Dow Jones: 24,174.82 pts (-132.36pts, -0.54%)
U.S. stockmarkets were closed for the Independence Day public holiday. The immediate support is located at 24,000.

FBM KLCI: 1,688.45 pts (+8.08pts, +0.48%)
The FBM KLCI (+0.5%) outperformed its regional peers, lifted by gains in selected telco heavyweights after former Prime Minister Datuk Seri Najib Razak was charged with multi-billion Ringgit corruption scandal yesterday. The immediate support is located at 1,660.

Crude Palm Oil: RM2,298 (-RM15, -0.65%)
Crude palm oil prices extended its losses to close below the RM2,300 psychological level after the Ringgit appreciated against the Greenback. The immediate resistance is support around RM2,250.

WTI Crude Oil: $74.14 (+$0.20, +0.27%)
Crude oil prices extended its gains, supported by the larger-than-expected drawdown in U.S. inventory level. The immediate resistance is located at US$75.

Gold: $1,254.99 (+$2.26, +0.18%)
Gold prices edged marginally higher after the U.S. Dollar retreated against a basket of currencies. The immediate support will be pegged around US$1,220.

Economic Releases:
EU - Eurozone's Retail PMI, 4.10PM
US - United States' ADP Employment Change, 8.15PM
US - United States' Markit Composite PMI, 9.45PM
US - United States' ISM Non-Manufacturing PMI, 10.00PM

Bursa Malaysia Trade Statistics - 4 Jul 18
Institutions:  Net BUY 38.2 mln (50.3%)
Retail:  Net BUY 6.9 mln (27.1%)
Foreign:  Net SELL 45.1 mln (22.6%)

Potential Momentum Stocks - 5 Jul 18 
Stock Name: DRBHCOM (1619)
Entry: Buy above RM1.99
Target: RM2.12 (6.5%), RM2.27 (14.1%)
Stop: RM1.88 (-5.5%)
Shariah: Yes
Technical: Monitor for trendline breakout

Stock Name: OPCOM (0035)
Entry: Buy above RM0.875
Target: RM0.955 (9.1%), RM0.99 (13.1%)
Stop: RM0.82 (-6.3%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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