Dow Jones: 23,909.84 pts (-86.11pts, -0.36%)
U.S. stockmarkets extended their losses as the Dow fell 0.4%, dragged down by concern over economic slowdown in China, coupled with expectation over slower corporate earnings growth. The immediate resistance is located at 24,500.

FBM KLCI: 1,676.16 pts (-7.06pts, -0.42%)
The FBM KLCI (-0.4%) retreated in tandem across the regional peers, dragged down by the poor China trade data. The immediate resistance is located at 1,700.

Crude Palm Oil: RM2,136 (-RM35, -1.61%)
Crude palm oil prices endured one of its worst sessions in two months on expectation over sluggish exports data. The immediate resistance is located around RM2200.

WTI Crude Oil: $50.51 (-$1.08, -2.11%)
Crude oil prices extended its losses after erasing all its intraday gains, pressured by the weakening China trade data. The immediate resistance is located at US$55.

Gold: $1,291.72 (+$1.47, +0.11%)
Gold prices extended its gains as demand for safe haven assets return to the forefront. The immediate resistance is located around $1,300.

Economic Releases:
MY - Malaysia's Unemployment Rate, 12.00PM
US - United States' Producer Price Index, 9.30PM

Potential Momentum Stocks - 15 Jan 19 
Stock Name: MAYBULK (5077)
Entry: Buy above RM0.61
Target: RM0.65 (6.6%), RM0.68 (11.5%)
Stop: RM0.58 (-4.9%)
Shariah: No
Technical: Monitor for breakout

Stock Name: MALAKOF (5264)
Entry: Buy above RM0.83
Target: RM0.885 (6.6%), RM0.905 (9.0%)
Stop: RM0.795 (-4.2%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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