Dow Jones: 18,037.10 pts (-105.32pts, -0.58%)
U.S. stockmarkets declined more than 100 pts as traders were staying cautious ahead of few major events, which include the FOMC meeting and the U.S. presidential election.

FBM KLCI: 1,670.93 pts (-1.53pts, -0.09%)
The FBM KLCI traded on a choppy session near the 1,670 level. Trading range will be located between the 1,660-1,680 levels.

Crude Palm Oil: RM2,732 (-RM31, -1.12%)
Crude palm oil declined further in tandem with the Dalian market and soybean oil movement. Support is located around the RM2,700 level.

WTI Crude Oil: $46.67 (-$0.16, -0.34%)
Crude oil headed for another round of negative closing on the back of expanding U.S. crude stockpiles; crude supplies increased by 9.3 mln barrels last week according to American Petroleum institute

Gold: $1,288.20 (+$11.27, +0.88%)
Gold trended higher as volatility heightened ahead of the conclusion of the FOMC meeting and U.S. presidential election. 

Economic Releases:
Eurozone - Markit Eurozone Manufacturing - 2 Nov 16, 5:00PM
US - ADP National Employment Report - 2 Nov 16, 8:15PM

Bursa Malaysia Trade Statistics - 1 Nov 16
Institutions:  Net BUY 39.5 mln (64.4%)
Retail:  Net SELL 9.9 mln (13.2%)
Foreign:  Net SELL 29.6 mln (22.4%)

Potential Momentum Stocks - 2 Nov 16 
Stock Name: HEXZA (3298)
Entry: Buy above RM0.97
Target: RM1.05 (8.2%), RM1.10 (13.4%)
Stop: RM0.95 (-2.1%)
Shariah: No
Technical: Price breakout above RM0.97

Stock Name: HEVEA (5095)
Entry: Buy above RM1.40
Target: RM1.50 (7.1%), RM1.55 (10.7%)
Stop: RM1.34 (-4.3%)
Shariah: Yes
Technical: Breakout-Pullback-Continuation pattern formed above RM1.34

Source: Bloomberg, M+ Online

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