Dow Jones: 25,952.48 pts (-12.34pts, -0.05%)
U.S. stockmarkets drifted lower as the Dow fell 0.1% overnight as investors monitor the development of trade negotiation with Canada. The immediate resistance is located at 26,600.

FBM KLCI: 1,812.76 pts (-0.82pts, -0.05%)
The FBM KLCI (-0.1%) recorded its fourth straight session of decline, dragged down by selling pressure from foreign funds yesterday. The immediate resistance is located at 1,830.

Crude Palm Oil: RM2,298 (+RM40, +1.77%)
Crude palm oil prices trended higher for the third straight session to close at its highest level in two months, on weakness in Ringgit against the Greenback. The immediate resistance is located around RM2,350.

WTI Crude Oil: $69.87 (+$0.07, +0.10%)
Crude oil prices edged marginally higher amid sliding Iran production, but gains were capped by the strength in U.S. Dollar. The immediate resistance is located at US$70.

Gold: $1,191.52 (-$9.75, -0.81%)
Gold prices extended its losses to close below the US$1,200 psychological level after the Greenback continues to appreciate against a basket of currencies. The immediate support will be pegged around US$1,150.

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

Bursa Malaysia Trade Statistics - 4Sep18
Institutions:  Net BUY 79.5 mln (51.2%)
Retail:  Net SELL 38.5 mln (21.0%)
Foreign:  Net SELL 41.0 mln (27.8%)

Potential Momentum Stocks - 5Sep18 
Stock Name: KGB (0151)
Entry: Buy above RM0.86
Target: RM0.905 (5.2%), RM0.95 (10.5%)
Stop: RM0.83 (-3.5%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: HSSEB (0185)
Entry: Buy above RM0.95
Target: RM1.06 (11.6%), RM1.15 (21.1%)
Stop: RM0.875 (-7.9%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

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