Dow Jones: 21,987.56 pts (+39.46pts, +0.18%)
U.S. stockmarkets was closed overnight for the Labor Day public holiday after advancing on last Friday as the weaker-than-expected jobs data dampens the prospect of interest rate normalisation. The immediate support is located at 21,200.

FBM KLCI: 1.773.16 pts (+12.02pts, +0.68%)
The FBM KLCI (+0.7%) formed a bullish engulfing candle on last minute buying support in selective index heavyweights ahead of the extended weekend break. The immediate resistance is located at 1,780.

Crude Palm Oil: RM2,706 (-RM7, -0.26%)
Crude palm oil prices ended marginally lower on the firmer Ringgit against the Greenback. The immediate resistance is envisaged around RM2,750.

WTI Crude Oil: $47.29 (+$0.06, +0.13%)
Crude oil prices extended minor gains as several oil refineries restart their production. The immediate support is located at US$42

Gold: $1,333.87 (+$3.80, +0.29%)
Gold prices powered to 11-months high as geopolitical tension in North Korea escalates. The next resistance will be pegged around US$1350.

Economic Releases:
JP - Japan's Nikkei Services PMI, 8.30AM
CN - China's Caixin Composite PMI, 9.45AM
CN - China's Caixin Services PMI, 9.45AM
EU - Eurozone's Markit Composite PMI, 4.00PM
EU - Eurozone's Markit Services PMI, 4.00PM
EU - Eurozone's Retail Sales, 5.00PM

Bursa Malaysia Trade Statistics – 30Aug17
Institutions:  Net BUY 38.5 mln (55.2%)
Retail:  Net SELL 15.4 mln (16.7%)
Foreign:  Net SELL 23.1 mln (28.1%)

Potential Momentum Stocks - 5Sep17 
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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