Dow Jones: 23,348.74 pts (-85.45pts, -0.36%)
U.S. stockmarkets retreated from record high levels as the Dow fell 0.4% overnight after corporate tax rates cut is expected to be on a gradual basis, instead of final. The immediate resistance is located at 23,500.

FBM KLCI: 1,748.35 pts (+2.22pts, +0.13%)
The FBM KLCI (+0.1%) started off the week on a firm footing, supported by the foreign fund nibbling in the Malaysian equities. The immediate support is located at 1,730.

Crude Palm Oil: RM2,839 (+RM22, +0.78%)
Crude palm oil prices advanced to close at six-week high, taking cue from the stronger soybean oil prices. The immediate resistance is envisaged around RM2,850.

WTI Crude Oil: $54.15 (+$0.25, +0.46%)
Crude oil prices advanced for the third straight session after both Saudi Arabia and Russia pledged their support towards extending production cut. The immediate resistance is located at US$55.

Gold: $1,276.29 (+$2.94, +0.23%)
Gold prices ended marginally higher as gains were capped by the strong U.S. Dollar. The immediate support will be pegged around US$1,250.

Economic Releases:
JP - Japan's Unemployment Rate, 7.30AM
JP - Japan's Bank of Japan Interest Rate Decision, 10.00AM
EU - Eurozone's Unemployment Rate, 6.00PM

Bursa Malaysia Trade Statistics - 30 Oct 17
Institutions:  Net SELL 96.2 mln (56.9%)
Retail:  Net SELL 37.2 mln (25.9%)
Foreign:  Net BUY 133.4 mln (17.2%)

Potential Momentum Stocks - 31 Oct 17 
Stock Name: CENTURY (7117)
Entry: Buy above RM1.18
Target: RM1.28 (8.5%), RM1.33 (12.7%)
Stop: RM1.12 (-5.1%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: IBHD (4251)
Entry: Buy above RM0.605
Target: RM0.635 (5.0%), RM0.67 (10.7%)
Stop: RM0.585 (-3.3%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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