Dow Jones: 25,379.45 pts (-327.23pts, -1.27%)
U.S. stockmarkets extended its losses overnight as the Dow sank 1.3% on concern over economic growth amid the Sino-U.S. trade tension, coupled with the prospects of future interest rate hikes. The immediate resistance is located at 26,000.

FBM KLCI: 1,738.01 pts (-2.58pts, -0.15%)
The FBM KLCI (-0.2%) retreated yesterday, in line with the weakness across global equities. The immediate resistance is located at 1,770.

Crude Palm Oil: RM2,239 (-RM22, -0.97%)
Crude palm oil prices trended lower, taking cue from the weakness in soybean oil prices. The immediate support is located around RM2,200.

WTI Crude Oil: $68.65 (-$1.10, -1.58%)
Crude oil prices extended its losses, dragged down by the increase in U.S. stockpile level. The immediate support is located at US$67.

Gold: $1,225.81 (+$3.52, +0.29%)
Gold prices advanced on improved demand in safe haven assets. The immediate resistance is located around $1,250.

Bursa Malaysia Trade Statistics - 18 Oct 18
Institutions:  Net SELL 37.5 mln (57.0%)
Retail:  Net BUY 4.2 mln (21.6%)
Foreign:  Net BUY 33.3 mln (21.4%)

Potential Momentum Stocks - 19 Oct 18 
Stock Name: UCHITEC (7100)
Entry: Buy above RM3.14
Target: RM3.37 (7.3%), RM3.57 (13.7%)
Stop: RM2.93 (-6.7%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: HSSEB (0185)
Entry: Buy above RM0.92
Target: RM1.04 (13.0%), RM1.15 (25.0%)
Stop: RM0.845 (-8.2%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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