Dow Jones: 23,539.19 pts (+22.93pts, +0.10%)
U.S. stockmarkets ascend to record high closing as the Dow gained 0.1% after Apple Inc (+2.6%) reported a stronger-than-expected set of quarterly earnings and guided that upcoming quarter will also be positive. The immediate resistance is located at 23,750.

FBM KLCI: 1,740.93 pts (-0.12pts, -0.01%)
The FBM KLCI (-0.01%) ended marginally lower after giving up its intraday gains on last minute selling pressure in selective index heavyweights. The immediate support is located at 1,730.

Crude Palm Oil: RM2,806 (-RM15, -0.53%)
Crude palm oil prices extended its losses on speculation that India may raise import duty. The immediate resistance is envisaged around RM2,850.

WTI Crude Oil: $55.64 (+$1.10, +2.03%)
Crude oil prices ended sharply higher, supported by the positive developments in OPEC. The immediate resistance is located at US$60.

Gold: $1,269.91 (-$6.22, -0.49%)
Gold prices formed a bearish engulfing candle to erase all its previous two session gains, dragged down by the stronger U.S. Dollar against a basket of currencies. The immediate support will be pegged around US$1,250.

Economic Releases:
EU - Eurozone's Markit Composite PMI, 5.00PM
EU - Eurozone's Markit Services PMI, 5.00PM
EU - Eurozone's Producer Price Index, 6.00PM

Bursa Malaysia Trade Statistics - 3 Nov 17
Institutions:  Net BUY 62.5 mln (55.4%)
Retail:  Net SELL 11.0 mln (25.4%)
Foreign:  Net SELL 51.5 mln (19.2%)

Potential Momentum Stocks - 6 Nov 17 
Stock Name: LIONIND (4235)
Entry: Buy above RM1.38
Target: RM1.48 (7.2%), RM1.56 (13.0%)
Stop: RM1.31 (-5.1%)
Shariah: Yes
Technical: Symmetrical triangle formation breakout

Stock Name: MESB (7234)
Entry: Buy above RM1.18
Target: RM1.37 (16.1%), RM1.48 (25.4%)
Stop: RM1.08 (-8.5%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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