Dow Jones: 18,589.69 pts (+256.95pts, +1.40%)
U.S. equities trended on a positive tone after Donald Trump, the 45th President of the United States delivered his acceptance speech. The Dow's upside will be set around 18,700.

FBM KLCI: 1,647.62 pts (-16.20pts, -0.97%)
Tracking the positive sentiments on the overseas markets, bargain hunting activities may emerge on the FBM KLCI. Resistance will be pegged around the 1,660 level.

Crude Palm Oil: RM2,845 (+RM2, +0.07%)
Crude palm oil rose marginally higher amid weaker sentiments in the broader markets. CPO may trend higher towards the RM2,900 level as the technicals are still positive.

WTI Crude Oil: $45.27 (+$0.29, +0.65%)
Crude oil rebounded of the support of US$43 as traders anticipate that Donald Trump may pursue business-friendly policies. Upside potential may be seen around US$48.

Gold: $1,277.98 (+$2.30, +0.18%)
Gold prices reversed from an intra-day high of US$1,337.38 and ended below the US$1,300 psychological level as traders turned bullish on equities amid Trump's victory.

Economic Releases:
US - US Initial Jobless Claims - 10 Nov 16, 9:30PM

Bursa Malaysia Trade Statistics - 9 Nov 16
Institutions:  Net BUY 129.0 mln (66.8%)
Retail:  Net BUY 20.3 mln (19.5%)
Foreign:  Net SELL 149.3 mln (13.7%)

Potential Momentum Stocks - 10 Nov 16 
Stock Name: DNONCE (7114)
Entry: Buy above RM0.30
Target: RM0.33 (10.0%), RM0.355 (18.3%)
Stop: RM0.280 (-6.7%)
Shariah: No
Technical: Flag formation breakout

Stock Name: OPENSYS (0040)
Entry: Buy above RM0.385
Target: RM0.41 (6.5%), RM0.45 (16.9%)
Stop: RM0.37 (-3.9%)
Shariah: Yes
Technical: Rebounded off RM0.365

Source: Bloomberg, M+ Online

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