Dow Jones: 24,688.31 pts (-296.24pts, -1.19%)
U.S. stockmarkets were unable to hold on to their gains as the Dow sank 1.2% last Friday, dragged down by weaker-than-expected corporate results from Alphabet and Amazon. The immediate resistance is located at 25,000.

FBM KLCI: 1,683.06 pts (-3.53pts, -0.21%)
Tracking the weakness in Wall Street overnight, the FBM KLCI (-0.2%) trended lower for the sixth straight session. The immediate support is located at 1,670.

Crude Palm Oil: RM2,148 (-RM28, -1.29%)
Crude palm oil prices registered its fourth straight session of decline, dragged down by the sluggish exports data. The immediate support is located around RM2,200.

WTI Crude Oil: $67.59 (+$0.51, +0.77%)
Crude oil prices trend higher for the third consecutive day as U.S. sanctions on Iran looms. The immediate resistance is located at US$70.

Gold: $1,233.53 (+$1.36, +0.11%)
Gold prices rebounded after demand for safe haven assets improved. The immediate resistance is located around $1,250.

Bursa Malaysia Trade Statistics - 26 Oct 18
Institutions:  Net BUY 42.0 mln (47.3%)
Retail:  Net BUY 10.0 mln (26.1%)
Foreign:  Net SELL 52.0 mln (26.6%)

Potential Momentum Stocks - 29 Oct 18 
Stock Name: QL (7084)
Entry: Buy above RM7.13
Target: RM7.50 (5.2%), RM7.80 (9.4%)
Stop: RM6.73 (-5.6%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: GPACKET (0082)
Entry: Buy above RM0.38
Target: RM0.42 (10.5%), RM0.445 (17.1%)
Stop: RM0.355 (-6.6%)
Shariah: No
Technical: Consolidation breakout

Source: Bloomberg, M+ Online

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