Dow Jones: 20,648.15 pts (-41.09pts, -0.20%)
U.S. stockmarkets drifted lower as the Dow fell 0.2% on late selling activities after the U.S. Federal Reserve unveiled its plans to trim its balance sheet. The 21,000 will serve as the immediate resistance level.

FBM KLCI: 1,744.67 pts (-2.52pts, -0.14%)
The FBM KLCI (-0.1%) retreated yesterday on weakness in selective index heavyweights, bucking the positive developments across key regional indices. The immediate support level is located around the 1,730 level.

Crude Palm Oil: RM2,714 (+RM83, +3.15%)
Crude palm oil prices registered its biggest daily gain since November 2016 to close above the RM2,700 level on higher demand ahead of the Ramadan festival. The RM2,600 level will serve as the immediate support level.

WTI Crude Oil: $51.15 (+$0.12, +0.23%)
Crude oil prices edged marginally higher but came off its intraday highs. Crude oil prices might trend between the US$50-US$55 levels.

Gold: $1,255.76 (-$0.52, -0.04%)
Gold prices halted a streak of three straight session gains on minor profit taking activities. The US$1,200 will serve as the immediate support level.

Bursa Malaysia Trade Statistics - 5 Apr 17
Institutions:  Net SELL 56.6 mln (59.9%)
Retail:  Net SELL 52.4 mln (22.2%)
Foreign:  Net BUY 109.0 mln (17.9%)

Potential Momentum Stocks - 6 Apr 17 
Stock Name: HIBISCS (5199)
Entry: Buy above RM0.455
Target: RM0.495 (8.8%), RM0.51 (12.1%)
Stop: RM0.43 (-5.5%)
Shariah: No
Technical: Breakout-pullback-continuation

Stock Name: JOHOTIN (7167)
Entry: Buy above RM1.380
Target: RM1.48 (7.2%), RM1.60 (15.9%)
Stop: RM1.30 (-5.8%)
Shariah: Yes
Technical: Flag-formation breakout

Source: Bloomberg, M+ Online

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