Dow Jones: 25,583.75 pts (-45.16pts, -0.18%)
U.S. stockmarkets retreated as the Dow fell 0.2% on fresh concern over trade war, whilst the S&P 500 edged 0.03% lower after giving up all its intraday gains. The immediate resistance is located at 25,800.

FBM KLCI: 1,804.73 pts (+13.64pts, +0.76%)
The FBM KLCI ascend above the 1,800 psychological level yesterday, lifted by stong buying interest in selected index heavyweights by foreign funds. The immediate resistance is located at 1,830.

Crude Palm Oil: RM2,257 (+RM22, +0.98%)
Crude palm oil prices recorded its fourth straight session of gains, on expectation over zero rate export tax in September. The immediate resistance is located around RM2,300.

WTI Crude Oil: $66.94 (-$2.23, -3.22%)
Crude oil prices recorded its steepest daily decline in three weeks, on weaker-than-expected drawdown in crude stockpiles. The immediate support is located at US$63.

Gold: $1,210.97 (+$2.91, +0.24%)
Gold prices extended minor gains after the U.S. Dollar continues to depreciate against a basket of currencies. The immediate support will be pegged around US$1,200.

Bursa Malaysia Trade Statistics - 8 Aug 18
Institutions:  Net SELL 177.0 mln (51.4%)
Retail:  Net SELL 52.6 mln (25.4%)
Foreign:  Net BUY 229.6 mln (23.2%)

Potential Momentum Stocks - 9 Aug 18 
Stock Name: OCNCASH (0049)
Entry: Buy above RM0.645
Target: RM0.685 (6.2%), RM0.70 (8.5%)
Stop: RM0.625 (-3.1%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: UEMS (5148)
Entry: Buy above RM0.95
Target: RM1.02 (7.4%), RM1.09 (14.7%)
Stop: RM0.895 (-5.9%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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