Dow Jones: 22,118.42 pts (+25.61pts, +0.12%)
Wall Street edged higher overnight as the Dow added 0.1%, on gains in technology shares. The next resistance is located at 22,500.

FBM KLCI: 1,777.91 pts (+3.38pts, +0.19%)
The FBM KLCI (+0.2%) recorded its fifth consecutive winning streak yesterday, lifted by foreign fund buying support in selective index heavyweights. The immediate resistance is located at 1,780.

Crude Palm Oil: RM2,574 (-RM34, -1.30%)
Crude palm oil prices fell to two-week low on anticipation of increase production. The immediate resistance is envisaged around RM2,700.

WTI Crude Oil: $49.39 (-$0.19, -0.38%)
Crude oil prices retreated after production in Libya's Sharara field rebounded. The next resistance is located at US$52.

Gold: $1,257.85 (-$1.03, -0.08%)
Gold prices extended its losses amid the firmer U.S. Dollar. The immediate resistance will be pegged around US$1300.

Bursa Malaysia Trade Statistics - 7 Aug 17
Institutions:  Net SELL 77.0 mln (55.9%)
Retail:  Net BUY 7.5 mln (28.2%)
Foreign:  Net BUY 69.5 mln (15.9%)

Potential Momentum Stocks - 8 Aug 17 
Stock Name: MASTEEL (5098)
Entry: Buy above RM1.08
Target: RM1.18 (9.3%), RM1.24 (14.8%)
Stop: RM1.00 (-7.4%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: BIOHLDG (0179)
Entry: Buy above RM0.25
Target: RM0.275 (10.0%), RM0.285 (14.0%)
Stop: RM0.23 (-8.0%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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