Dow Jones: 25,306.83 pts (-144.23pts, -0.57%)
U.S. stockmarkets started off the week on a soft footing as the Dow fell 0.6%, dragged down by the continuous selloff in technology shares. The immediate resistance is located at 25,800.

FBM KLCI: 1,770.26 pts (+1.12pts, +0.06%)
The FBM KLCI (+0.1%) recorded its sixth straight session of gains, lifted by the eleventh hour buying support in selected index heavyweights yesterday. The immediate resistance is located at 1,780.

Crude Palm Oil: RM2,192 (+RM6, +0.27%)
Crude palm oil prices staged a mild recovery, taking cue from the higher soybean oil prices. The immediate support is located around RM2,100.

WTI Crude Oil: $70.13 (+$1.44, +2.09%)
Crude oil prices recovered all its previous session losses on signs of tightening global supply. The immediate resistance is located at US$75.

Gold: $1,221.45 (-$2.77, -0.23%)
Gold prices retreated on expectation that the U.S. Federal Reserve could raise interest rate in their next monetary policy meeting. The immediate support will be pegged around US$1,220.

Economic Releases:
JP - Japan's Unemployment Rate, 7.30AM
JP - Japan's Bank of Japan Interest Rate Decision, 11.00AM
EU - Eurozone's Unemployment Rate, 5.00PM

Bursa Malaysia Trade Statistics - 30 Jul 18
Institutions:  Net BUY 38.1 mln (54.5%)
Retail:  Net BUY 1.1 mln (22.8%)
Foreign:  Net SELL 39.2 mln (22.7%)

Potential Momentum Stocks - 31 Jul 18 
Stock Name: AAX (5238)
Entry: Buy above RM0.365
Target: RM0.385 (5.5%), RM0.40 (9.6%)
Stop: RM0.355 (-2.7%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: PUNCAK (6807)
Entry: Buy above RM0.56
Target: RM0.59 (5.4%), RM0.62 (10.7%)
Stop: RM0.545 (-2.7%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

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