Dow Jones: 25,270.83 pts (+173.31pts, +0.68%)
U.S. stockmarkets advanced overnight as the Dow gained 0.7% ahead of the U.S. mid-term election outcome. The immediate resistance is located at 25,500.

FBM KLCI: 1,713.87 pts (-5.07pts, -0.30%)
The FBM KLCI (-0.3%) pared most of its previous session gains in tandem with the weakness across regional peers ahead of the mid-week Deepavali break. The immediate resistance is located at 1,730.

Crude Palm Oil: RM2,153 (-RM31, -1.44%)
Crude palm oil prices erased all its previous session gains amid the potential rising inventory outlook. The immediate support is located around RM2,100.

WTI Crude Oil: $63.14 (+$0.15, +0.25%)
Crude oil prices staged a mild rebound ahead of the weekly U.S. inventory level data. The immediate support is located at US$60.

Gold: $1,232.89 (-$2.25, -0.18%)
Gold prices retreated after the U.S. Dollar appreciated against a basket of currencies. The immediate resistance is located around $1,250.

Economic Releases:
EU - Eurozone's Retail Sales, 6.00PM

Bursa Malaysia Trade Statistics - 6 Nov 18
Institutions:  Net BUY 80.4 mln (46.1%)
Retail:  Net BUY 298.2 mln (25.6%)
Foreign:  Net SELL 378.6 mln (28.3%)

Potential Momentum Stocks - 7 Nov 18 
Stock Name: KPJ (5878)
Entry: Buy above RM1.08
Target: RM1.17 (8.3%), RM1.25 (15.7%)
Stop: RM1.01 (-6.5%)
Shariah: Yes
Technical: Monitor for trendline breakout

Stock Name: TMCLIFE (0101)
Entry: Buy above RM0.755
Target: RM0.81 (7.3%), RM0.86 (13.9%)
Stop: RM0.72 (-4.6%)
Shariah: No
Technical: Consolidation breakout

Source: Bloomberg, M+ Online

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