Dow Jones: 21,865.37 pts (+56.97pts, +0.26%)
U.S. stockmarkets recovered all its intraday losses as the Dow (+0.3%) rebounded after investors shook off the geopolitical tension between U.S. and North Korea as President Donald Trump is open to all option to address the aforementioned situation. The immediate support is located at 21,200.

FBM KLCI: 1,761.14 pts (-8.35pts, -0.47%)
The FBM KLCI (-0.5%) experienced a selloff yesterday to close at one-month low after North Korea fired a ballistic missile pass Japan. The immediate resistance is located at 1,780.

Crude Palm Oil: RM2,713 (-RM25, -0.91%)
Crude palm oil prices extended its losses for the third straight day on concern over rising inventory level. The immediate resistance is envisaged around RM2,750.

WTI Crude Oil: $46.44 (-$0.15, -0.32%)
Crude oil prices extended its losses as the Hurricane Harvey continues to dent market demand. The immediate support is located at US$42

Gold: $1,309.23 (-$0.90, -0.07%)
Gold prices closed marginally lower after giving up all its intraday gains. The immediate resistance will be pegged around US$1350.

Economic Releases:
JP - Japan's Retail Sales, 7.50AM
MY - Malaysia's Producer Price Index, 12.00PM
EU - Eurozone's Business Confidence, 5.00PM

Bursa Malaysia Trade Statistics - 29 Aug 17
Institutions:  Net SELL 65.6 mln (61.7%)
Retail:  Net BUY 13.4 mln (20.5%)
Foreign:  Net BUY 52.2 mln (17.8%)

Potential Momentum Stocks - 30 Aug 17 
Stock Name: CRESBLD (8591)
Entry: Buy above RM1.14
Target: RM1.22 (7.0%), RM1.29 (13.2%)
Stop: RM1.08 (-5.3%)
Shariah: Yes
Technical: Flag-formation breakout

Stock Name: SIGN (7246)
Entry: Buy above RM0.93
Target: RM1.00 (7.5%), RM1.07 (15.1%)
Stop: RM0.855 (-8.1%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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