Dow Jones: 25,462.58 pts (+136.42pts, +0.54%)
U.S. stockmarkets closed higher overnight as the Dow gained 0.5%, boosted by strong corporate earnings that offset the weaker-than-expected jobs data. The immediate resistance is located at 25,800.

FBM KLCI: 1,780.09 pts (+1.96pts, +0.11%)
The FBM KLCI (+0.1%) recovered all its intraday losses on last Friday as the key index recorded its fourth consecutive weekly winning streak. The immediate resistance is located at 1,800.

Crude Palm Oil: RM2,196 (+RM5, +0.23%)
Crude palm oil prices staged a mild recovery after the Ringgit weakened against the Greenback. The immediate resistance is located around RM2,250.

WTI Crude Oil: $68.49 (-$0.47, -0.68%)
Crude oil prices retreated after OPEC's production increased amid Saudi Arabia's move to ramp up production to near record high level. The immediate support is located at US$65.

Gold: $1,214.90 (+$7.07, +0.59%)
Gold prices recovered most of its previous session losses after the U.S. Dollar retreated against a basket of currencies. The immediate support will be pegged around US$1,200.

Bursa Malaysia Trade Statistics - 3 Aug 18
Institutions:  Net SELL 39.5 mln (52.2%)
Retail:  Net BUY 22.5 mln (24.4%)
Foreign:  Net BUY 17.0 mln (23.4%)

Potential Momentum Stocks - 6 Aug 18 
Stock Name: ASTRO (6399)
Entry: Buy above RM1.86
Target: RM2.09 (12.4%), RM2.25 (21.0%)
Stop: RM1.73 (-7.0%)
Shariah: No
Technical: Monitor for breakout

Stock Name: T7GLOBAL (7728)
Entry: Buy above RM0.435
Target: RM0.50 (14.9%), RM0.565 (29.9%)
Stop: RM0.385 (-11.5%)
Shariah: Yes
Technical: Symmetrical triangle formation breakout

Source: Bloomberg, M+ Online

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