M+Online: KLCI +18.79 pts (+1.15%) @1,647.59 pts. The FBM KLCI started off the week strongly by closing 1.2% higher as banking heavyweights were traded positively throughout the day. Meanwhile, both the lower liners and broader marker also ended positive. On the FBM KLCI, there are 26 advancers, 3 decliners and 1 traded unchanged. WTI Crude oil price stood at US$46.18.

Volume: 1.91 bln (3-month avg vol: 1.82 bln) & Value: 1.86 bln ⬆:601, ⬇:236    
FCPO+RM29@RM2,416/DowFut+59

Active stocks:    
XOX+3.5sen@RM0.125, TMS+0.5sen@RM0.115, INSTACO+3.5sen@RM0.21, AIRASIA+1.0sen@RM1.27

Potential stocks:

EVERGRN+8.0sen@RM2.02, price rose above the RM2.00 level with improved volumes. The MACD Line has given a “Buy” signal, while the RSI continues to hover above the 50 level.

OPENSYS+3.5sen@RM0.395, price experienced a breakout above the RM0.375 level. The MACD Histogram has turned green, but the RSI is overbought. Trailing stop-loss is pegged around RM0.365.

PENTA+2.5sen@RM0.82, price formed a breakout-pullback-continuation pattern above the EMA20 level with improved volumes. The MACD Histogram has extended another green bar, but the RSI is slightly overbought.

Source: Bloomberg, M+ Online

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