Dow Jones: 22,092.81 pts (+66.71pts, +0.30%)
U.S. stockmarkets advanced on last Friday as the Dow gained 0.3%, backed by a stronger-than-expected jobs data. The next resistance is located at 22,500.

FBM KLCI: 1,774.53 pts (+2.63pts, +0.15%)
Buying support in selective telco heavyweights sent the FBM KLCI 0.2% higher last Friday. The immediate resistance is located at 1,780.

Crude Palm Oil: RM2,608 (+RM4, +0.15%)
Crude palm oil prices rebounded but recorded its first weekly losses since 23 June 2017. The immediate resistance is envisaged around RM2,700.

WTI Crude Oil: $49.58 (+$0.55, +1.12%)
Crude oil prices edged higher on the decline in weekly U.S. rig count. The next resistance is located at US$52.

Gold: $1,258.88 (-$9.72, -0.77%)
Gold prices retreated amid the positive sentiment in global equities market. The immediate resistance will be pegged around US$1300.

Bursa Malaysia Trade Statistics - 4 Aug 17
Institutions:  Net SELL 0.0 mln (53.2%)
Retail:  Net BUY 3.2 mln (24.6%)
Foreign:  Net SELL 3.2 mln (22.2%)

Potential Momentum Stocks - 7 Aug 17 
Stock Name: LSTEEL (9881)
Entry: Buy above RM0.61
Target: RM0.665 (9.0%), RM0.735 (20.5%)
Stop: RM0.56 (-8.2%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: SEDANIA (0178)
Entry: Buy above RM0.35
Target: RM0.375 (7.1%), RM0.40 (14.3%)
Stop: RM0.33 (-5.7%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

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