Dow Jones: 21,182.53 pts (+8.84pts, +0.04%)
U.S. stockmarkets edged marginally higher as investors dismissed the impact of former FBI Director James Comey testimony on Donald Trump presidential campaign and focused on the jobs data instead. The next resistance is located at 21,500.

FBM KLCI: 1,785.57 pts (-0.35pts, -0.02%)
The FBM KLCI extended its losses yesterday, dragged down by the weakness in banking heavyweights. The immediate resistance is anticipated at 1,800.

Crude Palm Oil: RM2,455 (-RM11, -0.45%)
Crude palm oil prices drifted lower on potential slower demand after the Ramadan festive period. Support is envisaged around RM2,450.

WTI Crude Oil: $45.71 (-$0.01, -0.02%)
Crude oil prices closed relatively flat as the rising output in Libya could curb OPEC's move towards market rebalancing. The next support is pegged at US$43.

Gold: $1,278.01 (+$0.72, +0.06%)
Gold prices extended its gains after exit poll in U.K. indicates a hung parliament. Next resistance will be pegged around US$1300.

Economic Releases:
CN - China's Inflation Rate - 9 Jun 17, 9.30AM
CN - China's Producer Price Index - 9 Jun 17, 9.30AM
MY - Malaysia's Industrial Production - 9 Jun 17, 12.00PM

Bursa Malaysia Trade Statistics - 8 Jun 17
Institutions:  Net SELL 13.3 mln (58.1%)
Retail:  Net BUY 0.1 mln (18.8%)
Foreign:  Net BUY 13.2 mln (23.1%)

Potential Momentum Stocks - 9 Jun 17 
Stock Name: KGB (0151)
Entry: Buy above RM0.645
Target: RM0.70 (8.5%), RM0.75 (16.3%)
Stop: RM0.60 (-7.0%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: MIKROMB (0112)
Entry: Buy above RM0.70
Target: RM0.73 (4.3%), RM0.80 (14.3%)
Stop: RM0.68 (-2.9%)
Shariah: Yes
Technical: Trendline breakout

Source: Bloomberg, M+ Online

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