[7:55 AM, 10/3/2018] Mplus SS 2: Dow Jones: 26,773.94 pts (+122.73pts, +0.46%)
U.S. stockmarkets extended their gains overnight as the Dow added 0.5% to hit a fresh all-time high level, mainly boosted by gains in Caterpillar Inc (+1.7%) and Intel Corp (+0.4%). The immediate resistance is located at 27,000.

FBM KLCI: 1,798.15 pts (+5.69pts, +0.32%)
The FBM KLCI (+0.3%) staged a recovery, bucking the mostly negative performance across its regional peers yesterday. The immediate resistance is located at 1,800.

Crude Palm Oil: RM2,160 (+RM3, +0.14%)
Crude palm oil prices chalked in minor gains as the rally in crude oil prices could spur demand for biodiesel. The immediate resistance is located around RM2,200.

WTI Crude Oil: $75.23 (-$0.07, -0.09%)
Crude oil prices staged a mild pullback on expectation over rising U.S. inventory level. The immediate resistance is located at US$80.

Gold: $1,203.32 (+$14.33, +1.21%)
Gold prices advanced as Italy's fiscal concern drove demand for safe haven assets. The immediate support will be pegged around US$1,150.

Economic Releases:
JP - Japan's Nikkei Services PMI, 8.30AM
EU - Eurozone's Markit Services PMI, 4.00PM
EU - Eurozone's Markit Composite PMI, 4.00PM
EU - Eurozone's Retail Sales, 5.00PM
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 - 2 Oct 18
Institutions:  Net BUY 39.1 mln (49.6%)
Retail:  Net SELL 2.9 mln (28.4%)
Foreign:  Net SELL 36.2 mln (22.0%)

Potential Momentum Stocks - 3 Oct 18 
Stock Name: NYLEX (4944)
Entry: Buy above RM0.675
Target: RM0.73 (8.1%), RM0.78 (15.6%)
Stop: RM0.645 (-4.4%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: PWROOT (7237)
Entry: Buy above RM1.60
Target: RM1.68 (5.0%), RM1.77 (10.6%)
Stop: RM1.53 (-4.4%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

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