Dow Jones: 24,415.84 pts (-251.94pts, -1.02%)
U.S. stockmarkets reversed most of its previous session gains as the Dow fell 1.0% after U.S. imposed an import tariff on aluminium and steel from Europe, Canada and Mexico. The immediate support is located at 23,500.

FBM KLCI: 1,740.62 pts (+21.34pts, +1.24%)
The FBM KLCI (+1.2%) bounced back from its previous session selloff in tandem with gains across its regional peers. The immediate support is located at 1,710.

Crude Palm Oil: RM2,429 (-RM11, -0.45%)
Crude palm oil prices retreated on concern over export demand coupled with the appreciation of Ringgit against the Greenback. The immediate support is envisaged around RM2,400.

WTI Crude Oil: $67.04 (-$1.17, -1.72%)
Crude oil prices retreated despite OPEC production fell to 13-month low in May 2018. The immediate resistance is located at US$70.

Gold: $1,298.51 (-$2.87, -0.22%)
Gold prices retreated to remain in the consolidation band. The immediate support will be pegged around US$1,260.

Economic Releases:
CN - China's Caixin Manufacturing PMI, 9.45AM
EU - Eurozone's Markit Manufacturing PMI, 4.00PM
US - United States' Unemployment Rate, 8.30PM
US - United States' ISM Manufacturing PMI, 10.00PM

Bursa Malaysia Trade Statistics - 31 May 18
Institutions:  Net BUY 105.2 mln (28.2%)
Retail:  Net BUY 112.7 mln (8.6%)
Foreign:  Net SELL 217.9 mln (63.2%)

Potential Momentum Stocks - 1 Jun 18 
Stock Name: MMSV (0113)
Entry: Buy above RM1.39
Target: RM1.51 (8.6%), RM1.60 (15.1%)
Stop: RM1.34 (-3.6%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: BJTOTO (1562)
Entry: Buy above RM2.42
Target: RM2.60 (7.4%), RM2.65 (9.5%)
Stop: RM2.33 (-3.7%)
Shariah: No
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

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