Dow Jones: 21,136.23 pts (-47.81pts, -0.23%)
U.S. stockmarkets declined for the second session weighed down by uncertainty over former FBI Director James Comey testimony on Donald Trump presidential campaign. The next resistance is located at 21,500.

FBM KLCI: 1,791.01 pts (+3.06pts, +0.17%)
The FBM KLCI finished higher for the third straight session yesterday as the key index was traded in the positive territory for most of the trading session. The immediate resistance is anticipated at 1,800.

Crude Palm Oil: RM2,499 (RM0, 0.00%)
Crude palm oil prices closed unchanged as gains were capped by the potential rising reserves to 5-months high. Support is envisaged around RM2,450.

WTI Crude Oil: $48.19 (+$0.79, +1.66%)
Crude oil prices endured a volatile trading session but managed to recover its intraday losses after U.S. weekly inventory level decreased. Oil prices might trend in-between US$47 to US$50.

Gold: $1,294.39 (+$14.59, +1.14%)
Gold prices advanced for the third straight session on rising demand. Next resistance will be pegged 

Bursa Malaysia Trade Statistics - 6 Jun 17
Institutions:  Net SELL 116.8 mln (64.0%)
Retail:  Net BUY 36.3 mln (17.9%)
Foreign:  Net BUY 80.5 mln (18.1%)

Potential Momentum Stocks - 7 Jun 17 
Stock Name: LUXCHEM (5143)
Entry: Buy above RM1.73
Target: RM1.87 (8.1%), RM1.94 (12.1%)
Stop: RM1.65 (-4.6%)
Shariah: No
Technical: Breakout-pullback-continuation

Stock Name: SEB (5163)
Entry: Buy above RM0.66
Target: RM0.75 (13.6%), RM0.835 (26.5%)
Stop: RM0.605 (-8.3%)
Shariah: No
Technical: Bullish engulfing candle

Source: Bloomberg, M+ Online

Disclaimer

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.