Dow Jones: 17,929.99 pts (+235.31pts, +1.33%)
Once again, Wall Street extended its rebound for another session near the 18,000 psychological level after the Brexit-vote fall and recorded the third quarterly gains; the Dow rose 1.38% for the quarter.

FBM KLCI: 1,654.08 pts (+11.87pts, +0.72%)
The FBM KLCI surged above the EMA60 level on the back of window dressing activities. Immediate resistance will be envisaged around the 1,660 level.

Crude Palm Oil: RM2,353 (+RM30, +1.29%)
CPO ended higher on the back of a technical rebound after being oversold for the past few trading days below the RM2,400 level. Meanwhile, data from Intertek Testing Services recorded that the Malaysian palm oil shipments fell 9.8% M.o.M in June on the back of weakening demand.

WTI Crude Oil: $48.33 (-$1.68, -3.38%)
Crude oil pulled back after trading near the US$50 level, snapping a two-day gain. However, it has rose 26.1% on the quarterly basis.

Gold: $1,321.90 (+$2.77, +0.21%)
Gold prices continue to maintain its position above the US$1,300 level. As the technicals are still positive, the price may retest the US$1,350 level over the near term.

Economic Releases:
China - China Manufacturing PMI - 1Jul16, 9:00AM
Malaysia - Malaysia External Trade Balance - 1Jul16, 12:00PM
Eurozone - Markit Eurozone Manufacturing - 1Jul16, 4:00PM
US - Markit US Manufacturing PMI - 1Jul16, 9:45PM
US - ISM Manufacturing PMI - 1Jul16, 10:00PM

Bursa Malaysia Trade Statistics - 30 Jun 16
Institutions:  Net SELL 226.1 mln (55.3%)
Retail:  Net SELL 57.4 mln (13.1%)
Foreign:  Net BUY 283.5 mln (31.6%)

Potential Momentum Stocks - 01Jul16 
Stock Name: WASEONG (5142)
Entry: Buy around RM0.69
Target: RM0.76 (10.1%), RM0.795 (15.2%)
Stop: RM0.675 (-2.2%)
Technical: Technical rebound

Stock Name: PMBTECH (7172)
Entry: Buy above RM1.35
Target: RM1.48 (9.6%), RM1.57 (16.3%)
Stop: RM1.30 (-3.7%)
Technical: Breakout with volumes

Source: Bloomberg, M+ Online

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