Dow Jones: 24,813.69 pts (+178.48pts, +0.72%)
U.S. stockmarkets recorded their third day winning streak as the Dow climbed 0.7% overnight, boosted by confidence of the economic strength in the world largest economy. The immediate resistance is located at 25,000.

FBM KLCI: 1,755.17 pts (-1.21pts, -0.07%)
The FBM KLCI (-0.1%) started off the week on a feeble note as the key index underperformed the positive sentiment across its regional peers. The immediate support is located at 1,730.

Crude Palm Oil: RM2,409 (-RM30, -1.23%)
Crude palm oil prices trended lower on expectation over weak demand coupled with potential rising wages. The immediate support is envisaged around RM2,400.

WTI Crude Oil: $64.75 (-$1.06, -1.62%)
Crude oil prices continue to edge lower as OPEC anticipates to ramp up production coupled with rising U.S. supply. The immediate support is located at US$62.

Gold: $1,292.02 (-$1.38, -0.11%)
Gold prices trended lower amid prospects of interest rate hike are on the table. The immediate support will be pegged around US$1,260.

Economic Releases:
CN - China's Caixin Composite PMI, 9.45AM
US - China's Caixin Services PMI, 9.45AM
UK - United Kingdom's Markit Composite PMI, 4.00PM
UK - United Kingdom's Markit Services PMI, 4.00PM
EU - Eurozone's Retail Sales, 5.00PM
US - United States' Markit Composite PMI, 9.45PM
US - United States' Markit Services PMI, 9.45PM
US - United States' ISM Non-Manufacturing PMI, 10.00PM

Bursa Malaysia Trade Statistics - 4 Jun 18
Institutions:  Net BUY 58.7 mln (47.8%)
Retail:  Net BUY 45.5 mln (21.0%)
Foreign:  Net SELL 104.2 mln (31.2%)

Potential Momentum Stocks - 5 Jun 18 
Stock Name: CAB (7174)
Entry: Buy above RM0.95
Target: RM1.02 (7.4%), RM1.10 (15.8%)
Stop: RM0.905 (-4.7%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: CCM (2879)
Entry: Buy above RM2.13
Target: RM2.35 (10.3%), RM2.40 (12.7%)
Stop: RM1.99 (-6.6%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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