Dow Jones: 25,502.18 pts (+39.60pts, +0.16%)
U.S. stockmarkets extended their gains overnight as the Dow added 0.2%, underpinned by the stronger-than-expected corporate earnings. The immediate resistance is located at 25,800.

FBM KLCI: 1,779.75 pts (-0.34pts, -0.02%)
The FBM KLCI (-0.02%) ended marginally lower after being traded in a lacklustre manner yesterday amid the absence of fresh market catalyst. The immediate resistance is located at 1,800.

Crude Palm Oil: RM2,206 (+RM10, +0.46%)
Crude palm oil prices extended its gains on optimism over Malaysia’s B10 Biodiesel implementation. The immediate resistance is located around RM2,250.

WTI Crude Oil: $69.01 (+$0.52, +0.76%)
Crude oil prices rebounded after OPEC announced that Saudi Arabia's production output declined. The immediate support is located at US$65.

Gold: $1,207.64 (-$7.26, -0.60%)
Gold prices retreated after investment demand shifted to riskier assets. The immediate support will be pegged around US$1,200.

Bursa Malaysia Trade Statistics - 6 Aug 18
Institutions:  Net BUY 1.6 mln (52.5%)
Retail:  Net SELL 5.5 mln (25.3%)
Foreign:  Net BUY 3.9 mln (22.2%)

Potential Momentum Stocks - 7 Aug 18 
Stock Name: BPLANT (5254)
Entry: Buy above RM1.28
Target: RM1.34 (4.7%), RM1.39 (8.6%)
Stop: RM1.23 (-3.9%)
Shariah: Yes
Technical: Consolidation breakout

Stock Name: THRIVEN (7889)
Entry: Buy above RM0.445
Target: RM0.50 (12.4%), RM0.52 (16.9%)
Stop: RM0.405 (-9.0%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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