Dow Jones: 24,264.30 pts (+230.94pts, +0.96%)
U.S. stockmarkets extended their gains overnight as the Dow (+1.0%) formed a bullish engulfing candle after recouping all intraday losses on fading concern over trade war. The immediate support is located at 23,000.

FBM KLCI: 1,815.94 pts (-34.84pts, -1.88%)
The FBM KLCI (-1.9%) endured its biggest daily sell down since early February 2018, dragged down by concern over global trade war intensified. The immediate support is located at 1,800.

Crude Palm Oil: RM2,454 (+RM18, +0.74%)
Crude palm oil prices rebounded after recovering all its intraday losses on expectation over lower inventory level in March 2018. The immediate support is envisaged around RM2,400.

WTI Crude Oil: $63.37 (-$0.14, -0.22%)
Crude oil prices retreated despite shrinking U.S. inventory level. The immediate resistance is located at US$67.

Gold: $1,333.19 (+$0.45, +0.03%)
Gold prices closed marginally higher after paring most of its intraday gains as the U.S. Dollar advanced. The immediate resistance will be pegged around US$1,360.

Economic Releases:
EU - Eurozone's Markit Composite PMI, 4.00PM
EU - Eurozone's Markit Services PMI, 4.00PM
EU - Eurozone's Retail Sales, 5.00PM
EU - Eurozone's Producer Price Index, 5.00PM

Bursa Malaysia Trade Statistics - 4 Apr 18
Institutions:  Net BUY 97.2 mln (50.5%)
Retail:  Net SELL 7.1 mln (23.2%)
Foreign:  Net SELL 90.1 mln (26.3%)

Potential Momentum Stocks - 5 Apr 18 
Stock Name: QL (7084)
Entry: Buy above RM5.09
Target: RM5.50 (8.1%), RM5.75 (13.0%)
Stop: RM4.95 (-2.8%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: MISC (3816)
Entry: Buy above RM7.12
Target: RM7.60 (6.7%), RM7.90 (11.0%)
Stop: RM6.72 (-5.6%)
Shariah: Yes
Technical: Monitor for trendline breakout

Source: Bloomberg, M+ Online

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