Dow Jones: 17,705.91 pts (-34.72pts, -0.20%)
Wall Street ended mildly lower as gains in health-care and consumer shares were offset by disappointing Chinese trade data. 

FBM KLCI: 1,632.19 pts (-17.17pts, -1.04%)
Once again, selling pressure sent the FBM KLCI lower near the support of 1,630. With the mixed sentiments abroad, the FBM KLCI may consolidate further near the support zone over the near term. Meanwhile, upside will be capped around 1,660.

Crude Palm Oil: RM2,662 (+RM34, +1.29%)
Crude palm oil prices rose on the back of potential higher demand during Ramadan season and rally in soy bean oil. Also, traders may be anticipating lower palm oil stockpiles in Malaysia as MPOB data will be releasing today. 

WTI Crude Oil: $43.44 (-$1.16, -2.59%)
Crude oil prices traded towards an intra-day high of US$45.94. However, as Genscape reported that Cushing supplies grew by 1.4 mln barrels last week, price settled below US$44.

Gold: $1,263.88 (-$23.05, -1.79%)
Price traded towards the resistance of the US$1,300 level last week. However, gold prices succumbed to further selling activities and may pullback towards the immediate support of US$1,260 level.

Economic Releases:
US - Merchant Wholesalers Sales - 10 May 16, 10:00PM
US - US Job Openings By Industry - 10 May 16, 10:00PM
US - Merchant Wholesalers Inventories - 10 May 16, 10:00PM

Bursa Malaysia Trade Statistics - 09 May 16
Institutions:  Net BUY 82.5 mln (53.9%)
Retail:  Net BUY 4.2 mln (19.6%)
Foreign:  Net SELL 86.7 mln (26.5%)

Potential Momentum Stocks - 10 May 16
Stock Name: PENTA (7160)
Entry: Buy above RM0.68
Target: RM0.72 (6.7%), RM0.77 (14.1%)
Stop: RM0.66 (-2.2%)
Technical: Potential breakout

Stock Name: ECOFIRS (3557)
Entry: Buy above RM0.265
Target: RM0.300 (13.2%), RM0.330 (24.5%)
Stop: RM0.250 (-5.7%)
Technical: Potential breakout

Source: Bloomberg, M+ Online

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