Dow Jones: 24,912.77 pts (+567.02pts, +2.33%)
U.S. stockmarkets rebounded from its previous two-day massive selloff as the Dow gained 2.3% after enduring a volatile session. The immediate Support is located at 24,000.

FBM KLCI: 1,812.45 pts (-40.62pts, -2.19%)
The FBM KLCI (-2.2%) took a beating yesterday alongside with the negative global market sentiment. The immediate support is located at 1,800.

Crude Palm Oil: RM2,470 (-RM19, -0.76%)
Crude palm oil prices retreated, tracking the weakness in soybean oil prices. The immediate support is envisaged around RM2,400.

WTI Crude Oil: $63.39 (-$0.76, -1.19%)
Crude oil prices declined for the third straight session as commodity prices retreated. The immediate resistance is located at US$70.

Gold: $1,324.16 (-$15.51, -1.16%)
Gold prices retreated as demand for safe haven assets fades. The immediate support will be pegged around US$1,300.

Bursa Malaysia Trade Statistics - 6 Feb 18
Institutions:  Net BUY 846.3 mln (57.8%)
Retail:  Net BUY 22.4 mln (21.2%)
Foreign:  Net SELL 868.7 mln (21.0%)

Potential Momentum Stocks - 7 Feb 18 
Stock Name: WELLCAL (7231)
Entry: Buy above RM1.58
Target: RM1.69 (7.0%), RM1.75 (10.8%)
Stop: RM1.47 (-7.0%)
Shariah: Yes
Technical: Consolidation breakout

Stock Name: BAHVEST (0098)
Entry: Buy above RM0.81
Target: RM0.86 (6.2%), RM0.90 (11.1%)
Stop: RM0.75 (-7.4%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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