Dow Jones: 25,974.99 pts (+22.51pts, +0.09%)
U.S. stockmarkets ended on a mixed note overnight as the Dow rose 0.1%, but the S&P 500 fell 0.3%, dragged down by selling pressure in technology sector (-1.5%). The immediate resistance is located at 26,600.

FBM KLCI: 1,795.50 pts (-17.26pts, -0.95%)
The FBM KLCI (-1.0%) was not spared from the emerging markets selloff as the key index tumbled below the 1,800 psychological and consequently recorded its fifth losing streak yesterday. The immediate support is located at 1,780.

Crude Palm Oil: RM2,291 (-RM7, -0.30%)
Crude palm oil prices trended lower on concern over rising inventory level. The immediate resistance is located around RM2,350.

WTI Crude Oil: $68.72 (-$1.15, -1.64%)
Crude oil prices retreated on mounting concern over demand, coupled with production ramp up from United Arab Emirates. The immediate resistance is located at US$70.

Gold: $1,196.73 (+$5.21, +0.44%)
Gold prices rebounded after the rally in U.S. Dollar stalled, whilst demand from India improved. The immediate support will be pegged around US$1,150.

Economic Releases:
EU - Eurozone's Retail PMI, 4.10PM
US - United States' Markit Composite PMI, 9.45PM
US - United States' Markit Services PMI, 9.45PM
US - United States' ISM Non-Manufacturing PMI, 10.00PM

Bursa Malaysia Trade Statistics - 5Sep18
Institutions:  Net BUY 361.1 mln (50.2%)
Retail:  Net BUY 8.8 mln (20.3%)
Foreign:  Net SELL 369.9 mln (29.5%)

Potential Momentum Stocks - 6Sep18 
Stock Name: JFTECH (0146)
Entry: Buy above RM0.84
Target: RM0.92 (9.5%), RM0.975 (16.1%)
Stop: RM0.775 (-7.7%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: ECOWLD (8206)
Entry: Buy above RM1.25
Target: RM1.30 (4.0%), RM1.36 (8.8%)
Stop: RM1.20 (-4.0%)
Shariah: Yes
Technical: Bullish engulfing candle

Source: Bloomberg, M+ Online

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