Dow Jones: 17,674.82 pts (-57.66pts, -0.33%)
U.S. equities declined for the fourth consecutive day amid Brexit worries. Furthermore, investors are waiting for the FOMC meeting decision on 15th of June. 

FBM KLCI: 1,626.11 pts (-3.66pts, -0.22%)
Again, the FBM KLCI slipped below the immediate support of 1,626. As indicators are mixed, the FBM KLCI may trend sideways over the near term.

Crude Palm Oil: RM2,481 (-RM47, -1.86%)
CPO prices headed for another down day, tracking the pullback in soybean, coupled with the weakness in Dalian markets. Next support will be pegged around RM2,450

WTI Crude Oil: $48.49 (-$0.39, -0.79%)
Crude oil prices ended lower for the fourth session as crude inventories added 1.16 mln barrels last week, according to the data provided by American Petroleum Institute.

Gold: $1,285.72 (+$3.58, +0.28%)
Gold stretched its uptrend momentum for the fifth day as investors were bullish on precious metal amid Brexit concern. Near term target will be pegged around US$1,300.

Economic Releases:
US - MBA US Mortgage Market Index - 15 Jun 16, 7:00PM
US - US Industrial Production Groups Manufacturing - 15 Jun 16, 9:15PM

Bursa Malaysia Trade Statistics - 14 Jun 16
Institutions:  Net BUY 215.9 mln (56.4%)
Retail:  Net BUY 68.6 mln (17.1%)
Foreign:  Net SELL 284.5 mln (26.5%)

Potential Momentum Stocks - 15 Jun 16 
Stock Name: SUPERLN (7235)
Entry: Buy around RM2.100
Target: RM2.300 (9.5%), RM2.400 (14.3%)
Stop: RM2.050 (-2.4%)
Technical: Flag breakout

Stock Name: OLDTOWN (5201)
Entry: Buy above RM1.850
Target: RM2.000 (8.1%), RM2.200 (18.9%)
Stop: RM1.780 (-3.8%)
Technical: Sideways consolidation breakout

Source: Bloomberg, M+ Online

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