Dow Jones: 25,964.82 pts (-22.10pts, -0.09%)
U.S. stockmarkets closed on a mixed note last Friday as the Dow fell 0.1% ahead of the Labor Day public holiday, but the S&P 500 added 0.01%, lifted by the technology sector. The immediate resistance is located at 26,600.

FBM KLCI: 1,819.66 pts (-0.98pts, -0.05%)
The FBM KLCI (-0.1%) trimmed its weekly gains ahead of the extended weekend break on last Thursday. The immediate resistance is located at 1,830.

Crude Palm Oil: RM2,248 (+RM31, +1.40%)
Crude palm oil prices rebounded on expectation over improved demand from India. The immediate support is located around RM2,200.

WTI Crude Oil: $69.80 (-$0.45, -0.64%)
Crude oil prices retreated as trade tension outweighs sanctions in Iran. The immediate resistance is located at US$70.

Gold: $1,203.62 (+$3.64, +0.30%)
Gold prices advanced, but recorded its fifth straight monthly losses. The immediate resistance will be pegged around US$1,250.

Bursa Malaysia Trade Statistics - 31 Aug 18
Institutions:  Net SELL 103.9 mln (48.7%)
Retail:  Net BUY 55.6 mln (22.2%)
Foreign:  Net BUY 48.3 mln (29.1%)

Potential Momentum Stocks - 3Sep18 
Stock Name: KIPREIT (5280)
Entry: Buy above RM0.87
Target: RM0.92 (5.7%), RM0.95 (9.2%)
Stop: RM0.825 (-5.2%)
Shariah: No
Technical: Monitor for breakout

Stock Name: MUHIBAH (5703)
Entry: Buy above RM3.15
Target: RM3.29 (4.4%), RM3.36 (6.7%)
Stop: RM3.02 (-4.1%)
Shariah: Yes
Technical: Symmetrical triangle formation breakout

Source: Bloomberg, M+ Online

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