Dow Jones: 25,380.74 pts (+264.98pts, +1.06%)
U.S. stockmarkets rebounded for the third straight session as the Dow gained 1.1%, boosted by U.S. President Donald Trump's hint on an upcoming positive trade talk with China. The immediate resistance is located at 26,000.

FBM KLCI: 1,706.92 pts (-2.35pts, -0.14%)
The FBM KLCI (-0.1%) pared some of its previous session gains, but maintained its positive above the 1,700 psychological level yesterday amid the sluggish manufacturing data. The immediate resistance is located at 1,730.

Crude Palm Oil: RM2,144 (-RM6, -0.28%)
Crude palm oil prices trended lower to one-month low after Indonesia is considering reducing levy on its exports. The immediate support is located around RM2,100.

WTI Crude Oil: $63.69 (-$1.62, -2.48%)
Crude oil prices recorded its fourth consecutive day of decline to close at six-month low, dragged down by concern over rising U.S. supply and inventory level. The immediate support is located at US$60.

Gold: $1,233.43 (+$18.67, +1.54%)
Gold prices formed a bullish engulfing candle, snapping a three-day losing streak after the Greenback retreated against a basket of currencies. The immediate resistance is located around $1,250.

Economic Releases:
EU - Eurozone's Markit Manufacturing PMI, 5.00PM
US - United States' Unemployment Rate, 8.30PM

Bursa Malaysia Trade Statistics - 1 Nov 18
Institutions:  Net BUY 21.3 mln (46.9%)
Retail:  Net SELL 27.4 mln (27.7%)
Foreign:  Net BUY 6.1 mln (25.4%)

Potential Momentum Stocks - 2 Nov 18 
Stock Name: BAUTO (5248)
Entry: Buy above RM1.90
Target: RM2.05 (7.9%), RM2.16 (13.7%)
Stop: RM1.80 (-5.3%)
Shariah: Yes
Technical: Consolidation breakout

Stock Name: TALIWRK (8524)
Entry: Buy above RM0.77
Target: RM0.83 (7.8%), RM0.895 (16.2%)
Stop: RM0.72 (-6.5%)
Shariah: Yes
Technical: Consolidation breakout

Source: Bloomberg, M+ Online

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