Dow Jones: 23,644.19 pts (+389.17pts, +1.65%)
Wall Street rebounded overnight as the Dow (+1.7%) as concern over trade war between U.S. and China abated. The immediate support is located at 23,000.

FBM KLCI: 1,858.35 pts (-7.57pts, -0.41%)
The FBM KLCI (-0.3%) extended its gains to close at intraday low in line with weakness across global stockmarkets. The immediate resistance is located at 1,880.

Crude Palm Oil: RM2,458 (-RM22, -0.90%)
Crude palm oil prices retreated on concern over potential weak demand. The immediate support is envisaged around RM2,400.

WTI Crude Oil: $63.01 (-$1.65, -2.54%)
Crude oil prices rebounded after OPEC production fell to its lowest level in one-year. The immediate resistance is located at US$67.

Gold: $1,341.29 (+$11.80, +0.89%)
Gold prices extended its gains after the Greenback depreciated against a basket of currencies. The immediate resistance will be pegged around US$1,360.

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 Unemployment Rate, 5.00PM
US - United States' ISM Non-Manufacturing PMI, 10.00PM

Bursa Malaysia Trade Statistics - 3 Apr 18
Institutions:  Net SELL 116.8 mln (57.6%)
Retail:  Net BUY 29.0 mln (21.0%)
Foreign:  Net BUY 87.8 mln (21.4%)

Potential Momentum Stocks - 4 Apr 18 
Stock Name: IJM (3336)
Entry: Buy above RM2.71
Target: RM2.92 (7.7%), RM3.19 (17.7%)
Stop: RM2.54 (-6.3%)
Shariah: Yes
Technical: Monitor for trendline breakout

Stock Name: MUHIBAH (5703)
Entry: Buy above RM2.95
Target: RM3.19 (8.1%), RM3.35 (13.6%)
Stop: RM2.78 (-5.8%)
Shariah: Yes
Technical: Hammer candle

Source: Bloomberg, M+ Online

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