Dow Jones: 20,913.46 pts (-27.05pts, -0.13%)
The Dow ended lower - led by profit-taking in major banks, following comments of 'breaking up big banks' by President Donald Trump. Support is located around the 20,857 zone.

FBM KLCI: 1,768.06 pts (+0.14pts, +0.01%)
The FBM KLCI endured a choppy session to end the April month’s trading, but managed to tip up slightly at the close to allow the key index to end in the positive zone for a fifth straight month. Resistance will be pegged around 1780.

Crude Palm Oil: RM2,508 (+RM2, +0.08%)
Crude palm oil prices capped earlier losses, on the back of a potential drop in global palm oil supply, amid rising domestic consumption and slower supply growth in Indonesia. Prices are expected to trend between RM2450 to RM2600.

WTI Crude Oil: $48.84 (-$0.49, -0.99%)
Crude oil prices fell, spurred by rising crude oil inventories and drilling in U.S., which offset the production cuts by the OPEC. Resistance will be envisaged at US$47.

Gold: $1,256.58 (-$11.70, -0.92%)
Gold prices continued to see selling pressure, as investors cheered the victory of French Presidential candidate Emmanuel Macron in the first round of voting. Prices are expected to be range bound between US$1260 to US$1294.

Economic Releases:
EU - Euro Area Markit Eurozone Manufacturing PMI - 2 May 17, 4.00PM
EU - Euro Area Unemployment Eurozone - 2 May 17, 5.00PM

Bursa Malaysia Trade Statistics - 1 May 17
Institutions:  Net SELL 369.6 mln (56.7%)
Retail:  Net SELL 36.2 mln (18.1%)
Foreign:  Net BUY 405.8 mln (25.2%)

Potential Momentum Stocks - 2 May 17 
Stock Name: PRESTAR (9873)
Entry: Buy above RM0.990
Target: RM1.050 (6.1%), RM1.090 (10.1%)
Stop: RM0.940 (-5.1%)
Shariah: Yes
Technical: Breakout Momentum Trade

Stock Name: IKHMAS (5268)
Entry: Buy above RM0.680
Target: RM0.720 (5.9%), RM0.750 (10.3%)
Stop: RM0.640 (-5.9%)
Shariah: Yes
Technical: Breakout Momentum Trade

Source: Bloomberg, M+ Online

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