[08:44, 2/10/2017] Mplus SS 2: Dow Jones: 20,172.40 pts (+118.06pts, +0.59%)
U.S. stockmarkets rallied to close at record high levels overnight as the Dow added 0.6% after the long awaited tax cut will be unveiled within coming weeks.

FBM KLCI: 1,688.50 pts (-0.34pts, -0.02%)
The FBMKLCI (-0.02%) continues to trend lower after the key index was traded mostly in the negative zone. The immediate resistance level is located around the 1,700 level.

Crude Palm Oil: RM3,098 (+RM16, +0.52%)
Crude palm oil prices recorded its third consecutive winning streak, supported by weakness in the Ringgit. The RM3,000 level will serve as the immediate support level.

WTI Crude Oil: $52.34 (+$0.17, +0.33%)
Crude oil prices rose for the second straight day on gradual inventories drawdown from OPEC production cut. Crude oil prices might trend between the US$50-US$55 levels.

Gold: $1,228.36 (-$13.17, -1.06%)
Gold prices reversed all its previous session gains on renewed strength in the US Dollar. The US1,250 will serve as the immediate resistance level.

Economic Releases:
MY - Malaysia's Industrial Production - 10 Feb 17, 12.00PM

Bursa Malaysia Trade Statistics - 9 Feb 17
Institutions:  Net SELL 23.1 mln (63.5%)
Retail:  Net SELL 9.9 mln (18.0%)
Foreign:  Net BUY 33.0 mln (18.5%)

Potential Momentum Stocks - 10 Feb 17 
Stock Name: MAHSING (8583)
Entry: Buy above RM1.50
Target: RM1.58 (5.3%), RM1.70 (13.3%)
Stop: RM1.45 (-3.3%)
Shariah: Yes
Technical: Consolidation breakout

Stock Name: UEMS (5148)
Entry: Buy above RM1.14
Target: RM1.25 (9.6%), RM1.370 (20.2%)
Stop: RM1.08 (-5.3%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online                        
[08:47, 2/10/2017] Mplus SS 2: M+ Online Morning Buzz - 10 Feb 17

Dow Jones: 20,172.40 pts (+118.06pts, +0.59%)
U.S. stockmarkets rallied to close at record high levels overnight as the Dow added 0.6% after the long awaited tax cut will be unveiled within coming weeks.

FBM KLCI: 1,688.50 pts (-0.34pts, -0.02%)
The FBMKLCI (-0.02%) continues to trend lower after the key index was traded mostly in the negative zone. The immediate resistance level is located around the 1,700 level.

Crude Palm Oil: RM3,098 (+RM16, +0.52%)
Crude palm oil prices recorded its third consecutive winning streak, supported by weakness in the Ringgit. The RM3,000 level will serve as the immediate support level.

WTI Crude Oil: $52.34 (+$0.17, +0.33%)
Crude oil prices rose for the second straight day on gradual inventories drawdown from OPEC production cut. Crude oil prices might trend between the US$50-US$55 levels.

Gold: $1,228.36 (-$13.17, -1.06%)
Gold prices reversed all its previous session gains on renewed strength in the US Dollar. The US1,250 will serve as the immediate resistance level.

Economic Releases:
MY - Malaysia's Industrial Production - 10 Feb 17, 12.00PM

Bursa Malaysia Trade Statistics - 9 Feb 17
Institutions:  Net SELL 23.1 mln (63.5%)
Retail:  Net SELL 9.9 mln (18.0%)
Foreign:  Net BUY 33.0 mln (18.5%)

Potential Momentum Stocks - 10 Feb 17 
Stock Name: MAHSING (8583)
Entry: Buy above RM1.50
Target: RM1.58 (5.3%), RM1.70 (13.3%)
Stop: RM1.45 (-3.3%)
Shariah: Yes
Technical: Consolidation breakout

Stock Name: UEMS (5148)
Entry: Buy above RM1.14
Target: RM1.25 (9.6%), RM1.370 (20.2%)
Stop: RM1.08 (-5.3%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online                        
[08:47, 2/10/2017] Mplus SS 2: M+ Online Morning Buzz - 10 Feb 17

Dow Jones: 20,172.40 pts (+118.06pts, +0.59%)
U.S. stockmarkets rallied to close at record high levels overnight as the Dow added 0.6% after the long awaited tax cut will be unveiled within coming weeks.

FBM KLCI: 1,688.50 pts (-0.34pts, -0.02%)
The FBMKLCI (-0.02%) continues to trend lower after the key index was traded mostly in the negative zone. The immediate resistance level is located around the 1,700 level.

Crude Palm Oil: RM3,098 (+RM16, +0.52%)
Crude palm oil prices recorded its third consecutive winning streak, supported by weakness in the Ringgit. The RM3,000 level will serve as the immediate support level.

WTI Crude Oil: $52.34 (+$0.17, +0.33%)
Crude oil prices rose for the second straight day on gradual inventories drawdown from OPEC production cut. Crude oil prices might trend between the US$50-US$55 levels.

Gold: $1,228.36 (-$13.17, -1.06%)
Gold prices reversed all its previous session gains on renewed strength in the US Dollar. The US1,250 will serve as the immediate resistance level.

Economic Releases:
MY - Malaysia's Industrial Production - 10 Feb 17, 12.00PM

Bursa Malaysia Trade Statistics - 9 Feb 17
Institutions:  Net SELL 23.1 mln (63.5%)
Retail:  Net SELL 9.9 mln (18.0%)
Foreign:  Net BUY 33.0 mln (18.5%)

Potential Momentum Stocks - 10 Feb 17 
Stock Name: MAHSING (8583)
Entry: Buy above RM1.50
Target: RM1.58 (5.3%), RM1.70 (13.3%)
Stop: RM1.45 (-3.3%)
Shariah: Yes
Technical: Consolidation breakout

Stock Name: UEMS (5148)
Entry: Buy above RM1.14
Target: RM1.25 (9.6%), RM1.370 (20.2%)
Stop: RM1.08 (-5.3%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

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