Dow Jones: 17,949.37 pts (+19.38pts, +0.11%)
Wall Street rose for the fourth consecutive day after the Brexit-vote plunge. However, resistance will be located around the 18,000 psychological level.

FBM KLCI: 1,646.22 pts (-7.86pts, -0.48%)
The FBM KLCI has pulled back after the window dressing activities last week. Upside will be capped around the 1,660 level.

Crude Palm Oil: RM2,359 (+RM6, +0.25%)
CPO rebounded to close higher on the back of higher demand from China over the past few weeks. However, resistance will be pegged around RM2,400.

WTI Crude Oil: $48.99 (+$0.66, +1.37%)
Crude oil stayed sideways between the US$46-US$50 levels over the past three weeks. Monitor for a breakout above US$50 over the near term. 

Gold: $1,341.35 (+$19.45, +1.47%)
Gold prices extended its upward momentum after rebounded off the US$1,305 level last week. It may retest the US$1,350 level over the near term.

Economic Releases:
Eurozone - Eurostat PPI Eurozone Industry - 4Jul16, 5:00PM

Bursa Malaysia Trade Statistics - 01Jul16
Institutions:  Net SELL 8.1 mln (56.6%)
Retail:  Net SELL 5.4 mln (15.8%)
Foreign:  Net BUY 13.5 mln (27.6%)

Potential Momentum Stocks - 04Jul16 
Stock Name: BONIA (9288)
Entry: Buy above RM0.57
Target: RM0.605 (6.1%), RM0.645 (13.2%)
Stop: RM0.555 (-2.6%)
Technical: Technical rebound

Stock Name: PRESTAR (9873)
Entry: Buy around RM0.575
Target: RM0.625 (8.7%), RM0.65 (13.0%)
Stop: RM0.54 (-6.1%)
Technical: Trendline breakout

Source: Bloomberg, M+ Online

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