Dow Jones: 25,075.13 pts (+152.45pts, +0.61%)
U.S. stockmarkets advanced to fresh record high levels as the Dow (+0.6%) topped the 25,000 psychological level amid the strong jobs data. The immediate resistance is located at 25,000.

FBM KLCI: 1,803.45 pts (+10.66pts, +0.59%)
The FBM KLCI (+0.6%) extended its gains to close above the 1,800 psychological level in line with the positive sentiment across stockmarkets. The immediate resistance is located at 1,800.

Crude Palm Oil: RM2,585 (-RM21, -0.81%)
Crude palm oil prices retreated, taking cue from the weakness in soybean oil prices. The immediate resistance is envisaged around RM2,650.

WTI Crude Oil: $62.01 (+$0.38, +0.62%)
Crude oil prices extended its gains as tension in Iran escalates. The immediate resistance is located at US$63.

Gold: $1,323.01 (+$9.80, +0.75%)
Gold prices formed a bullish engulfing candle, recouping all its previous session losses. The immediate resistance will be pegged around US$1,350.

Economic Releases:
JP - Japan's Nikkei Services PMI, 8.30AM
CN - China's Caixin Services PMI, 9.45AM
CN - China's Caixin Composite PMI, 9.45AM
EU - Eurozone's Retail PMI, 5.10PM
EU - Eurozone's Producer Price Index, 6.00PM
US - United States' Unemployment Rate, 9.30PM
US - United States' ISM Non-Manufacturing PMI, 11.00PM

Bursa Malaysia Trade Statistics - 4 Jan 18
Institutions:  Net SELL 291.6 mln (49.0%)
Retail:  Net SELL 24.5 mln (27.5%)
Foreign:  Net BUY 316.1 mln (23.5%)

Potential Momentum Stocks - 5 Jan 18 
Stock Name: WCT (9679)
Entry: Buy above RM1.69
Target: RM1.82 (7.7%), RM1.95 (15.4%)
Stop: RM1.59 (-5.9%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: BAUTO (5248)
Entry: Buy above RM2.20
Target: RM2.30 (4.5%), RM2.35 (6.8%)
Stop: RM2.11 (-4.1%)
Shariah: Yes
Technical: Ascending triangle breakout

Source: Bloomberg, M+ Online

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