Dow Jones: 21,206.29 pts (+62.11pts, +0.29%)
U.S. stockmarkets rose to another record high level as investors shrugged off the weaker-than-expected jobs data. The next resistance is located at 21,500.

FBM KLCI: 1,776.95 pts (+13.84pts, +0.78%)
The FBM KLCI rose in tandem with the positive market sentiment across global stockmarkets. The key-index is likely to remain rangebound between 1760 to 1780. 

Crude Palm Oil: RM2,497 (-RM16, -0.64%)
Crude palm oil prices retreated to close lower for the third straight weeks, taking cue from the weakness in soybean oil prices. Support is envisaged around RM2,450.

WTI Crude Oil: $47.66 (-$0.70, -1.45%)
Crude oil prices fell after U.S. oil rigs rose for the 20th consecutive week. Oil prices might trend in-between US$47 to US$50.

Gold: $1,279.17 (+$13.21, +1.04%)
Gold prices advanced on weaker U.S. Dollar against a basket of currencies. Next resistance will be pegged around US$1300.

Economic Releases:
JP - Nikkei's Services PMI - 5 Jun 17, 8.30AM
EU - Eurozone Composite PMI - 5 Jun 17, 4.00PM
US - United States Non-Manufacturing PMI - 5 Jun 17, 10.00PM

Bursa Malaysia Trade Statistics - 2 Jun 17
Institutions:  Net SELL 169.5 mln (57.4%)
Retail:  Net SELL 42.6 mln (18.5%)
Foreign:  Net BUY 212.1 mln (24.1%)

Potential Momentum Stocks - 5 Jun 17 
Stock Name: TRC (5054)
Entry: Buy above RM0.655
Target: RM0.74 (13.0%), RM0.81 (23.7%)
Stop: RM0.615 (-6.1%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: HIL (8443)
Entry: Buy above RM1.14
Target: RM1.30 (14.0%), RM1.40 (22.8%)
Stop: RM1.04 (-8.8%)
Shariah: Yes
Technical: Consolidation breakout

Source: Bloomberg, M+ Online

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