Dow Jones: 18,332.74 pts (+73.14pts, +0.40%)
Wall Street extended their gains ahead of the U.S. presidential election outcome which saw the latest polls indicates that the Democratic party is in favour of winning 

FBM KLCI: 1,663.82 pts (+13.23pts, +0.80%)
The FBM KLCI could extend its gains towards the 1,670 level, tracking the positive developments in Wall Street overnight coupled with the stabilising crude oil prices

Crude Palm Oil: RM2,843 (+RM54, +1.94%)
Crude palm oil rose above the RM2,800 level amid weaker Ringgit. The next resistance will be set around the RM2,900 level.

WTI Crude Oil: $44.98 (+$0.09, +0.20%)
Crude oil continues to trade sideways after finding some support along the US$43 level. Upside target may be located around US$46 level.

Gold: $1,275.68 (-$5.96, -0.46%)
Gold prices extended its losses on the bullish sentiment in global stockmarkets. Gold's support will be anchored around US$1,250.

Bursa Malaysia Trade Statistics - 8 Nov 16
Institutions:  Net SELL 89.7 mln (61.0%)
Retail:  Net SELL 36.6 mln (12.8%)
Foreign:  Net BUY 126.3 mln (26.2%)

Potential Momentum Stocks - 9 Nov 16 
Stock Name: MTDACPI (5924)
Entry: Buy above RM0.340
Target: RM0.370 (8.8%), RM0.395 (16.2%)
Stop: RM0.320 (-5.9%)
Shariah: Yes
Technical: Flag formation breakout

Stock Name: JAYCORP (7152)
Entry: Buy above RM1.430
Target: RM1.510 (5.6%), RM1.560 (9.1%)
Stop: RM1.390 (-2.8%)
Shariah: Yes
Technical: Short-term breakout

Source: Bloomberg, M+ Online

Disclaimer

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.