM KLCI: 1,728.74 pts (-2.00pts, -0.12%)
The FBM KLCI (-0.1%) started off the week on a dour note after erasing all its intraday gains yesterday as foreign funds trimmed Malaysian equities for the seventh straight session. The immediate support is located at 1,700.

Crude Palm Oil: RM2,242 (-RM11, -0.49%)
Crude palm oil edged lower after erasing all its intraday gains on concern over export demand. The immediate support is located around RM2,200.

WTI Crude Oil: $71.78 (+$0.44, +0.62%)
Crude oil prices extended its gains as investors assess the relation between U.S. and Saudi Arabia amid the disappearance of prominent Saudi oil journalist, Jamal Khashoggi. The immediate support is located at US$70.

Gold: $1,227.06 (+$10.01, +0.82%)
Gold prices recovered all its previous session losses on geopolitical tension between U.S. and Saudi Arabia. The immediate resistance is located around $1,250.

Economic Releases:
CN - China's Inflation Rate, 9.30AM
CN - China's Producer Price Index, 9.30AM
UK - United Kingdom's Unemployment Rate, 4.30PM
US - United States' Manufacturing Production, 9.15PM
US - United States' Industrial Production, 9.15PM

Bursa Malaysia Trade Statistics - 15 Oct 18
Institutions:  Net BUY 123.8 mln (52.0%)
Retail:  Net SELL 45.9 mln (25.1%)
Foreign:  Net SELL 77.9 mln (22.9%)

Potential Momentum Stocks - 16 Oct 18 
Stock Name: CCM (2879)
Entry: Buy above RM1.94
Target: RM2.15 (10.8%), RM2.40 (23.7%)
Stop: RM1.80 (-7.2%)
Shariah: Yes
Technical: Trendline breakout

Stock Name: MASTER (7029)
Entry: Buy above RM0.625
Target: RM0.67 (7.2%), RM0.685 (9.6%)
Stop: RM0.60 (-4.0%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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