Dow Jones: 24,505.22 pts (+240.92pts, +0.99%)
U.S. stockmarkets advanced for the third straight session as the Dow jumped 1.0% amid the fading concern over trade war. The immediate support is located at 23,000.

FBM KLCI: 1,836.13 pts (+20.19pts, +1.11%)
Bargain hunting in selected index heavyweights lifted the FBM KLCI (+1.1%) yesterday as the key index formed a bullish harami candle. The immediate resistance is located at 1,850.

Crude Palm Oil: RM2,472 (+RM18, +0.73%)
Crude palm oil prices extended its gains amid expectation over lower inventory level in March 2018. The immediate support is envisaged around RM2,400.

WTI Crude Oil: $63.54 (+$0.17, +0.27%)
Crude oil prices rebounded after Saudi Arabia targets to increase average selling prices in May 2018. The immediate resistance is located at US$67.

Gold: $1,326.57 (-$6.62, -0.50%)
Gold prices retreated as demand for safe haven assets sapped. The immediate resistance will be pegged around US$1,360.

Economic Releases:
US - United States' Unemployment Rate, 8.30PM

Bursa Malaysia Trade Statistics - 5 Apr 18
Institutions:  Net SELL 140.7 mln (59.4%)
Retail:  Net SELL 18.2 mln (22.1%)
Foreign:  Net BUY 158.9 mln (18.5%)

Potential Momentum Stocks - 6 Apr 18 
Stock Name: AEON (6599)
Entry: Buy above RM1.85
Target: RM1.95 (5.4%), RM2.08 (12.4%)
Stop: RM1.75 (-5.4%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: BAUTO (5248)
Entry: Buy above RM2.16
Target: RM2.29 (6.0%), RM2.47 (14.4%)
Stop: RM2.06 (-4.6%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

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