Dow Jones: 17,865.34 pts (-119.85pts, -0.67%)
Wall Street retreated below the 18,000 psychological level on the back of concerns over economic growth and slowdown in crude oil prices, coupled with the Brexit worries. 

FBM KLCI: 1,641.22 pts (-9.29pts, -0.56%)
The FBM KLCI pulled back after hitting the 1,660 level on the technical rebound phase. As the MACD Histogram extended another red bar, the FBM KLCI may consolidate sideways over the near term above the 1,630 level.

Crude Palm Oil: RM2,580 (-RM7, -0.27%)
Despite palm oil resrves in Malaysia decreased 8.8% to 1.65 mln metric tons in May as exports rose ahead of Muslim festivals, the CPO stayed below the RM2,600 level and the price may revisit the RM2,500 level over the near term. 

WTI Crude Oil: $49.07 (-$1.49, -2.93%)
WTI crude oil extended its retracement below the US$50 per barrel mark as U.S. rigs drilling rose for the second week to 328 (+3 W.o.W).

Gold: $1,274.24 (+$4.44, +0.35%)
Gold continues to trend higher last week after the rebound above the US$1,200 level. As the momentum is picking up, price target will be located around the US$1,300 level

Economic Releases:
China - China Retail Sales Cumulative Value Y.o.Y - 13 Jun 16, 10:00AM

Bursa Malaysia Trade Statistics - 10 Jun 16
Institutions:  Net BUY 64.6 mln (61.3%)
Retail:  Net BUY 38.0 mln (19.7%)
Foreign:  Net SELL 102.6 mln (19.0%)

Potential Momentum Stocks - 13 Jun 16 
Stock Name: KRETAM (1996)
Entry: Buy around RM0.60
Target: RM0.65 (8.3%), RM0.70 (16.7%)
Stop: RM0.585 (-2.5%)
Technical: Flag breakout

Stock Name: ACOSTEC (7120)
Entry: Buy above RM0.80
Target: RM0.85 (6.3%), RM0.90 (12.5%)
Stop: RM0.775 (-3.1%)
Technical: Sideways consolidation breakout

Source: Bloomberg, M+ Online

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