Dow Jones: 25,326.16 pts (-7.66pts, -0.03%)
U.S. stockmarkets closed mixed overnight as the Dow fell 0.03%, despite recovering most of its intraday losses, whilst the S&P 500 rose 0.5%, boosted by Apple Inc. The immediate resistance is located at 25,800.

FBM KLCI: 1,778.13 pts (-10.18pts, -0.57%)
The FBM KLCI (-0.6%) halted an eight-day winning streak yesterday, in line with the negative sentiment across regional peers. The immediate resistance is located at 1,800.

Crude Palm Oil: RM2,191 (-RM21, -0.95%)
Crude palm oil prices retreated amid concern over the sluggish export demand. The immediate resistance is located around RM2,250.

WTI Crude Oil: $68.96 (+$1.30, +1.92%)
Crude oil prices recovered all its previous session losses on report of U.S. crude oil storage drawdown at Cushing, Okla. The immediate support is located at US$65.

Gold: $1,207.83 (-$8.13, -0.67%)
Gold prices extended its losses on the appreciation of Greenback against a basket of currencies. The immediate support will be pegged around US$1,200.

Economic Releases:
JP - Japan's Nikkei Services PMI, 8.30AM
CN - China's Caixin Services PMI, 9.45AM
CN - China's Caixin Composite PMI, 9.45AM
EU - Eurozone's Markit Services PMI, 4.00PM
EU - Eurozone's Markit Composite PMI, 4.00PM
EU - Eurozone's Retail Sales, 5.00PM
US - United States' Unemployment Rate, 8.30PM
US - United States' Markit Composite PMI, 9.45PM
US - United States' ISM Non-Manufacturing PMI, 10.00PM

Bursa Malaysia Trade Statistics - 2 Aug 18
Institutions:  Net BUY 121.4 mln (49.7%)
Retail:  Net BUY 2.3 mln (22.0%)
Foreign:  Net SELL 123.7 mln (28.3%)

Potential Momentum Stocks - 3 Aug 18 
Stock Name: ESCERAM (0100)
Entry: Buy above RM0.24
Target: RM0.27 (12.5%), RM0.31 (29.2%)
Stop: RM0.21 (-12.5%)
Shariah: No
Technical: Monitor for breakout

Stock Name: LKL (0182)
Entry: Buy above RM0.15
Target: RM0.175 (16.7%), RM0.185 (23.3%)
Stop: RM0.135 (-10.0%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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