Dow Jones: 21,006.94 pts (+55.47pts, +0.26%)
U.S. equities rallied last Friday, on recovery of energy stocks and robust employment data. Next resistance is envisaged around the 21,000 levels.

FBM KLCI: 1,762.74 pts (+4.07pts, +0.23%)
The FBM KLCI took a breather from a two-day decline in a rangebound trading, ahead of key employment data from the U.S. later tonight. The key-index might trend between 1750 to 1780.

Crude Palm Oil: RM2,578 (+RM42, +1.66%)
Crude palm oil prices extended its profits for the second-straight day, amid speculations that rising Indonesian demand may weigh on global supply.  Prices are expected to linger between RM2,450 to RM2,600.

WTI Crude Oil: $46.22 (+$0.70, +1.55%)
Crude oil prices rebounded after hitting a major support at US$45, following indications from OPEC that it would extend the current deal to cut crude oil productions. Resistance is located around the US$47.

Gold: $1,228.01 (-$0.15, -0.01%)
Gold prices inched higher after a choppy trade, as demand for bullion continues to see selling-pressure amid the recovery in global economies. Support is located around the US$1,218.

Economic Releases:
CN - China Balance of Trade - 8 May 17, 10.00AM
JP - Japan Consumer Confidence - 8 May 17, 1.00PM

Bursa Malaysia Trade Statistics - 5 May 17
Institutions:  Net SELL 138.6 mln (62.2%)
Retail:  Net SELL 23.3 mln (22.1%)
Foreign:  Net BUY 161.9 mln (15.7%)

Potential Momentum Stocks - 8 May 17 
Stock Name: COMPLET (5136)
Entry: Buy above RM1.03
Target: RM1.14 (10.7%), RM1.240 (20.4%)
Stop: RM0.97 (-5.8%)
Shariah: Yes
Technical: Breakout momentum trade

Stock Name: SIGGAS (5181)
Entry: Buy above RM0.61
Target: RM0.660 (8.2%), RM0.77 (26.2%)
Stop: RM0.585 (-4.1%)
Shariah: Yes
Technical: Breakout momentum trade

Source: Bloomberg, M+ Online

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