Dow Jones: 20,071.46 pts (+186.55pts, +0.94%)
U.S. stockmarkets rallied on last Friday as the Dow reclaim the 20,000 psychological level on stronger-than-expected jobs data coupled with deregulation in banking industry.

FBM KLCI: 1,685.01 pts (+11.53pts, +0.69%)
The FBMKLCI (+0.7%) extended its gains on buying support amongst selective index heavyweights. The immediate resistance level is located around the 1,700 level.

Crude Palm Oil: RM3,055 (-RM17, -0.55%)
Tracking the weakness in soybean oil prices, crude palm oil prices retreated. The RM3,000 level will serve as the immediate support level.

WTI Crude Oil: $53.83 (+$0.29, +0.54%)
Crude oil prices rebounded but gains were capped by US shale production. Crude oil prices might trend towards the US$55-US$60 levels.

Gold: $1,220.30 (+$4.34, +0.36%)
Gold prices extended its gains on uncertainty over President Donald Trump economic policy. The US1,250 will serve as the immediate resistance level.

Economic Releases:
CN - China's Caixin Services PMI - 6 Feb 17, 9.45AM
CN - China's Caixin Composite PMI - 6 Feb 17, 9.45AM

Bursa Malaysia Trade Statistics - 3 Feb 17
Institutions:  Net BUY 48.3 mln (65.4%)
Retail:  Net SELL 4.0 mln (16.2%)
Foreign:  Net SELL 44.3 mln (18.4%)

Potential Momentum Stocks - 6 Feb 17 
Stock Name: REXIT (0106)
Entry: Buy above RM0.61
Target: RM0.655 (7.4%), RM0.685 (12.3%)
Stop: RM0.585 (-4.1%)
Shariah: Yes
Technical: Short-term resistance breakout

Stock Name: OKA (7140)
Entry: Buy above RM1.26
Target: RM1.34 (6.3%), RM1.38 (9.5%)
Stop: RM1.23 (-2.4%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

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