Dow Jones: 24,583.42 pts (-608.01pts, -2.41%)
U.S. stockmarkets spiralled lower overnight as the Dow sank 2.4% to close below the 25,000 psychological level, erasing its year-to-date gains, dragged down by mounting concern over global economic growth and uncertainty over corporate earnings. The immediate resistance is located at 25,000.

FBM KLCI: 1,690.04 pts (-7.56pts, -0.45%)
The FBM KLCI (-0.5%) registered its fifth straight session of decline after erasing all its intraday gains yesterday. The immediate support is located at 1,670.

Crude Palm Oil: RM2,200 (-RM18, -0.81%)
Crude palm oil prices extended its losses, taking cue from the weakness in soybean oil prices. The immediate support is located around RM2,200.

WTI Crude Oil: $66.82 (+$0.39, +0.58%)
Crude oil prices staged a mild recovery, lifted by decline in gasoline inventory. The immediate support is located at US$64.

Gold: $1,233.79 (+$3.49, +0.28%)
Gold prices extended its gains the rout in equities market sparks demand for safe haven assets. The immediate resistance is located around $1,250.

Economic Releases:
EU - Eurozone's European Central Bank's Interest Rate Decision, 7.45PM

Bursa Malaysia Trade Statistics - 24 Oct 18
Institutions:  Net SELL 15.3 mln (50.2%)
Retail:  Net BUY 67.7 mln (25.8%)
Foreign:  Net SELL 52.4 mln (24.0%)

Potential Momentum Stocks - 25 Oct 18 
Stock Name: GFM (0039)
Entry: Buy above RM0.46
Target: RM0.50 (8.7%), RM0.535 (16.3%)
Stop: RM0.425 (-7.6%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: SUNZEN (0148)
Entry: Buy above RM0.20
Target: RM0.22 (10.0%), RM0.23 (15.0%)
Stop: RM0.185 (-7.5%)
Shariah: No
Technical: Consolidation breakout

Source: Bloomberg, M+ Online

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