Dow Jones: 26,186.71 pts (+37.32pts, +0.14%)
U.S. stockmarkets ended mixed overnight as the Dow gained 0.1% whilst the broader market saw the S&P 500 and Nasdaq declined 0.1% and 0.4% respectively. The immediate resistance is located at 27,000.

FBM KLCI: 1,868.58 pts (-1.94pts, -0.10%)
The FBM KLCI (-0.1%) halted a three-day winning streak as foreign funds begun to offload Malaysian equities. The immediate resistance is located at 1,870.

Crude Palm Oil: RM2,492 (-RM27, -1.07%)
Crude palm oil prices edged lower on muted demand. The immediate support is envisaged around RM2,400.

WTI Crude Oil: $65.80 (+$1.14, +1.78%)
Crude oil prices advanced as OPEC's commitment to its supply cuts remains in place. The immediate resistance is located at US$70.

Gold: $1,348.79 (+$4.22, +0.34%)
Gold prices trended higher after the U.S. Dollar weakened against a basket of currencies. The immediate resistance will be pegged around US$1,350.

Economic Releases:
MY - Malaysia's Nikkei Manufacturing PMI, 8.30AM
EU - Eurozone's Producer Price Index, 6.00PM
US - United States' Unemployment Rate, 9.30PM

Bursa Malaysia Trade Statistics - 1 Feb 18
Institutions:  Net BUY 69.6 mln (50.6%)
Retail:  Net BUY 1.0 mln (24.4%)
Foreign:  Net SELL 70.6 mln (25.0%)

Potential Momentum Stocks - 2 Feb 18 
Stock Name: PANTECH (5125)
Entry: Buy above RM0.655
Target: RM0.705 (7.6%), RM0.74 (13.0%)
Stop: RM0.625 (-4.6%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: EWINT (5283)
Entry: Buy above RM1.09
Target: RM1.14 (4.6%), RM1.20 (10.1%)
Stop: RM1.06 (-2.8%)
Shariah: No
Technical: Bullish engulfing candle

Source: Bloomberg, M+ Online

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