Dow Jones: 21,080.28 pts (-2.67pts, -0.01%)
U.S. stockmarkets closed on Monday in observance of Memorial Day.

FBM KLCI: 1,764.89 pts (-7.41pts, -0.42%)
Malaysian equities were painted red, amid muted trading as investors retreated ahead of the long weekend holidays in the United States, while the Chinese stockmarkets closed in-conjunction with a two-day Dragon Boat Festival celebration. The key-index is likely to stay rangebound in-between 1759 to 1783. 

Crude Palm Oil: RM2,516 (-RM39, -1.53%)
Crude palm oil extended its downward bias for the second-straight day, weighed down by the weakness in soyoil prices, coupled with concerns of a slowdown in demand. Support is envisaged around RM2,450.

WTI Crude Oil: $49.80 (+$0.90, +1.84%)
Crude oil closed in green, after rebounding from earlier losses as rising U.S. crude oil production put a brake on OPEC's effort to trim rising stockpiles. Resistance will be pegged around US$50.

Gold: $1,268.10 (+$1.34, +0.11%)
Bullion finished with minute gains on Tuesday, amid persistent political uncertainties as investors look forward to the U.S. employment data due this week to gauge the probability of higher interest rates by the Federal Reserve in June. Next resistance will be located around US$1,270.

Economic Releases:
EU - Euro Area Business Confidence - 30 May 17, 5.00PM
JP - Japan Unemployment Rate - 30 May 17, 7.30AM

Bursa Malaysia Trade Statistics - 29 May 17
Institutions:  Net BUY 103.5 mln (60.0%)
Retail:  Net SELL 30.5 mln (21.9%)
Foreign:  Net SELL 73.0 mln (18.1%)

Potential Momentum Stocks - 30 May 17 
Stock Name: TSH (9059)
Entry: Buy above RM1.82
Target: RM1.87 (2.7%), RM1.93 (6.0%)
Stop: RM1.78 (-2.2%)
Shariah: Yes
Technical: Breakout momentum trade

Stock Name: LAYHONG (9385)
Entry: Buy above RM0.95
Target: RM1.00 (5.3%), RM1.05 (10.5%)
Stop: RM0.915 (-3.7%)
Shariah: Yes
Technical: Breakout momentum trade

Source: Bloomberg, M+ Online

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