Dow Jones: 19,884.91 pts (-6.03pts, -0.03%)
U.S. stockmarkets closed mixed as the Dow (-0.03%) retreated on concern over President Donald Trump's trade policy but the S&P 500 added 0.1%.

FBM KLCI: 1,673.48 pts (+1.94pts, +0.12%)
Buying support from selective plantation heavyweights lifted the FBMKLCI (+0.1%) marginally higher yesterday. The immediate resistance level is located around the 1,700 level.

Crude Palm Oil: RM3,072 (+RM43, +1.42%)
Crude palm oil prices rebounded on higher export data coupled with firmer soybean oil prices. The RM3,000 level will serve as the immediate support level.

WTI Crude Oil: $53.54 (-$0.34, -0.63%)
Crude oil prices closed lower as recent gains were capped by U.S shale threat. Crude oil prices might trend towards the US$55-US$60 levels.

Gold: $1,215.96 (+$6.12, +0.51%)
Gold prices rebounded, supported by weaker US Dollar. The US1,250 will serve as the immediate resistance level.

Economic Releases:
CN - China's Caixin Manufacturing PMI - 3 Feb 17, 9.45AM
EU - Eurozone's Markit Composite PMI - 3 Feb 17, 5.00PM
EU - Eurozone's Markit Services PMI - 3 Feb 17, 5.00PM
US - US Unemployment Rate - 3 Feb 17, 9.30PM
US - US Markit Composite PMI - 3 Feb 17, 10.45PM
US - US Markit Services PMI - 3 Feb 17, 10.45PM
US - US ISM Non-manufacturing PMI - 3 Feb 17, 11.00PM

Bursa Malaysia Trade Statistics - 2 Feb 17
Institutions:  Net BUY 25.2 mln (59.8%)
Retail:  Net BUY 33.7 mln (14.2%)
Foreign:  Net SELL 58.9 mln (26.0%)

Potential Momentum Stocks - 3 Feb 17 
Stock Name: CEPAT (8982)
Entry: Buy above RM0.93
Target: RM1.00 (7.5%), RM1.05 (12.9%)
Stop: RM0.895 (-3.8%)
Shariah: Yes
Technical: Symmetrical-triangle breakout

Stock Name: PRTASCO (5070)
Entry: Buy above RM1.21
Target: RM1.29 (6.6%), RM1.34 (10.7%)
Stop: RM1.18 (-2.5%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

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