Dow Jones: 18,146.74 pts (+250.86pts, +1.40%)
Wall Street trended positively on Friday amid better-than-expected jobs data, which the U.S. employers have added 287,000 jobs in June. The Dow surged above the 18,000 psychological level and may retest the 18,300 level over the near term.

FBM KLCI: 1,644.54 pts (-6.17pts, -0.37%)
The FBM KLCI traded near the EMA60 level, forming a bearish engulfing bar with the softer crude oil prices. Resistance will be set around 1,660.

Crude Palm Oil: RM2,241 (-RM114, -4.84%)
CPO dived more than 100 points, tracking the weakness in soybean oil and crude oil. Next support will be seen near the RM2,200 level.

WTI Crude Oil: $45.41 (+$0.27, +0.59%)
Crude oil continues to stay below the US$46 level as U.S. producers increased the number of active rigs to the highest level in 12 weeks. Further support will be pegged around US$43.

Gold: $1,366.33 (+$5.88, +0.43%)
Gold maintained its position above the US$1,300 level amid global uncertainties. Next target will be envisaged around US$1,400 level.

Bursa Malaysia Trade Statistics - 08Jul16
Institutions:  Net BUY 44.6 mln (44.4%)
Retail:  Net BUY 22.4 mln (13.2%)
Foreign:  Net SELL 67.0 mln (42.4%)

Potential Momentum Stocks - 11Jul16 
Stock Name: TMCLIFE (0101)
Entry: Buy above RM0.835
Target: RM0.900 (7.8%), RM0.950 (13.8%)
Stop: RM0.810 (-3.0%)
Technical: Sideways breakout

Stock Name: LBALUM (9326)
Entry: Buy above RM0.590
Target: RM0.655 (11.0%), RM0.685 (16.1%)
Stop: RM0.575 (-2.5%)
Technical: Pennant breakout

Source: Bloomberg, M+ Online

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