Dow Jones: 24,884.12 pts (+9.36pts, +0.04%)
Despite the weak factory data that fell 1.4% M.o.M in January 2018, U.S. stockmarkets extended their gains overnight as the Dow climbed 0.04%. The immediate support is located at 24,000.

FBM KLCI: 1,848.37 pts (+5.75pts, +0.31%)
Following the positive developments in Wall Street overnight, the FBM KLCI (+0.3%) staged a mild recovery yesterday. The immediate support is located at 1,830.

Crude Palm Oil: RM2,478 (+RM15, +0.61%)
Crude palm oil prices recovered all its intraday losses on expectation over strong demand. The immediate resistance is envisaged around RM2,500.

WTI Crude Oil: $62.60 (+$0.03, +0.05%)
Crude oil prices edged marginally higher ahead of the U.S. weekly stockpiles data. The immediate resistance is located at US$63.

Gold: $1,334.56 (+$14.45, +1.10%)
Gold prices advanced after the Greenback slid against a basket of currencies. The immediate support will be pegged around US$1,300.

Economic Releases:
MY - Malaysia's Bank Negara Interest Rate Decision, 3.00PM

Bursa Malaysia Trade Statistics - 6 Mar 18
Institutions:  Net SELL 41.8 mln (55.1%)
Retail:  Net BUY 26.6 mln (20.8%)
Foreign:  Net BUY 15.2 mln (24.1%)

Potential Momentum Stocks - 7 Mar 18 
Stock Name: KERJAYA (7161)
Entry: Buy above RM1.58
Target: RM1.73 (9.5%), RM1.81 (14.6%)
Stop: RM1.49 (-5.7%)
Shariah: Yes
Technical: Bullish engulfing candle

Stock Name: DELEUM (5132)
Entry: Buy above RM1.13
Target: RM1.19 (5.3%), RM1.25 (10.6%)
Stop: RM1.07 (-5.3%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

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