Dow Jones: 24,174.82 pts (-132.36pts, -0.54%)
U.S. stockmarkets halted a three-day winning streak as the Dow fell 0.5% amid the lingering concern over trade spat with China. The immediate support is located at 24,000.

FBM KLCI: 1,680.37 pts (-4.68pts, -0.28%)
Lingering concern over the trade spat between U.S. and China coupled with the selling pressure from foreign funds kept the FBM KLCI (-0.3%) in the red yesterday. The immediate support is located at 1,660.

Crude Palm Oil: RM2,313 (-RM16, -0.69%)
Crude palm oil prices retreated in tandem with the weakness in soybean oil prices. The immediate resistance is support around RM2,250.

WTI Crude Oil: $74.14 (+$0.20, +0.27%)
Crude oil prices edged marginally higher, lifted by the decline in U.S. inventory level. The immediate resistance is located at US$75.

Gold: $1,252.73 (+$10.69, +0.86%)
Gold prices rebounded on increasing demand of safe haven assets coupled with the weaker Greenback against a basket of currencies. The immediate support will be pegged around US$1,220.

Economic Releases:
JP - Japan's Nikkei Services PMI, 8.30AM
CN - China's Caixin Services PMI, 9.45AM
EU - Eurozone's Markit Composite PMI, 4.00PM

Bursa Malaysia Trade Statistics - 3 Jul 18
Institutions:  Net BUY 68.3 mln (47.9%)
Retail:  Net BUY 32.1 mln (23.3%)
Foreign:  Net SELL 100.4 mln (28.8%)

Potential Momentum Stocks - 4 Jul 18 
Stock Name: BAHVEST (0098)
Entry: Buy above RM1.21
Target: RM1.29 (6.6%), RM1.39 (14.9%)
Stop: RM1.14 (-5.8%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: MEDIA (4502)
Entry: Buy above RM0.50
Target: RM0.565 (13.0%), RM0.61 (22.0%)
Stop: RM0.475 (-5.0%)
Shariah: Yes
Technical: Trendline breakout

Source: Bloomberg, M+ Online

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