Dow Jones: 21,784.78 pts (-22.86pts, -0.10%)
U.S. stockmarkets retreated as the Dow fell 0.1% on negative business updates from Walt Disney and Comcast. The immediate support is located at 21,200.

FBM KLCI: 1,782.98 pts (+10.50pts, +0.59%)
Late buying in selective index-linked heavyweights sent the FBM KLCI (+0.6%) to close above the 1,780 resistance level. The next resistance is located at 1,800.

Crude Palm Oil: RM2,782 (+RM38, +1.38%)
Crude palm oil prices rallied to 26-week high on expectation over European Union's potential cancellation or deferment of the anti-dumping duties. The immediate resistance is envisaged around RM2,800.

WTI Crude Oil: $49.09 (-$0.07, -0.14%)
Crude oil prices ended marginally lower but are on track to record its first weekly gain since July 2017. The immediate support is located at US$42

Gold: $1,349.22 (+$15.00, +1.12%)
Gold prices advanced to one-year high on increasing jobless claims in U.S. coupled with the weaker Greenback against a basket of currencies. The immediate resistance will be pegged around US$1350.

Economic Releases:
JP - Japan's 2Q2017 GDP Growth Rate, 7.50AM

Bursa Malaysia Trade Statistics - 7Sep17
Institutions:  Net SELL 120.5 mln (58.5%)
Retail:  Net SELL 32.6 mln (18.1%)
Foreign:  Net BUY 153.1 mln (23.4%)

Potential Momentum Stocks - 8Sep17 
Stock Name: LEONFB (5232)
Entry: Buy above RM0.795
Target: RM0.86 (8.2%), RM0.90 (13.2%)
Stop: RM0.76 (-4.4%)
Shariah: No
Technical: Breakout-pullback-continuation

Stock Name: GCB (5102)
Entry: Buy above RM1.54
Target: RM1.67 (8.4%), RM1.80 (16.9%)
Stop: RM1.45 (-5.8%)
Shariah: No
Technical: Consolidation breakout

Source: Bloomberg, M+ Online

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