Dow Jones: 25,520.96 pts (-665.75pts, -2.54%)
Wall Street took a beating with the Dow (-2.5%) suffered its worst day in two years after the bond rout rattles the equities market. The immediate Support is located at 25,000.

FBM KLCI: 1,870.48 pts (+1.90pts, +0.10%)
The FBM KLCI (+0.1%) staged a mild recovery, bucking the mostly negative performance across Asia stockmarkets last Friday. The immediate resistance is located at 1,880.

Crude Palm Oil: RM2,467 (-RM25, -1.00%)
Crude palm oil prices extended its losses, pressured by the weak export data in January 2018 coupled with the stronger Ringgit against the U.S. Dollar. The immediate support is envisaged around RM2,400.

WTI Crude Oil: $65.45 (-$0.35, -0.53%)
Crude oil prices retreated as the number of U.S. oil rigs increased. The immediate resistance is located at US$70.

Gold: $1,333.39 (-$15.40, -1.14%)
Gold prices erased all its previous two session gains after the U.S. Dollar strengthened against a basket of currencies. The immediate support will be pegged around US$1,300.

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 Markit Composite PMI, 5.00PM
EU - Eurozone's Markit Services PMI, 5.00PM
EU - Eurozone's Retail Sales, 6.00PM
US - United States' Markit Composite PMI, 10.45PM
US - United States' Markit Services PMI, 10.45PM
US - United States' ISM Non-Manufacturing PMI, 11.00PM

Bursa Malaysia Trade Statistics - 2 Feb 18
Institutions:  Net SELL 233.5 mln (45.5%)
Retail:  Net BUY 5.0 mln (17.5%)
Foreign:  Net BUY 228.5 mln (37.0%)

Potential Momentum Stocks - 5 Feb 18 
Stock Name: MBSB (1171)
Entry: Buy above RM1.26
Target: RM1.35 (7.1%), RM1.38 (9.5%)
Stop: RM1.19 (-5.6%)
Shariah: No
Technical: Monitor for breakout

Stock Name: DESTINI (7212)
Entry: Buy above RM0.635
Target: RM0.67 (5.5%), RM0.725 (14.2%)
Stop: RM0.60 (-5.5%)
Shariah: Yes
Technical: Symmetrical triangle formation breakout

Source: Bloomberg, M+ Online

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