Dow Jones: 25,322.31 pts (+5.78pts, +0.02%)
U.S. stockmarkets inched marginally higher as the Dow gained 0.02% yesterday ahead of U.S. President Donald Trump and North Korea leader, Kim Jong Un historic summit meeting. The immediate resistance is located at 25,500.

FBM KLCI: 1,775.80 pts (-2.52pts, -0.14%)
The FBM KLCI (-0.1%) extended its losses yesterday, dragged down by the eleventh hour selling pressure in selected banking heavyweights. The immediate resistance is located at 1,800.

Crude Palm Oil: RM2,360 (-RM6, -0.25%)
Crude palm oil prices retreated for the sixth consecutive session to close at one-month low after authorities kept export tax at 5.0% in July 2018. The immediate support is envisaged around RM2,300.

WTI Crude Oil: $66.10 (+$0.36, +0.55%)
Crude oil prices rebounded amid the uncertainty surrounding OPEC and Russia decision in upcoming meeting. The immediate support is located at US$62.

Gold: $1,300.49 (+$2.32, +0.18%)
Gold prices extended edged higher for the third straight session to close above the US$1,300 psychological level. The immediate support will be pegged around US$1,260.

Economic Releases:
JP - Japan's Producer Price Index, 7.50AM
UK - United Kingdom's Industrial Production, 4.30PM
UK - United Kingdom's Manufacturing Production, 4.30PM
UK - United Kingdom's Unemployment Rate, 4.30PM
US - United States' Inflation Rate, 8.30PM

Bursa Malaysia Trade Statistics - 11 Jun 18
Institutions:  Net BUY 201.3 mln (48.0%)
Retail:  Net BUY 12.8 mln (20.1%)
Foreign:  Net SELL 214.1 mln (31.9%)

Potential Momentum Stocks - 12 Jun 18 
Stock Name: COMFORT (2127)
Entry: Buy above RM0.88
Target: RM0.915 (4.0%), RM0.975 (10.8%)
Stop: RM0.855 (-2.8%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: FRONTKN (0128)
Entry: Buy above RM0.445
Target: RM0.475 (6.7%), RM0.495 (11.2%)
Stop: RM0.425 (-4.5%)
Shariah: Yes
Technical: Monitor for trendline breakout

Source: Bloomberg, M+ Online

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