Dow Jones: 22,026.10 pts (+9.86pts, +0.04%)
U.S. stockmarkets ended mixed overnight as the Dow (+0.04%) closed at another fresh record level but the S&P 500 fell 0.2% on weakness in energy shares. The next resistance is located at 22,000.

FBM KLCI: 1,771.90 pts (+1.29pts, +0.07%)
The FBM KLCI (+0.1%) advanced for the third straight session, outperforming its regional peers. The immediate resistance is located at 1,780.

Crude Palm Oil: RM2,604 (-RM38, -1.44%)
Crude palm oil prices extended its losses pressured by the stronger Ringgit against the U.S. Dollar. The immediate resistance is envisaged around RM2,700.

WTI Crude Oil: $49.03 (-$0.56, -1.13%)
Crude oil prices ended lower weighed by rising production. The next resistance is located at US$52.

Gold: $1,268.60 (+$1.95, +0.15%)
Gold prices edged higher as U.S. political uncertainty mounts. The immediate resistance will be pegged around US$1300.

Economic Releases:
US - United States' Unemployment Rate, 8.30PM

Bursa Malaysia Trade Statistics - 3 Aug 17
Institutions:  Net SELL 40.6 mln (56.3%)
Retail:  Net BUY 1.0 mln (26.1%)
Foreign:  Net BUY 39.6 mln (17.6%)

Potential Momentum Stocks - 4 Aug 17 
Stock Name: PWF (7134)
Entry: Buy above RM1.06
Target: RM1.17 (10.4%), RM1.20 (13.2%)
Stop: RM1.00 (-5.7%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: JAYCORP (7152)
Entry: Buy above RM1.46
Target: RM1.55 (6.2%), RM1.62 (11.0%)
Stop: RM1.40 (-4.1%)
Shariah: Yes
Technical: Flag-formation breakout

Source: Bloomberg, M+ Online

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