Dow Jones: 24,290.05 pts (+58.46pts, +0.24%)
U.S. stockmarkets edged higher as the Dow added 0.2% after the Senate Republicans narrowly pass the country's tax reformation bill. The immediate resistance is located at 24,500.

FBM KLCI: 1,713.13 pts (-4.73pts, -0.28%)
The FBM KLCI (-0.3%) extended its losses as the key index started off the month on a weak tone. The immediate resistance is located at 1,730.

Crude Palm Oil: RM2,588 (-RM15, -0.58%)
Crude palm oil prices formed a bearish engulfing candle after the Ringgit appreciated against the Greenback. The immediate support is envisaged around RM2,500.

WTI Crude Oil: $57.47 (-$0.89, -1.52%)
Crude oil prices retreated as U.S. oil rig counts advanced. The immediate resistance is located at US$60.

Gold: $1,276.18 (-$4.44, -0.35%)
Gold prices ended lower as investors' risk appetite shifted to riskier asset classes. The immediate support will be pegged around US$1,250.

Economic Releases:
JP - Japan's Nikkei Services PMI, 8.30AM
EU - Eurozone's Markit Composite PMI, 5.00PM
EU - Eurozone's Markit Services PMI, 5.00PM
EU - Eurozone's Retail Sales, 6.00PM
US - United States' ISM Non-Manufacturing PMI, 10.00PM

Bursa Malaysia Trade Statistics - 4 Dec 17
Institutions:  Net SELL 94.8 mln (54.6%)
Retail:  Net BUY 5.3 mln (15.2%)
Foreign:  Net BUY 89.5 mln (30.2%)

Potential Momentum Stocks - 5 Dec 17 
Stock Name: LEESK (8079)
Entry: Buy above RM0.325
Target: RM0.34 (4.6%), RM0.36 (10.8%)
Stop: RM0.31 (-4.6%)
Shariah: Yes
Technical: Symmetrical triangle formation breakout

Stock Name: GCB (5102)
Entry: Buy above RM1.96
Target: RM2.10 (7.1%), RM2.20 (12.2%)
Stop: RM1.89 (-3.6%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

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