Dow Jones: 25,080.50 pts (-205.99pts, -0.81%)
U.S. stockmarkets trended lower overnight as the Dow(-0.8%) recorded its fourth straight session of decline after the Democrats voiced concern over the revamped Nafta deal. The immediate resistance is located at 26,000.

FBM KLCI: 1,688.41 pts (+0.84pts, +0.05%)
The FBM KLCI (+0.1%) halted a three-day losing streak, powered by late buying support in selected index heavyweights yesterday. The immediate support is located at 1,670.

Crude Palm Oil: RM1,973 (-RM34, -1.69%)
Crude palm oil prices trended lower for the seventh straight session, closing below the RM2,000 per metric tonne level amid concern over rising production and slowing demand growth. The immediate support is located around RM1950.

WTI Crude Oil: $56.25 (+$0.56, +1.00%)
Crude oil prices snapped a twelve day losing streak on expectation that OPEC signals to cut 1.0 mln barrels per day, starting from 2019. The immediate support is located at US$53.

Gold: $1,210.88 (+$8.65, +0.72%)
Gold prices extended its gains, boosted by improved demand in safe haven assets. The immediate resistance is located around $1,250.

Economic Releases:
UK - United Kingdom's Retail Sales, 5.30PM
US - United States' Retail Sales, 9.30PM

Potential Momentum Stocks - 15 Nov 18 
Stock Name: VS (6963)
Entry: Buy above RM1.65
Target: RM1.80 (9.1%), RM1.88 (13.9%)
Stop: RM1.56 (-5.5%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: DUTALND (3948)
Entry: Buy above RM0.51
Target: RM0.535 (4.9%), RM0.56 (9.8%)
Stop: RM0.49 (-3.9%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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