Dow Jones: 19,121.60 pts (+23.70pts, +0.12%)
U.S. stockmarkets rebounded overnight as the Dow rose 0.1% on stronger-than-expected economic data.

FBM KLCI: 1,626.93 pts (-1.73pts, -0.11%)
Despite opening higher at the start of the trading bell, quick profit taking amongst selective telco heavyweights sent the FBM KLCI 0.1% lower. The immediate resistance level is located around the 1,630 level.

Crude Palm Oil: RM3,050 (-RM27, -0.88%)
Crude palm oil prices halted a sixth straight sessions of gains, taking cue from the weakness in soybean oil prices. The RM3,100 level will serve as the next resistance level.

WTI Crude Oil: $45.23 (-$1.82, -3.87%)
Crude oil prices slipped owing to the uncertainty of OPEC meeting later today. Crude oil prices might trend between the US43-US$50 levels.

Gold: $1,188.31 (-$4.37, -0.37%)
Gold prices declined on increasing expectations of US interest rate hike. The US$1,200 level will serve as the next resistance level.

Economic Releases:
MY - Malaysia's October Producer Price Index - 30 Nov 16, 12.00PM
EU - Eurozone's November Flash Inflation Rate - 30 Nov 16, 6.00PM
US - US' ADP Employment Change - 30 Nov 16, 9.15PM

Bursa Malaysia Trade Statistics - 29 Nov 16
Institutions:  Net BUY 168.7 mln (57.9%)
Retail:  Net SELL 20.6 mln (13.8%)
Foreign:  Net SELL 148.1 mln (28.3%)

Potential Momentum Stocks - 30 Nov 16 
Stock Name: OWG (5260)
Entry: Buy above RM2.37
Target: RM2.54 (7.2%), RM2.75 (16.0%)
Stop: RM2.22 (-6.3%)
Shariah: No
Technical: Monitor for breakout

Stock Name: REXIT (0106)
Entry: Buy above RM0.62
Target: RM0.685 (10.5%), RM0.755 (21.8%)
Stop: RM0.595 (-4.0%)
Shariah: Yes
Technical: Breakout-pullback-continuation formation

Source: Bloomberg, M+ Online

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