Dow Jones: 25,241.41 pts (+95.02pts, +0.38%)
U.S. stockmarkets closed on a mixed note as the Dow gained 0.4% amid the strong jobs data, but the broader market saw both the S&P 500 and Nasdaq edged 0.1% lower. The immediate resistance is located at 25,500.

FBM KLCI: 1,785.81 pts (+8.68pts, +0.49%)
The FBM KLCI (+0.5%) extended its gains, taking cue from the positive sentiment in Wall Street yesterday. The immediate resistance is located at 1,800.

Crude Palm Oil: RM2,387 (-RM7, -0.29%)
Crude palm oil prices extended its losses for the fourth straight day on higher supply from Indonesia. The immediate support is envisaged around RM2,360.

WTI Crude Oil: $65.95 (+$1.22, +1.89%)
Crude oil prices rebounded as investors look for clues on OPEC and its partners will increase output production in this month's meeting. The immediate support is located at US$62.

Gold: $1,297.18 (+$0.78, +0.06%)
Gold prices staged a mild rebound to trend marginally below the US$1,300 psychological level. The immediate support will be pegged around US$1,260.

Bursa Malaysia Trade Statistics - 7 Jun 18
Institutions: Net BUY 270.6 mln (49.0%)
Retail: Net BUY 8.3 mln (23.9%)
Foreign: Net SELL 278.9 mln (27.1%)

Potential Momentum Stocks - 8 Jun 18
Stock Name: UCHITEC (7100)
Entry: Buy above RM2.88
Target: RM3.05 (5.9%), RM3.18 (10.4%)
Stop: RM2.78 (-3.5%)
Shariah: Yes
Technical: Monitor for trendline breakout

Stock Name: YONGTAI (7066)
Entry: Buy above RM1.44
Target: RM1.59 (10.4%), RM1.68 (16.7%)
Stop: RM1.38 (-4.2%)
Shariah: Yes
Technical: Consolidation breakout

Source: Bloomberg, M+ Online

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