Dow Jones: 25,115.76 pts (+241.12pts, +0.97%)
U.S. stockmarkets extended their gains overnight as the Dow rose 1.0%, lifted by solid earnings from corporate giants like Facebook and General Motors. The immediate resistance is located at 25,500.

FBM KLCI: 1,709.27 pts (+23.33pts, +1.38%)
The month-end window dressing activities sent the FBM KLCI (+1.4%) higher for the third straight session as the key index advanced above the 1,700 psychological level yesterday. The immediate resistance is located at 1,730.

Crude Palm Oil: RM2,150 (-RM19, -0.88%)
Crude palm oil prices extended its losses amid the sluggish demand from India amid the weakening Rupee. The immediate resistance is located around RM2,200.

WTI Crude Oil: $64.86 (-$0.86, -1.26%)
Crude oil prices extended its losses after U.S. inventory level rose last week. The immediate resistance is located at US$70.

Gold: $1,214.76 (-$8.17, -0.67%)
Gold prices trended lower for the third straight session after the Greenback continues to trend higher against a basket of currencies. The immediate resistance is located around $1,250.

Economic Releases:
MY - Malaysia's Nikkei Manufacturing PMI, 8.00AM
CN - China's Caixin Manufacturing PMI, 9.45AM
UK - United Kingdom's Bank of England Interest Rate Decision, 8.00PM
UK - United Kingdom's Bank of England Quantitative Easing, 8.00PM
US - United States' ISM Manufacturing PMI, 10.00PM

Bursa Malaysia Trade Statistics - 31 Oct 18
Institutions:  Net SELL 217.6 mln (46.6%)
Retail:  Net SELL 51.1 mln (21.2%)
Foreign:  Net BUY 268.7 mln (32.2%)

Potential Momentum Stocks - 1 Nov 18 
Stock Name: KGB (0151)
Entry: Buy above RM1.09
Target: RM1.19 (9.2%), RM1.28 (17.4%)
Stop: RM1.01 (-7.3%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: SENDAI (5205)
Entry: Buy above RM0.715
Target: RM0.80 (11.9%), RM0.835 (16.8%)
Stop: RM0.68 (-4.9%)
Shariah: No
Technical: Consolidation breakout

Source: Bloomberg, M+ Online

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